Monday, January 5, 2009

There's No Pain-Free Cure for Recession

http://online.wsj.com/article/SB123033898448336541.html?mod=googlenews_wsj
Excellent artilce from the WSJ.

CRE market troubles mount

http://www.nytimes.com/2009/01/05/business/05real.html?_r=1

Saturday, January 3, 2009

If you are wrong once

http://clusterstock.alleyinsider.com/2009/1/economists-who-blew-it-agree-prosperity-is-just-around-corner
Why the hell would we think you know what the hell is going on.

State and local government problems

http://www.reuters.com/article/reutersEdge/idUSTRE4B46JD20081205
Clearly we are heading for rough sailing.

Friday, January 2, 2009

FDIC Employs Tool Used for S&L Crisis

http://online.wsj.com/article/SB123086700722648471.html
More signs we are not done with failing banks

World unemployment report

http://www.cnbc.com/id/28467019
More signs that unemployment is increasing every where.

Thursday, January 1, 2009

Video on the coming employment collapase

http://www.cnbc.com/id/15840232/?video=978164631&play=1
Scary stuff. Plays along with what I think is going to happen. Too much money to the banks leaves nothing for anyone else.