Loading...

Thursday, December 06, 2007

COMPREHENSIVE INSIGHTS INTO THE CURRENT 1929 HOUSING DEPRESSION. A GREAT ARTICLE BY STEVEN PEARLSTEIN...!

QUOTE:

It's Not 1929, but It's the Biggest Mess Since

By Steven Pearlstein


**************************************************
QUOTE:

When Bankers Jump Out the Window!

***************************************************
QUOTE:

Paul Krugman: Innovating Our Wayto Financial Crisis

***************************************************
QUOTE:

The New York Times: The President's CynicalBudget War

***************************************************
QUOTE:

Robert Weitzel: HomegrownTerrorism Prevention Act:
A Tutorial in Orwellian Newspeak

***************************************************
QUOTE:

Stephen J. Fortunato Jr.: Supreme Court Inc.

*************************************************

QUOTE:

Matthew Rothschild: Bush May Still Bomb Iran,Despite NIE

**************************************************
QUOTE:

Melanie Scarborough: Somebody Is Lying About FISA

****************************************************
QUOTE:

Losing and Restoring the Republic

By Jacob G. Hornberger

It is impossible to overstate the fundamental differences
between the foreign-policy philosophy of our American
ancestors and the foreign-policy mindset that guides our
country today. The philosophy of our ancestors was nicely
summed up in the Fourth of July address to Congress in
1821 by John Quincy Adams. Continue

****************************************************
QUOTE:

Saint Joe and the Impending Global Financial Crisis

By Mike Whitney

The wreckage in the housing market just keeps piling up.
Sales of existing homes in October dipped 23.5% from
last year. Prices on new homes dropped 13% year over
year. Third quarter foreclosures skyrocketed to 635,000,
a 94% increase over last October and an all-time high
on the Misery-Meter. The real estate market is in
free-fall and the real trouble hasn't even begun yet.
Continue

****************************************************
QUOTE:

Economic Outlook 2008: Darkening Clouds

By Dom Armentano

Presidential election years usually are not recessionary but
next year will be an exception. Several economic factors are
colliding in an almost perfect storm to markedly slow the
general economy and the stock market.Continue

****************************************************
QUOTE:

Homeless in Paradise

America, Land of 371 Billionaires and 3.5 Million Homeless

By Stephen Fleishman

In the United States of America, the greatest country in
the world, as many as three and a half million people
experience homelessness in a given year (1% of the entire
US population or 10% of its poor) and of that, 1.37 million
(or 39%) are children under the age of 18. Continue

***************************************************
QUOTE:

We the Paranoid

By Eugene Robinson

We Americans like to think of ourselves as strong, rugged
and supremely confident -- a nation of Marlboro
Men and Marlboro Women, minus the cigarettes and
the lung cancer. So why do we increasingly find ourselves
hunkered behind walls, popping pills by the handful
to stave off diseases we might never contract and eyeing
the rest of the world with an us-or-them suspicion that
borders on the pathological? Continue

*****************************************************
QUOTE:

A Miracle: Honest Intel on Iran Nukes

By Ray McGovern

For those who have doubts about miracles, a double
one occurred today. An honest National Intelligence
Estimate (NIE) on Iran's nuclear program has been
issued, and its "Key Judgments" were made public.
Continue

*****************************************************
QUOTE:

The Shortage Myth

The Lies at the End of the American Dream

By Paul Craig Roberts

Integrity is so lacking in America that the shortage
myth serves the interests of universities, funding
agencies, employers, and immigration attorneys at
the expense of American students who naively pursue
professions in which their prospects are dim. Initially
it was blue-collar factory workers who were
abandoned by US corporations and politicians.
Now it is white-collar employees and Americans
trained in science and technology. Continue

*************************************************
QUOTE:

Walter Cronkite and David Krieger: Our Troops Must Leave Iraq:

The invasion of Iraq was illegal from the start. Not only
was Congress lied to in order to secure its support for
the invasion of Iraq, but the war lacked the support of
the United Nations Security Council and thus was an
aggressive war initiated on the false pretenses of
weapons of mass destruction

***************************************************
QUOTE:

Krugman: The making of a mess:

How bad is it? Well, I've never seen financial insiders
this spooked - not even during the Asian crisis of
1997-98, when economic dominoes seemed to be
falling all around the world.

***************************************************
QUOTE:

The dollar's perfect storm worsens:

Europe's inflation is likely to prompt its central bank
to raise interest rates -- five days before the Fed is
expected to lower them here. That's bad news for the buck.

***************************************************
QUOTE:

Henry Thoreau and the Patrons of Virtue

By Charles Sullivan

Far from a government of the people, for the people
and by the people, we now have a government that
is the exclusive domain of the rich and powerful and
has the same level of exclusivity as an expensive
country club or resort. The poor and disenfranchised
are barred from entry and are thus marginalized.
Continue

************************************************
QUOTE:

Putin is Stalin?

Garry Kasparov and the Far-right Cuckoo's Nest

By Mike Whitney Watching Kasparov traipse around
Moscow with his basket of sour grapes and his entourage
of western media-stooges is like watching "Mr. Bean's
Excellent Kremlin Adventure"---a particularly
lame performance in a dismal B-rated burlesque.
It's painful to watch. Continue

************************************************
QUOTE:

Time to Mount Up and Ride

By Vincent L. Guarisco

Haven’t you noticed the pillars shaking, the foundation
cracking, and debris falling everywhere? I certainly
hope so, because the Bush administration’s wrecking
ball hasn’t quite finished swinging yet. Continue

*************************************************
QUOTE:

A TYPICAL SCENE AT A THAI ROADSIDE VENDOR'S
STALL AS SHE TRIES TO SELL PRODUCE TO TOURISTS
& LOCALS ALIKE ON THE SHOULDER OF A MAIN HIGHWAY.

BY NOVELIST F. SCOTT SINCLAIR

**************************************************



QUOTE:

A WORLD OF INCIDENTS AT YOUR FINGERTIPS:
TRULY AMAZING...! AND IT'S UPDATED EVERY 360
SECONDS, I'VE BEEN TOLD. A REALLY PLEASANT
TREAT AND INTELLECTUAL JOURNEY.
TRY IT, YOU MIGHT LIKE IT.

**********************************************************
QUOTE:

Late Night Political Jokes - Late Night Jokes Updated Daily

*******************************************************
QUOTE:

A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS

*******************************************************