HARM

Return of Weimar Monetary Policies?

"this Monday September 13"

Actually, it should be, "this Monday, October 13".

US Government: No Surprises Left

<i>They've lost 110,000 jobs and $2 trillion, and you want their heart's blood too. Guess what? If you get it, you will be broke.</i>

"heart's blood"?? LOL Oh, give me a break --where's my tiny violin? The asshats in charge haven't even been forced to suffer major consequences, much less go broke. When I see Lehman's and AIG's BOD lined up for the TV "perp walk, with all their toys and mistresses gone and offshore accounts seized (for repaprations to taxpayers), THEN we can talk about real "pain".

So, I should feel empathy for rapacious Wall Street greedbags and their reckless, myopic minions? Screw 'em and let 'em fail --that's true "free market" capitalism. Why should *my* hard earned money go to bail these paper-pushing asshats out? Why should *I* be forced to support government baliouts designed to protect reckless idiots from the consequences of their own immoral and fraudulent actions? Why should more of *my* money go towards preventing bubble-inflated house prices from falling to truly affordable levels?

F**k 'em all. It's economically and morally the RIGHT thing to do.

FOMC August 5 Minutes Review: Inflation Debate Rages

So... the Fed *might* decide at some unnanounced time in the future to raise interest rates from 2% (which would be NEGATIVE 7% measured using the pre-Clinton era CPI) to a whopping 2.25%. www.shadowstats.com/

Whoopeeee!! Break out the champagne, wage earners! Your purchasing power and savings may get a marginally smaller ass-whooping next year! Time to partaay...

The Dollar's Decline: Taking Responsibility for the Future

Mr Math is 100% right. It's obvious by disparaging Bush tax cuts for Big Oil and the top 1% as "snake oil" that Mr. Chinn hates America and Our Freedoms. He ought to be sent to Guantanamo and fed a steady diet of Rush Limbaugh, Larry Kudlow and Sean Hannity until he cracks and embraces corporate socialism with open arms.

Foreign Investment in the U.S.: Is Bernanke Facing a Death Spiral?

--"Pepple Beach"
+"Pebble Beach"

Must remember to spellcheck.

Foreign Investment in the U.S.: Is Bernanke Facing a Death Spiral?

<i>I seem to recall that in the mid '80's after the recession the Japanese handled this problem by buying U.S. commercial real estate and other tangible assets at bargain prices instead of U.S. paper investments</i>

I seem to recall the Japanese using bubble equity from their own twin RE & stock market bubbles and paying top dollar for inflated U.S. real estate (recall "Rising Sun", Rockefeller Center & Pepple Beach anyone?). And then having their asses handed to them.

RE: "bargains" in U.S. real estate, yeah right --at 11:1 median price:median HH income ratio, those CA properties are looking mighty "affordable". Keep repeating the "everyone wants to live here", and "wealthy foreigners will pay any price" mantras --maybe it will come true through will power alone.

Q: Are you a real estate agent or mortgage broker (or both?)