Clayton

Property Values Set to Fall 43% from Current Depressed Levels

Yes good point. This is similar to mine.

Housing "values" will certainly go down in real terms - maybe even 43%.

The prices in USD on the other hand won't due to the increased money supply. If you price in gold, you can already see the decline.

In real terms, the prices may collapse, but if the government simply prints enough dollars, the USD price may remain steady. The same is also true for the stock market. In real terms, the market at large has been crashing ever since the internet bubble, when you consider the devaluation of the dollar.

On Nov 03 07:40 AM Lsente wrote:

> I pay credence to your article but think that USD is no longer a
> linear variable. I still appreciate your article and it conjured
> a memory of a chart I could not get out of my head.
>
> whiskeyandgunpowder.co.../
>
> Third chart down, you'll find it in numerous places and I do not
> know who should get credit for it, but definitely a buttress to your
> thesis. I hope we are both wrong but I will be behaving as though
> we are both right.
>
> Thanks for your submission

Property Values Set to Fall 43% from Current Depressed Levels

You should factor in growth in the money supply to your trend line. We won't return to trend in nominal terms because there is simply so much more money out there now.

Income Tax, Not Wealth Tax: That's Another Story

How about we tax the wealth of the Kennedy's, Rockefellers, etc... the folks who have not had to earn it.

Dangerous Fallacy in GDP Measures

GDP figures have to be tempered with "net worth" figures.

GDP be damned. What people should really look at is if a country is increasing or decreasing its net worth. If a good portion of GDP activity is being done with equity instead of debt, and the economy is getting a return on investment, then the country's net worth should go up and that should be a real good sign (unless it is artificially going up from a fed caused bubble).

GDP is so 1970s....

Are Unemployment Numbers Bogus?

You leave off the most important point. The government continuously reports a falsely low number one month to compare it to the previous month's "upwardly revised" number to show that "the situation is improving". They have done this for months now. Here is the most recent example, this time ADP is the tool for the propaganda:
finance.yahoo.com/news...;_ylt=AovCHj0N7D5Gk2vc...

This time from ADP:
"Automatic Data Processing, a payroll-processing firm, said private-sector employers cut 532,000 jobs in May, a 2.4% improvement from the revised 545,000 drop in April.

Economists surveyed by Briefing.com expected a more modest loss of 525,000 jobs last month. ADP originally reported a loss of 491,000 private-sector jobs in April."

Test Driving Zecco.com: Free Trading, But At A Price

ZECCO IS A FRAUD! BAIT AND SWITCH SCAM ARTISTS!

Their new business model is "Lie to people to get them to open 'free accounts'. Then take $30 when they fund the account. Then disrespect the customer on the phone to get them to close the account; charge them another $30 to close it."

Bam, $60 for no work. That is unless they decide to just keep your money!

By the way, I found a work around for anyone who wants to avoid the $30 fee to close the account! Leave it open and take a partial distribution of all but 1 penny. That is free! Make sure you delete any ACH relationships you have with them so they can't draft the annual fee out of your account.

I hope I get my check of $2469.99 in the mail soon so I can cash and be done with these criminals. If not, I will contact the FBI like an earlier poster did. Great idea!