Are We Heading Toward a Market Crash by Jobless Recovery? [View article]
Good article, I agree that it is no longer a lagging indicator. I believe the best fix is to invest in labor intensive capital improvements that encourage innovation. Energy is the only thing big enough. Financing should be done thru small banks or less desirably thru new government funding source not the too big to fails.
Printing Our Way to a Jobs Recovery? [View article]
Excellent Statement: "That is, unless we're in the middle of a long deferred, fundamental change for the U.S. economy in which the credit expansion seen at all levels over the last few decades - government, corporate, and personal - can no longer produce growth."
Another Week of Explosive Emergency Unemployment Compensation Growth [View article]
Thanks TraderMark, I read this yesterday and couldn't believe it I was commenting all over the place. We have a serious structural problem. We need folks like you with a wide reach to keep it out there.
Reich: Don't Expect Lost U.S. Jobs to Return [View article]
OK lets now all take our heads out of the sand and do the tough work.
The question to be answered is:
How does a society operate when, wages, your primary source of national revenue for consumption and taxes, has been permanently reduced and you have no real national competitive advantage?
Liquidity Pumps Still Set to 'Full Power' [View article]
Outstanding article! I agree completely, it makes no sense, all were doing is throwing more money at questionable financial instruments. I see nothing real coming out of this.
State Budgets Spiraling out of Control [View article]
Good article, the states are a huge risk to our economic recovery since they can't print money. Other than low population agricultural/energy states - they are all in trouble.
Employment Outlook Isn't as Bright as Slate's Daniel Gross Thinks [View article]
I am an unemployed professional and let me give you an analogy of what I am experiencing at the street level. It is like your standing at a crowded train station with all the other unemployed. The train is slowly moving into the station with all the employed folks inside. The employed are playing musical chairs in each of the train cars to see who is the next unemployed. When the train pulls into the station the doors slide open quickly and the new unemployed get off. The doors close quickly but one of of the unemployed at the station finds a way to squeeze thru one of the doors.
Friday's Jobs Report: Unemployment Bumps 10%? [View article]
I sincerely hope the recent elections are more about voters not voting for incumbents than some ideological baloney promoted by these national political parties. I have thought about it quite a bit and the only way we can hope to get intelligent rational decisions from our representatives is to simply not vote for ANY incumbent regardless of their political party and be sure that MSM and others know why.
The Mother of All Asset Price Bubbles [View article]
Very well written, I have read several articles on the impact of the zero (negative) interest rates, QE and carry trade. This is th most understandable so far. Author should consider publishing it mainstream. I'm still confused on how the Fed is going to get rid of the trillion or so $$'s of questionable investments (they say rock solid investments??) on their books to rein in liquidity. Wouldn't they be intentionally reducing the value of the $$ of questionable investments on their books? Or has the Fed. (WE!!) become the "bad bank"?
Unresolved Financial Troubles: Three More Warning Shots [View article]
How about just limiting mortgage deduction to a percentage of AGI for the sheeple (say 20%) and entirely for the well to do or quicker phase out of itemized deductions.
Don't Lose Sight of the Big Picture [View article]
I don't know Mr. Bove from Adam. But, if a major Bank's earnings (and possibly the stock market as a whole) is being moved by something as fuzzy as mortgage servicing rights, we need to step back and ask some hard questions.
Beige Book Details Cause Stock Market Reversals [View article]
The author said: "Also notable was that there were no comments about the stimulus creating or saving jobs. Shovels remain ready, but projects are not being funded."
I think we are going to find out that the stimulus has saved State Government jobs and helped the States with dire financial problems but nothing on actually creating jobs.
Are We Heading Toward a Market Crash by Jobless Recovery? [View article]
First Stocks, Then the Economy...Is Job Growth Next? [View article]
Printing Our Way to a Jobs Recovery? [View article]
We need targeted INVESTMENT not lending.
Another Week of Explosive Emergency Unemployment Compensation Growth [View article]
Reich: Don't Expect Lost U.S. Jobs to Return [View article]
The question to be answered is:
How does a society operate when, wages, your primary source of national revenue for consumption and taxes, has been permanently reduced and you have no real national competitive advantage?
Liquidity Pumps Still Set to 'Full Power' [View article]
State Budgets Spiraling out of Control [View article]
Employment Outlook Isn't as Bright as Slate's Daniel Gross Thinks [View article]
It is like your standing at a crowded train station with all the other unemployed. The train is slowly moving into the station with all the employed folks inside. The employed are playing musical chairs in each of the train cars to see who is the next unemployed. When the train pulls into the station the doors slide open quickly and the new unemployed get off. The doors close quickly but one of of the unemployed at the station finds a way to squeeze thru one of the doors.
Friday's Jobs Report: Unemployment Bumps 10%? [View article]
The Mother of All Asset Price Bubbles [View article]
Unresolved Financial Troubles: Three More Warning Shots [View article]
America Uncoupled: Wall Street and Main Street at a Fork in the Road [View article]
Don't Lose Sight of the Big Picture [View article]
Beige Book Details Cause Stock Market Reversals [View article]
I think we are going to find out that the stimulus has saved State Government jobs and helped the States with dire financial problems but nothing on actually creating jobs.
A Few Trends Accelerated by the Recession [View article]