babycondor

Another Reason Not to Trust So-Called Economic Experts

"The DJIA is headed to 7500 or lower, and then up to 25,000. And then back down to 14,000. " -- Trinitymaster

Over what time frame?

Is Organized Labor Back?

"a living wage?"

You mean enough money to buy all the cars, big screen tvs, recreational vehicles, new clothes for the entire family every couple of weeks, and crap of every sort ad nauseum, not to mention subsidized health care for the rest of your and your childrens' obese, couch potato, tobacco- and alcohol-fueled existence...yeah, a living wage, that would support an entire village for an entire year somewhere in south america...but you are ENTITLED to it because this is america and our lifestyle is not negotiable except at the point of a gun, right?

Unnamed Problem Banks Rose 46% in Q3 - FDIC

It would be important to also see the total number of financial institutions, compared to the subset of "problem" institutions, for each period.

Would We Even Recognize a Depression if We Had One?

"Use rabbit ears and get just a few channels? Never. The inconvenience of going to the library to use the services there? Never. "

No more rabbit ears after Feb 2009, unfortunately.

Our local library is poorly funded, little used, and rapidly becoming obsolete. Public libraries may be one casualty of a so-called depression, if they're not already doomed.

However I agree with your overall point ... luxuries being perceived as necessities, people unwilling to give them up.

The Current Market Mess: Avert Your Eyes

Care to sketch out for us the outlines of your "solid long-term plan"?