americanscantread

Weekly Unemployment Claims Continue to Be Encouraging

Progress!? Only in America can data be manipulated and fed to the public in such a manner. Its shocking the number of people that actually believe it.

I've got green shoots coming out of my a$$.

Job Losses Signaling Recession Isn't Over

Please paint your picture for when this comes to an end...


On Jul 02 04:27 PM Stone Fox Capital wrote:

> good points. The worst has been seen. I'd probably go with July being
> the end of the recession based on the numbers. But its definitely
> coming to an end. Amazes me that so many people focus at lagging
> data.

What Went Wrong with California, New York, and New Jersey?

Mitt Romney


On Jun 28 03:03 PM Old Rick wrote:

> As a California escapee, I'd note that one issue that was implied
> but not addressed directly is that of capital flight from the "progressive"
> states to the capital friendly states. Note where the foreign auto
> manufacturers located their plants for instance. One hopes that the
> Obamaists can read the tea leaves and see that crap and trade, health
> care (not) reform, illegal immigrant amnesty, higher taxes on wealth,and
> pork barrel stimulus will drive jobs out of the U.S. In another post
> on SA is a discussion of the disastrous effect of C&T on the
> U.S. steel industry. As capital can take flight from "progressive"
> states to cap friendly states, so to from "progressive" countries
> to cap friendly countries. I wonder who our John Galt will be??

Big Banks in Trouble: Huge Mortgage Write-Downs Seem Inevitable

No, you're not the only one astonished.


On Jun 23 08:02 PM nobby73 wrote:

> Am I the only one who's totally astonished that a guy on a commission
> only income can get $2m of loans for 7 properties? This sort of collective
> idiocy on the behalf of borrower and lenders makes me hugely worried
> about the stuff that's been dumped on the Fed, and I am still unclear
> about who takes the risk on these assets?

Unemployment Data: Are We Really Seeing an Improvement?

Thank you - it appears someone out there correctly interprets what they read.


On Jun 19 06:05 PM steve graves wrote:

> Thanks for keeping it sane, Kid. When I saw the headline describing
> how the number of continuing claims had "plunged" I almost choked
> on my oatmeal. I couldn't believe they had the audacity to even print
> that, but of course the audacity of hope pales in comparison to the
> audacity of delusion. The green shoots propaganda machine seems to
> be operating according to the rules of creation science; start with
> a belief, then selectively interpret the "facts" in order to make
> it seem true. Ah, if only wishing made it so...