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There hasn’T been ... a single updaTe To This siTe --- since I joined. "This Is Not What Authoritarianism Looks Like" America Erupts… ICE Raids Takeover The Streets AC/DC- Riff Raff + Go Down [VH1 Uncut, July 5, 1996] Why is Peter Schiff calling Bitcoin a ‘giant cult’ and how does this impact market sentiment? Esso Your Butt Buddy Horseshit jacks off to that shit "The Addled Activist Mind" "Don’t Stop with Harvard" "Does the Biden Cover-Up Have Two Layers?" "Pete Rose, 'Shoeless' Joe Reinstated by MLB, Eligible for HOF" "'Major Breakthrough': Here Are the Details on the China Trade Deal" Freepers Still Love war Parody ... Jump / Trump --- van Halen jump "The Democrat Meltdown Continues" "Yes, We Need Deportations Without Due Process" "Trump's Tariff Play Smart, Strategic, Working" "Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. 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Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing! Are we experiencing a Triumph of Orthodoxy? Judge Napolitano with Konstantin Malofeev (Moscow, Russia) "Trump Administration Cancels Most USAID Programs, Folds Others into State Department" Introducing Manus: The General AI Agent "Chinese Spies in Our Military? Straight to Jail" Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly "Real problem with the Palestinians: Nobody wants them" ACDC & The Rolling Stones - Rock Me Baby Magnus Carlsen gives a London System lesson! "The Democrats Are Suffering Through a Drought of Generational Talent" 7 Tactics Of The Enemy To Weaken Your Faith Strange And Biblical Events Are Happening Every year ... BusiesT casino gambling day -- in Las Vegas Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel Palestinians: What do you think of the Trump plan for Gaza? What Happens Inside Gaza’s Secret Tunnels? | Unpacked Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225 Status: Not Logged In; Sign In Economy See other Economy Articles Title: U.S. MAY S&P/CASE-SHILLER HOME PRICES RISE 4.6% VS YEAR AGO [African American Hating Nebby on Suicide Watch] Source: BBG URL Source: http://www.bloomberg.com Published: Jul 27, 2010 Author: CARLOS TORRES Post Date: 2010-07-27 09:07:11 by war Keywords: None Views: 20650 Comments: 39 Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 3. #1. To: war (#0) At some point within months, the US will have to bring Freddie, Fannie and Ginnie on the books. At that point $7 Trillion in toxic waste will be transferred to the US. Months later housing will be going at 50 cents of today's $. The Bottom 90% will have Zero Equity. Zero gains for the last 40 years. mcgowanjm  posted on  2010-07-27   9:19:54 ET  Reply   Untrace   Trace   Private Reply   #2. To: mcgowanjm (#1) At that point $7 Trillion in toxic waste will be transferred to the US. Trust me when I tell you that it is already there. war  posted on  2010-07-27   9:23:47 ET  Reply   Untrace   Trace   Private Reply   #3. To: war (#2) Trust me when I tell you that it is already there. Trust me when I tell you it's not. The moment it is, the US is out of the Mortgage bizness, and the US is All there is holding the Mortgage bizness up now. Getting the Small People to go into debt now on a home soon to be worthless is a Ponzi. There just isn't anyone left. mcgowanjm  posted on  2010-07-27   9:53:32 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 3. #4. To: All (#3) Some seem to think that Japan just sat back and did nothing during this time. 1989 til today. There is nothing further from the truth. Japan was the first major economy to go down the path of quantitative easing. Japan also injected enormous amounts of money into their economy to stimulate growth. Yet the above chart is rather clear in the outcome. Some point to unemployment in Japan remaining low. This is more a sleight of hand with economic data. Although the official rate is low, nearly 1 out of 3 Japanese workers are considered part-time employed. That is, no security of long-term employment. We have seen a massive rise in the number of Americans that now work in a part-time fashion. No benefits, lower wages, and job security that is no longer an option in the longer term. It is easy to see why asset prices in Japan have remained depressed for so long. Prices in the U.S. are showing no sign of inflationary pressures because there is little mechanism to force wages up with such a giant over supply of labor in the market. This is possibly one of the major points missed by those who predict inflation or hyper-inflation in the future. Central banks can print but they can’t force wages up especially in a global market where cheap wages are the status quo. To the contrary, banks are following the zombie like behavior of Japan banks by hoarding funds: mcgowanjm  posted on  2010-07-27 10:00:24 ET  Reply   Untrace   Trace   Private Reply   #5. To: mcgowanjm (#3) Trust me when I tell you it's not. Who funds the Fed? war  posted on  2010-07-27 10:01:43 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 3. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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