- Mainstream media headline of the day (illustrated above): Lack of Jobs, Foreclosures May Keep US Housing Market Depressed. Awww, why don’t they get it some Paxil or something? – From the “put your money where your mouth is” department… Mises to Krugman: buy more stuff, dude (via TakeAReport) – Minimum wage laws apparently have [...]
Entries from August 25th, 2010
HELOC? HELNO.
August 23rd, 2010 · 5 Comments · fail
From NYT, shocking, shocking news: you may have to stop looking at your house as a guaranteed cash cow. “There is no iron law that real estate must appreciate,” said Stan Humphries, chief economist for the real estate site Zillow. “All those theories advanced during the boom about why housing is special — that more [...]
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The Fed’s Not Letting Just Anyone In The Bunker This Year
August 21st, 2010 · 1 Comment · bernanke
Every year around this time, Fed officials from all its regional banks get together for a little retreat in Jackson Hole, Wyoming. The activities (other than talking about how much ink needs to be ordered for the printing press this year) usually include hiking, rafting and other outdoorsy things – and, of course, a meeting [...]
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Thursday Night Links
August 19th, 2010 · No Comments · links
- TRB looks at the Government Motors IPO. Get long petroleum, they’re ordering a lot of lipstick for this pig – Maybe YOU can’t get blood from a stone, but cable companies are sure deriving a lot of revenue from unoccupied homes and condos – Donald Trump joins the teabaggers (h/t Bart L.) HuffPo has [...]
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Main Street Brigade Featuring Elizabeth Warren: Regulators, Mount Up (Video)
August 16th, 2010 · No Comments · regulatin
It would be better if it were Warren G calling for Elizabeth Warren to regulate (or is that too many Warrens?), but we’re still amused that a group called the Main Street Brigade has produced a hip-hop video calling for her nomination as director of the Bureau of Consumer Financial Protection: The Main Street Brigade [...]
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