Keeping A Wide Angle View On The World of Cryptocurrencies, Blockchains, Economics, Politics, Science And The Environment
27 August 2010
Business/Economic/Housing/Layoff News for the Weekend of August 28-29, 2010
CEO: J&J let down public, must work to build trust
Stocks in Fallout Shelter provisioning are ratcheting up
Native Americans protest attempts by New York to collect taxes
Fed Assets Decline to $2.3 Trillion as Housing Securities Fall
Home Prices May Drop Another 25% in the USA
Rising foreclosures and falling sales are discouraging potential buyers
Beijing District Reports That The Majority Of Its Houses Have Been Vacant... For Years
Ford recalls Windstar vans over axle corrosion
The American Nightmare: "You can't expect a recovery in the housing market in the absence of a recovery in the jobs market,"
Double Dip And Other Labels Do Not Matter: It's Jobs That Count
California gets $1.2 Billion from the Department of Education to Fund 16,500 teaching jobs
City of Port St. Lucie, FL to cut 27 jobs in Police Department
El Camino Hospital of Moutain View, CA to lay off 140
Labels:
California,
China,
Fallout Shelter,
Florida Housing Crash,
Ford,
Gold,
Home Prices,
Housing Crash,
Jobs,
Layoffs,
New York,
Richard Russell,
Taxes
26 August 2010
Business/Economic/Housing/Layoff News for August 27, 2010
Bernanke's helicopter could move to new altitude
Asian Stocks Decline on U.S. Growth Concern, Advancing Yen
Another Toyota Recall Affecting 1 Million Corolla and Matrix Brand Cars
1,000-Megawatt Plant in Calif. Marks New Milestone in Solar Expansion
India to add 100 Mw solar power capacity
UPDATE 2-Toshiba plans solar power push in Europe, U.S.
Solar, wind expected to become world's main sources of energy: scientist
US Wind Turbine Projects Run Into Resistance From The US Military . . . Here's Why
Breakthrough! Scientists create a synthetic surface for growing stem cells
China's Biggest Wireless Telecom Might Begin Selling Apple iPads In September
Silver and Gold ETFs: Protecting Yourself From a Sell-Off
The Great Delveraging Lie
Mass Delusion American Style
Dow closes below 10,000
S&P 500 down over 13% since April's high; surpisingly, short interest has stayed relatively flat
Dallas-Fort Worth commercial foreclosure filings are up 51% in 2010
11 Million U.S. Properties with Negative Equity in Q2
Chart of the Day: Housing Prices Since WWII
Current trends suggest that the housing market is collapsing. Again. Will it take the economy further down with it?
Mish: Burning Down the House; New Home Sales Consensus 330K, Actual 276K, a Record Low; Nationwide, Zero New Homes Sold Above 750K
The Renting Alternative Will Undermine The Housing Market For Years
Mish: Weekly Unemployment Claims Drop to 473,000, Last Week Revised Up to 504,000; 4-Week Average Rises to 486,750
Scarcity of jobs puts more at risk of foreclosure
Newark submits plan to eliminate nearly 1,000 city jobs
Children's Hospitals plans to cut up to 250 jobs
USA Today to give pink slips to 130 employees
Raytheon cuts 82 NASA workers
Asian Stocks Decline on U.S. Growth Concern, Advancing Yen
Another Toyota Recall Affecting 1 Million Corolla and Matrix Brand Cars
1,000-Megawatt Plant in Calif. Marks New Milestone in Solar Expansion
India to add 100 Mw solar power capacity
UPDATE 2-Toshiba plans solar power push in Europe, U.S.
Solar, wind expected to become world's main sources of energy: scientist
US Wind Turbine Projects Run Into Resistance From The US Military . . . Here's Why
Breakthrough! Scientists create a synthetic surface for growing stem cells
China's Biggest Wireless Telecom Might Begin Selling Apple iPads In September
Silver and Gold ETFs: Protecting Yourself From a Sell-Off
The Great Delveraging Lie
Mass Delusion American Style
Dow closes below 10,000
S&P 500 down over 13% since April's high; surpisingly, short interest has stayed relatively flat
Dallas-Fort Worth commercial foreclosure filings are up 51% in 2010
11 Million U.S. Properties with Negative Equity in Q2
Chart of the Day: Housing Prices Since WWII
Current trends suggest that the housing market is collapsing. Again. Will it take the economy further down with it?
Mish: Burning Down the House; New Home Sales Consensus 330K, Actual 276K, a Record Low; Nationwide, Zero New Homes Sold Above 750K
The Renting Alternative Will Undermine The Housing Market For Years
Mish: Weekly Unemployment Claims Drop to 473,000, Last Week Revised Up to 504,000; 4-Week Average Rises to 486,750
Scarcity of jobs puts more at risk of foreclosure
Newark submits plan to eliminate nearly 1,000 city jobs
Children's Hospitals plans to cut up to 250 jobs
USA Today to give pink slips to 130 employees
Raytheon cuts 82 NASA workers
Labels:
Apple,
Dow,
Foreclosures,
Gold,
Housing Prices,
Layoffs,
Mass Delusion,
New Home Sales,
Raytheon,
Silver,
Solar Power,
Stem Cells,
Toyota,
Unemployment,
Wind Energy
25 August 2010
Business/Economid/Housing/Layoff News for August 26, 2010
Oil rebounds over $73 on dollar, equities
Credit card debt drops to lowest level in 8 years
U.S. Anticipates Major Drops in Costs of Solar Power, Electric Vehicles by 2015
US retail gasoline demand down 1.2 pct-Mastercard
Peabody, Coal Producers Lead Market's Decline on Weak Economic Data
Five plays which will make you 500% if the market crashes
Credit card debt drops to lowest level in 8 years
U.S. Anticipates Major Drops in Costs of Solar Power, Electric Vehicles by 2015
US retail gasoline demand down 1.2 pct-Mastercard
Peabody, Coal Producers Lead Market's Decline on Weak Economic Data
Five plays which will make you 500% if the market crashes
Coming soon: government defaults . . . says Morgan Stanley
SEC brings charges against ex-CEO of Countrywide, Anthony Mozillo, for his "special friends" program which benefited members of Congress
For America's Middle Class, the Hits Just Keep on Coming
How the Stimulus Is Changing America
Time Magazine: The Case Against Homeownership
Inventory Explodes Past the Worst of the Housing Crash
Why Nobody Wants To Buy A House
SEC brings charges against ex-CEO of Countrywide, Anthony Mozillo, for his "special friends" program which benefited members of Congress
For America's Middle Class, the Hits Just Keep on Coming
How the Stimulus Is Changing America
Time Magazine: The Case Against Homeownership
Inventory Explodes Past the Worst of the Housing Crash
Why Nobody Wants To Buy A House
Denninger: The Newest Ripoff In Housing
Capital Expenditures By US Corporations Slows Down And Endangers Hiring
Intel CEO: U.S. faces looming tech decline
24 August 2010
Business/Economic/Housing/Layoff News for August 25,2010
Mish: Japan's Finance Minister Threatens Yen Intervention to Halt "One-Sided Movement"
Elliot Spitzer: They Still Don't Get It
Santander Analyst Made Insider Trades Before BHP Bid for Potash, SEC Says
Burger King 4Q net income falls 17%; sales slip
Apple Said to Prepare New 99-Cent TV Show Rental Service
Traders Freaking Out Over WSJ Report On The Fed: Here's Why
U.S. Existing Home Sales in Record Plunge
Economy Caught in Depression, Not Recession: Rosenberg
Ireland Long-Term Sovereign Credit Rating Cut by S&P
Yes Folks, Hindenburg Omen Tripped Again. . . Creator Of Hindenburg Gets Entirely Out Of Market
The Automatic Earth: "How Low Can We Fall This Fall?"
Louis Navellier: 9 Mega Cap Blue Chip Stocks To Dump Immediately
Gross Says Mortgage Yields Would Soar Without Government Aid
PIMCO's Bill Gross on "Deep Demographic Doo-Doo"
Former Countrywide CEO Mozilo faces more allegations
Home Prices: They're Not Quite What They Seem
NYT: "The Overconfidence Problem In Forecasting
Realty Check: The Experts Failed To See The Housing Crisis Coming
The Two Gangs Of Economists Warring Over The Causes Of High Unemployment
Deal between Miami Beach and CWA Union falls apart putting 450 jobs in peril
Between 600 to 1,000 workers to be laid off in Arkansas Whirlpool Plant
Pfizer: 150 plant workers to lose jobs in December
Income Inequality and Financial Crises
Business/Economic/Housing/Layoff News for August 24, 2010
7:06 AM EST - Stock futures drop on global economic worries; traders brace for weak housing report.
Hussman: Why Quantitative Easing is Likely to Trigger a Collapse of the U.S. Dollar
Leaked Documents Provide Glimpse Behind Baseball’s Financial Curtain
15-year high for the Japanese yen
Mish: Dissent at the Fed, 7 of 17 Express Reservations about QE; Appeals Court Refuses Fed's Motion to Dismiss Bloomberg's Freedom of Information Request
First Time Ever: Pay TV Subscribers In The US Decrease
Great Recession, Great Depression
Zero Hedge: Mapping The Tipping Points
Zero Hedge: How Hyperinflation Will Happen
Mogambo Guru: "Inflation Follows The Stimulus Boom"
The Fed Can Create Money, Not Confidence
Barry Ritzholz Video - Are We In An Economic Purgatory?
Sign of Trouble? Bankers Pitch 100 Year Bonds
Bond Funds Attracting Cash Like Stocks During Dot-Com Boom: Credit Markets
The End of Management - Corporate bureaucracy is becoming obsolete. Why managers should act like venture capitalists
WSJ: Facing Budget Gaps, Cities Sell Parking, Airports, Zoo
Wikipedia entry on "Quantitative Easing"
How to protect your money during deflation
Der Spiegel: On The Way Down - The Erosion Of America's Middle Class
Marc Faber: Protect Your Property with High Voltage Fences, Barbed Wire, Booby Traps, Military Weapons and Dobermans
Credit Card Rates Fly Through The Roof
The Age of Nations is Over. The New Urban Age has Begun.
Boarded-up Tuscon, Arizona complex excels now in a sorry way - decay
The Housing-Market Diagnosis: Still Weak
15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse
Henry Blodgett - Now They Tell Us: Experts Say Housing Is A Lousy Investment And Always Will Be (video included)
The U.S. Housing Fetish Hurts the American Dream
Homeowner confidence in real estate market dips
Mish:Commercial Real Estate Foreclosures to Hit Chicago "Loop", First Since 1999; Big Wave of Commercial Foreclosures, Bank Failures Coming
What to Do With a $7.6 Million Home? Tear It Down!
Even high-end properties can't escape foreclosure wave in Palm Beach County
Sacramento Wastewater Plant Upgrade Would Cost 390 Jobs Per Year
Canadian Pacific Railway Plans To Announce Job Layoffs In The Next Two Weeks
22 August 2010
Business/Economic/Housing/Layoff News for August 23, 2010
Peter Schiff: The Fed Has A Drug Problem, Bernanke Is Addicted To Printing
Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High
Debt's Deadly Grip
Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC
USA: Portrait of a Sagging Empire
Bond Yields Showing No Economic Spoils for Republicans in 2010
Bond bubble fear returns as investors flee stocks
How Pimco is holding the American homeowners hostage
It's doom and gloom all over again
Today’s economic crisis is less about the quantity of output than the distribution of income and leisure
Late-fee limits could cost card issuers $3 billion
Democracy or “Lobbyocracy”?
Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble
4th Straight Year Of Decline: Country clubs for golfing closing nationwide
10 Big Retailers Closing Stores
Small Investors Flee The Stock Market
Firm: N. Calif home sales drop 23 percent in July
Another top money manager says the market is priced attractively at this time
7 Reasons Why You Should Not Buy A House
Post-Mortgage Meltdown, Where Do We Go Now?
Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.
Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
Housing Fades as a Means to Build Wealth, Analysts Say
Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession
Watch Out Amazon, Here Comes Rakuten!
Delta to Recall, Hire Attendants as Carrier Expands
What is real jobless rate in North Carolina? Try 17.8%
Bleak Picture for Employment
Veterinary supplier files bankruptcy, lays off 300
State of Texas considers cutting "thousands" of jobs to balance their budget
BAE Systems laying off 124 at Western Pennsylvania plant
Wells Fargo laying off 90 employees in Reading, PA
Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High
Debt's Deadly Grip
Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC
USA: Portrait of a Sagging Empire
Bond Yields Showing No Economic Spoils for Republicans in 2010
Bond bubble fear returns as investors flee stocks
How Pimco is holding the American homeowners hostage
It's doom and gloom all over again
Today’s economic crisis is less about the quantity of output than the distribution of income and leisure
Late-fee limits could cost card issuers $3 billion
Democracy or “Lobbyocracy”?
Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble
4th Straight Year Of Decline: Country clubs for golfing closing nationwide
10 Big Retailers Closing Stores
Small Investors Flee The Stock Market
Firm: N. Calif home sales drop 23 percent in July
Another top money manager says the market is priced attractively at this time
7 Reasons Why You Should Not Buy A House
Post-Mortgage Meltdown, Where Do We Go Now?
Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.
Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
Housing Fades as a Means to Build Wealth, Analysts Say
Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession
Watch Out Amazon, Here Comes Rakuten!
Delta to Recall, Hire Attendants as Carrier Expands
What is real jobless rate in North Carolina? Try 17.8%
Bleak Picture for Employment
Veterinary supplier files bankruptcy, lays off 300
State of Texas considers cutting "thousands" of jobs to balance their budget
BAE Systems laying off 124 at Western Pennsylvania plant
Wells Fargo laying off 90 employees in Reading, PA
Labels:
Amazon,
Bonds,
BP,
Delta Airlines,
Florida Housing Crash,
Foreclosures,
Germany,
Intel,
Layoffs,
Nikkei,
Pimco,
Rakuten,
Retailers,
Sharp,
Stock Market,
Texas,
Unemployment
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