The Second Foreclosure Tsunami is Coming, and is About to Kill Any Hopes of a ‘Housing Bottom’

Tyler Durden Zero Hedge 4/4/2012

In what appears to be surprising news for some, Reuters has an article titled “Americans brace for next foreclosure wave” whose key premise is that “a painful part two of the [housing] slump looks set to unfold: Many more U.S. homeowners face the prospect of losing their homes this year […]

US Housing Market Was Artificially Inflated By 14% In 2007-2010 NAR Reports

Tyler Durden Zero Hedge 12/21/2011

Just the headlines for now:

EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010 EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical […]

Saving the American Idea: Rejecting Fear, Envy and the Politics of Division

Congressman Paul Ryan The Heritage Foundation 10/26/2011

The American commitment to equality of opportunity, economic liberty, and upward mobility, is not tried in days of prosperity. Instead, it is tested when times are tough – when fear and envy are used to divide Americans and further the interests of politicians and their cronies. In this […]

Divesting in America: PIMCO Dumps U.S. Treasury Bonds from Portfolio

15 March 2011

CAJ note: Last week we published the PIMCO information in our post, “It will never be any easier or cheaper to fix this problem than it is right now…”

PJTV Front Page with Allen Barton 3/14/2011

PIMCO [Pacific Investment Management Co.] is the world’s largest bond fund. PIMCO’s Bill Gross recently announced […]

Tip-Toeing Through the Tulips While the Housing Bubble Burst

Morgen Verum Serum 5/7/2010

If any further proof is needed that Barney Frank has been completely incompetent in his oversight of the financial services industry, one need look no further than this past week. Just one day after Frank sent a memo to the White House urging the President to reject the attempt by Republicans […]

Democracy Alliance and ACORN affiliated group wins Pulitzer Prize with the New York Times

Anita MonCrief RedState.com 4/14/2010

ProPublica, the brainchild of Herb and Marion Sandler, received journalism’s top honor this week in conjunction with the New York Times.

“ProPublica, a nonprofit investigative-journalism service, won one of two Pulitzers awarded for investigative reporting for a story on the life-and-death decisions made by doctors at a New Orleans hospital during […]

Categories