Archive - Jan 25, 2010 - Blog entry
A Way To Cut The Deficit? - Think Ouside the Box
Submitted by Bruce Krasting on 01/25/2010 20:26 -0500What a terrible day. Rained and blew like hell. I stayed inside and solved part of the problem of the deficit.
Bottom In Home Prices, a Decade Away
Submitted by MKC_Global on 01/25/2010 18:39 -0500Few people realize that home prices in the United States have only risen in a sustained manner twice in the last 116 years...
...The general public seems to believe the bottom in housing has arrived; however, I believe no one will make any money on their real estate investments for the next decade. There may be an exception or two with a fixer-upper or a foreclosure, but buying a home for your primary residence under typical circumstances will be a net loser.
World War III: China, Computers & Freedom
Submitted by Chopshop on 01/25/2010 18:18 -0500~ Information Technology, Social Media & the Structural Integrity of the Internet in the 21st Century ~ after China got caught with its hand in Google's POP3 Port 995 cookie jar, US Secretary of State Hillary Clinton fired THE first salvo in what will likely prove itself to be the terrain of WW III ~ the digital battlefield. This highlight is intended to set the stage for a short-series that will delve deeper into the multivariate 'strategery' of the issue du jour ~ China, Computers & Freedom in the 21st Century.
Bernanke Nomination Still Not A Done Deal, Say GOP, Democratic Sources on Capitol Hill
Submitted by rc whalen on 01/25/2010 11:26 -0500I thought the readers of ZeroHedge would like to see excerpts from the note we put out for clients of the IRA Advisory Service earlier today. Despite the confidence of Treasury Secretary Tim Geither, who is well known for his keen political instincts, the Bernanke nomination is far from a done deal.
Star Technical Analyst Charles Nenner Calls Market Top
Submitted by madhedgefundtrader on 01/25/2010 09:04 -0500The SPX is going to plunge 10-20%, Treasury bond interest rates are going to soar (TBT), and gold (GLD) has peaked out. Then brace yourself for the Big One in 2013. (SPX), (TBT), (GLD), (FXA), (UNG), (WHEAT), (CORN), (SOYBEANS)
Is Paul Volcker the Father of "Too Big To Fail?"
Submitted by rc whalen on 01/25/2010 07:26 -0500The difference between the world when Volcker was Fed chairman and today is the end of Glass Steagall. Instead of bailing out simple lenders, the Fed now faces the task of managing and saving giant securities and securitization platforms that are too big to manage in a rational fashion. Don't fool yourself into thinking that JPM chief Jamie Dimon or any CEO of a TBTF bank has the slightest idea what is really happening within their enterprise.
