Archive - Blog entry

This is a reposting of part on of an article I published on my blog in October of 2007, over two years ago. Enjoy!

The land recession, as foretold over two years ago, the Reggie Middleton CRE short list - round two, and the macro argument behind why most pundits are actually still too optimistic regarding CRE

When Obama sets foot in China for the first time, he will confront a dramatically altered balance of power between China and the United States. This seismic shift is driven by China's astonishing economic growth over the past two decades and has accelerated during the global financial crisis. Its 9% to 10% annualized GDP growth rate in the past two and a half decades is unprecedented in world history.

Anyone advocating for war to help our economy is mistaken.

Everything you ever wanted to know about the credit rating industry but were afraid to find out.

While not there yet, the indicators are heading in the direction that one would expect to see at a market top.

The Pension Benefit Guaranty Corporation on Friday said its potential exposure to future pension losses had increased to about $168 billion in fiscal 2009. The PBGC's ongoing deficits will require another massive bailout down the road. That's why Uncle Ben will let this bubble blow for as long as he possibly can.

→ Washington's Blog.

The war hawks claim that getting us into some more wars will pull us out of the economic crisis.

But several studies show that more jobs would be created by other types of spending.

Simon Johnson says Bernanke is killing the dollar to help bail out the too big to fails ...

Senator Dorgan calls it like he sees it ...

HUD's Shaun Donovan delivered a report to Congress. Some of the information provided does not jive with the default performance of some Ginnie Mae portfolios. A representative portfolio from 2008 is suffering defaults of 27%. Exactly the same as the sub prime loans.

No bailout for FHA? Don't count on it.

I just received this email and thought my readers may find this of interest. DDR is the company that was featured in the "bailout" post (Here's a Big Company Bailout by the Taxpayer That Even the Taxpayer's Missed!), a must read if you haven't done so already.

Friedrich von Hayek might have thought so. Hayek worried that during times of crisis the government would assume so much control that it would eventually have a negative impact on the economy and eventually turn all the people into serfs. My hope it that through sites like Zero Hedge we can help wake people up and avoid such an undesirable fate.