so, a 33% error, or differential, does not move the needle.  $300 billion is now "trivial"--what a jerk!!

so the fastest pace in 2 years is about half of what economists say is healthy--that sounds like pretty bad news to me.   The inventory numbers are BS--the shadow inventory(bank owned or in default) is more than 2 times the MLS inventory in many markets--so the folks that want you to buy are, as usual, drinking the Koo...more

wait until the bank issues come here--our banks have not "marked to market" any of the bad loans they made in housing(and commercial real estate).  It is bad journalism to use the word"climbed" when they mention home sales reaching an annual rate of 350,000--what a joke. As an aside, the CEO of Apple was given compens...more

what you don't hear is that the same corporations that have all this "cash" on hand actually have increased their overall debt by much more over the same period...so more of the usual mis-reporting of the real story.

a total joke.  Computerized trading is the whole cause for this jump.  Wall Street is the only asset left for Americans to invest in, but invest is way to kind of a word.  Housing will not go anywhere, with 10 million still vacant homes, 5 million is default, adn 3 million FHA loans in trouble.  Why, I ask, are interes...more

1,000,000 of these new loans are already in default!!

Here is some food for thought, regarding employment.  Comes from USA Today(Dec.'09).The average Government employee makes(not earns) $71,200 a Year!! (before benefits!!) .20% of ALL gov't employees earn $100K--this is up from 14% 2 years ago.  The average real worker in the US earns $40,000/yr.  Government is the faste...more

Where are the rating agencies in all this?  Moody's, S&P etc. all rated the bonds AAA, even those with subprime loans in the bonds. Some of the former CEO's are worth $500M to $1B PERSONALLY, and totally encouraged risk and leverage of more than 30 to 1.  There should be clawbacks on them and lots of other manager/exe...more

60K people per day=900K/mo.=10.8M per yr=130M in 10 years--your arithmetic is off.