Once again, it's time to go to "Some Assembly Required" for your daily moment of "happy, happy, joy, joy" (or something like that). Here's a sampling -- don't forget, use link to get to original, then use his links to get to THE original (ain't computers grand?):
Book Club: Representative Paul Ryan (R-WI) makes his staffers read Atlas Shrugged and write a 10-page essay on which character Ryan most resembles.
Housing Development: Home price plunge is widespread as a double dip that Is Now Accelerating , Will Drop House Prices Another 20% and The Economy Is Screwed as things are Starting To Look Exactly Like 2006-2009 as Home foreclosures jump in 3rd quarter. Not all agree, some claim Houses Are Now A Screaming Buy.
Fill in the Blank: The White House announced it plans to push ________ legislation. The GOP immediately vowed to oppose it. (1) Job creation. (2) Climate Change. (3) Health Care (4) Whatever.
Not Applicable: Why is it that every time commodity prices rise it is the result of either speculative manipulation or the Fed inflating the money supply. Why can't it just once in a while be simply a matter of all those damned Chinese and Indians wanting to live like civilized people? Maybe somebody, outside the US, is doing better than the Wall Street dominated economy and is demanding more resources than are currently in the supply chain?
You Have to Ask? “Is This As Bad as the Great Depression?” Probably. Most assuredly the government has done more and spent more than during the Depression – and to less effect.
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There, doesn't that make you feel better?
So, this very poor Russian serf has a friend who is a little better off than he is. Over time the friend manages to save enough to get a cow -- something our serf will never be able to do. So, he prays to God for relief. God responds and asks, "What would you like me to do" -- the serf responds -- "Kill the cow!" -- this is in a chapter titled "The Politics of Rage", in the book "After Shock" by Robert Reich.
It pretty much describes both the "Tea Party" and the republican party today. That's one reason we seem to be continuing down the tubes, with an economy that is beginning to circle the drain (except for the rich).
The politics of rage!
Why not a progressive "tea party" style movement? ------- oh! That's right, we don't have any progressive billionaires that want to destroy their wealth when the NECESSARY redistribution occurs. Any movement we have will HAVE TO BE a TRUE grassroots movement.
With a fat, distracted, populace -- good luck with that.
Wednesday: GDP, Unemployment Claims, Durable Goods, Personal Income &
Outlays, Pending Home Sales
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Wednesday:
• At 7:00 AM ET, The Mortgage Banker...
3 hours ago
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