May 12, 2009
Alan Greenspan caused the market to reverse its downward trend today when he was speaking to the National Association of Realtors (NAR) when he said that housing was stabilizing.
Oh joy, the man who caused the bubble and didn’t see a bubble forming is calling for a bottom. During the speech, he reiterated that he did [...]
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April 4, 2009
With all the news of the bailouts, the Fed printing money, and the current budget process, the news released by the Social Security Trustees must have been overshadowed. For the past few years, the trustees have made it known that the future, unfunded liabilities for Medicare and Social Security were $67,000,000,000,000. As an aside, I [...]
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