U.S. Depression Double Dipping and more Stimulus

June 27, 2010 in Depression | Comments (25)

Tags: , , , , , , , , , , , , , , , , , , , , ,

http://inflation.us

Economy

http://www.businessinsider.com/deutsche-bank-financial-conditions-just-dropped-back-to-crisis-levels-2010-6

BofA hires to handle defaults
http://www.bloomberg.com/news/2010-06-23/bank-of-america-hires-2-000-staff-to-handling-troubled-real-estate-loans.html Recovery right?

46 Governments facing Greek-Style Deficits

http://www.bloomberg.com/news/2010-06-25/states-of-crisis-widen-as-46-governments-in-u-s-face-greek-style-deficits.html

New Home Sales Contracts hit an all time low

http://www.census.gov/const/newressales.pdf

double dip
http://www.telegraph.co.uk/finance/economics/7852945/Ben-Bernanke-needs-fresh-monetary-blitz-as-US-recovery-falters.html

Duration : 0:4:41


[youtube utTA2P0eR1Q]


25 Responses to “U.S. Depression Double Dipping and more Stimulus”

RSS feed for comments on this post. TrackBack URL

  1. Comment by chena3 — June 27, 2010 at 6:40 pm  

    THE WINDS OF WAR

    THE WINDS OF WAR
    USO [ oil ] up 3.69 % friday

    is there an oil supply problem in the future..
    take care guys …

  2. Comment by azezel2311 — June 27, 2010 at 6:40 pm  

    @EMPIREofPUPPETS …
    @EMPIREofPUPPETS The inheritors of a number of the banking cartels don’t care about ruling their empires. They care about enjoying the wealth they have accumulated. Watch david rothschild at zeitgeist 2007 on google video. That is part of the problem. He doesn’t care enough about his empire to understand the sciences that are necessary to govern it effectively. He needs a good administrator to sort those issues out if those like him are to retain their thrones for their children.

  3. Comment by chena3 — June 27, 2010 at 6:40 pm  

    USD/NOK

    bigger …
    USD/NOK

    bigger bags of donkey chow

  4. Comment by EMPIREofPUPPETS — June 27, 2010 at 6:40 pm  

    @azezel2311

    Ahhh …
    @azezel2311

    Ahhh but you make the mistake of assuming they operate under the basis of logic.

    If they’re psychotic, logic and common sense won’t apply to their actions.

  5. Comment by azezel2311 — June 27, 2010 at 6:40 pm  

    @EMPIREofPUPPETS it …
    @EMPIREofPUPPETS it might be better for the zionists to see the dismantling of their occupational government now that liabilities have run beyond possible rewards. After all they are vampires and consider daybreakers.

  6. Comment by 407buddy — June 27, 2010 at 6:40 pm  

    People can’t earn a …
    People can’t earn a living wage then you can’t expect them to afford to buy a home or car,..duh..!

  7. Comment by socalsir — June 27, 2010 at 6:40 pm  

    The wealthy will …
    The wealthy will not be effected much. The poor had little to lose. It’s the middle class that is getting wiped out. More than 35 million Americans go hungry daily. There are 25 million Americans unable to find a job. The government allows one million foreigners to permanently immigrate legally. Another million immigrate illegally. The government imports another 1.5 million foreign workers under various visa programs. What’s wrong with this picture?

  8. Comment by EMPIREofPUPPETS — June 27, 2010 at 6:40 pm  

    The Zionist banking …
    The Zionist banking system does as it pleases.

    Our politicians are merely their towel boys.

  9. Comment by amcanmike — June 27, 2010 at 6:40 pm  

    WE WILL SEE WHAT …
    WE WILL SEE WHAT HAPPENS , BUT WERE ALL STILL BUYING TRUCKS ,CARS TRAVEL , ALL GOOD

  10. Comment by orangedac — June 27, 2010 at 6:40 pm  

    @Perceiving


    @Perceiving

    lookup the video on youtube entitled “Barney Frank what housing bubble”

    his idiotic ramblings from 2006 at the height of the housing bubble pushing for more irresponsible lending. why is anyone even listening to this moron.

  11. Comment by Boomer1949 — June 27, 2010 at 6:40 pm  

    There is no doubt …
    There is no doubt that the housing economy will not return to the “flip that house” hay days, who in their right mind would want that anyway. Let the housing sector reset to the standards pre hooks and crooks. Let the prices fall back to a more sensible price, in line with income levels. So, you won’t have a Home Depot on every corner, so what? A new market will emerge and people will fill the opportunities. A house is a home, not an investment.

  12. Comment by Puzzoozoo — June 27, 2010 at 6:40 pm  

    @wonton00 Yes a …
    @wonton00 Yes a dollar bill is just a piece of paper with green ink on it, a diamond is a piece of crystalied carbon, and so what if gold did go to to $300 an oz, it was still worth $300, where as the dollar bill can go down to $0. Gold stock is just a piece of paper saying you own the gold, if I were you I’d settle for nothing less then the physical metal in your possession.

  13. Comment by Perceiving — June 27, 2010 at 6:40 pm  

    @Cyrus992

    Yes I …
    @Cyrus992

    Yes I know, but the local papers in his district are his biggest cheerleaders. So those trying to get informed by reading the news are just getting political disinformation.

  14. Comment by MyPasswordIsUserName — June 27, 2010 at 6:40 pm  

    @Cyrus992 Barney …
    @Cyrus992 Barney Frank caused this

    Do you know you are stupid?

  15. Comment by nasanction — June 27, 2010 at 6:40 pm  

    I can see the …
    I can see the inflation rising in the stores. It’s about to start getting bad…

  16. Comment by pulsescan72 — June 27, 2010 at 6:40 pm  

    they don’t want to …
    they don’t want to fix it. The collapse has already happened. They will continue to prop up the market until the very end.

  17. Comment by Dean0000007 — June 27, 2010 at 6:40 pm  

    @PissedFechtmeister …
    @PissedFechtmeister

    Unfortunately most people only research recessions and depressions in the 20th century and not the crisis’ of the 19th centuries in terms of the economy.

    If people do their research and quit relying on corporate (fascist) news they would discover some disturbing inequities in previous centuries.

    Remember that alot of wealth was gain by the US under slavery during these periods which would distort any measure of modern day measure of what a healthy economy is.

  18. Comment by PissedFechtmeister — June 27, 2010 at 6:40 pm  

    @Dean0000007 We …
    @Dean0000007 We didn’t have free market capitalism under GW Bush or Clinton. We had state capitalism (i.e. fascism). Indeed, we’ve had a fascist government since 1913 (even longer really, but Theodore Roosevelt was probably the last president to fight against it). FDR’s socialist policies delayed the US recovery from the Great Depression by over a decade.

  19. Comment by Dean0000007 — June 27, 2010 at 6:40 pm  

    @PissedFechtmeister …
    @PissedFechtmeister

    I didn’t say equalization, just that a further imbalance isn’t sustainable and would take the country back to feudal times.

    Free market capitalism (which is as extreme as communism) doesn’t work. This has been proven in the 20′s and again in the GW Bush and Clinton era.

    Socialism isn’t perfect but is far better than the fascism we see now. The country thrived under Roosevelt’s socialist policies, the middle class grew and provided more capital for small business.

  20. Comment by lilidk6150 — June 27, 2010 at 6:40 pm  

    they like us to …
    they like us to sell , so they can buy chipper

  21. Comment by samsterlok — June 27, 2010 at 6:40 pm  

    Thanks for the …
    Thanks for the update VV, keep up the good work brother! You think next fall will be a good time to buy real estate??

  22. Comment by kprice333 — June 27, 2010 at 6:40 pm  

    if one believes …
    if one believes more stimulus is coming then get the in the market and grab yourself some gains. take advantage of the stimulus and then get the back out of the market. dont get greedy or overly optimistic.

  23. Comment by judutchinski — June 27, 2010 at 6:40 pm  

    teabaggial dippage
    teabaggial dippage

  24. Comment by Cyrus992 — June 27, 2010 at 6:40 pm  

    @Perceiving Barney …
    @Perceiving Barney Frank is ONE OF THE MOST irresponsible people who caused and IS CAUSING this mess… He should be sentenced to death..!!!

  25. Comment by MKUltra3 — June 27, 2010 at 6:40 pm  

    Are the Toronto G20 …
    Are the Toronto G20 protests on TV much? I don’t watch, but have been watching on youTube. It is reassuring people are now awake to the manipulation of their economies. I believe we are watching a corrupt system reaching the limits of its control. We’re just riding out the fumes, as a new aeon of transparent, healthy, global balancing is about to take place. Seriously, does anybody under the age of seventy believe what they are told by television media?

Leave a Reply