Posts Tagged ‘unemployment forecasts’

Economy Recovering? No, it’s not. Housing? NO. Unemployment? NO. Stock Market? NO.

Written on 27 Feb, 2012 at 15:18

So... housing is not, not, not at bottom, "“ check. Unemployment not improving "“ check. And does the stock market at 13,000 mean something to the economy? Nothing good "“ check.You might want to bookmark this page, so... (Continue reading)

Bank sues itself, wins, and then forces itself into bankruptcy to satisfy judgment

Written on 27 Feb, 2012 at 13:54

So, why did I write this? Because it makes just as much sense as everything else that's going on in this country, and at least it made me smile. ... (Continue reading)

Tagged with: bailouts bank of america banking lobby bond market citibank credit crisis credit default swaps diana olick double dip economic recovery Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs Greece bond defaults HAMP housing market housing price decline jpmorgan chase Labor Force Participation Rate loan modification loan modifications M1 money supply Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode money multiplier mortgage crisis mortgage defaults Mortgage modification mortgage refinancing obama administration one west bank phoenix housing prices president obama recession REST Report securitization TARP Treasury Secretary Tim Geithner trial modifications unemployment forecasts unemployment rate velocity of money wall street bankers warren buffett wells fargo bank will greece leave the EU

Public sector shedding 35k jobs a month — Republicans block bill to prevent further losses

Written on 25 Oct, 2011 at 8:03

State budgets have to be suffering from reduced income and sales taxes, don't they? Higher unemployment obviously means fewer people working and those that are still working... are making less money, so it stands to reason that income tax... (Continue reading)

Tagged with: are we recovering bailouts bank of america banking lobby cause of foreclosure crisis chris edwards of Cato Institute Chris Edwards of the Cato Institute consumer spending decline diana olick double dip economic forecasts economic recovery economy elizabeth warren Fannie Mae Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Goldman Sachs government jobs lost HAMP home price decline jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman matters martin andelman National Association of State Budget Officers Obamaâ€™s $447 billion jobs bill people earning $1 million or more increased by 20% public sector sheds 35000 jobs a month Republican controlled congres republicans kill bill in senate rob shapiro former undersecretary of commerce state budget cuts super-committee the great recession the tea party wants smaller government unemployment unemployment forecasts unemployment rate wall street bankers wells fargo bank

WSJ Surveys Economists… US Incomes Won’t Make Up Lost Ground Before 2021

Written on 16 Oct, 2011 at 19:29

Yesterday, for the first time since the recession began, the Wall Street Journal survey of 50 economists now say that incomes in this country have been falling since 2000 and they don't expect us to make up the lost ground... (Continue reading)