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    Economics / banking, commercial real estate, home prices, real estate /

    Real Estate Double Whammy

    February 23, 2010

    To add to today’s gloom is the Case-Schiller report on home prices, which fell in 0.2% December. While that decline is much smaller than those of the months back in the depth of the crisis, it represents a give-back of the strengthening we had seen at the end of last summer. It confirms the thought […]

    Economics / consumer confidence, consumption, recovery, wages /

    Sentiment Turns Ugly

    February 23, 2010

    There is no way to spin today’s consumer confidence report and make it glow. It is flat out rotten. Just a month after turning up nicely and leading us all to believe consumers had started to feel a little better, the bottom fell out. The Conference Board survey usually bounces around with a score in […]

    Economics / deficits, Federal Budget, Medicare, Reagan, social programs, Social Security /

    What Do The GOP Want?

    February 22, 2010

    No sooner do I finish my earlier post than I read Paul Krugman’s take on the Republican position on the budget. I think he nails it. The issue seems simple: having bashed away at government for the best part of three decades the GOP is now reaching the point of no return: the federal deficit […]

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