October 2009

You judge for yourself: is Jon Stewart right to skewer Fox? Before you decide, listen to the last minute of the segment.

White House Will Not Be Told By The AP How Many Jobs The Stimulus Has Created - Dealbreaker Funny. Industrial output up 1.4% last month | The Japan Times Online More bullish data in Japan. What Exactly Is Going On…

Josh Rosner, a Managing Director at Graham Fisher & Company, an independent research for institutional investors in financial service assets, has some pretty strong words for the reform legislation proposed by the Obama Administration…

Yesterday, Moody’s cut the outlook for the sovereign debt of Portugal and put Greece on negative watch for a downgrade, signaling growing concern over spiraling debts. Just as with Spain and Ireland which I discussed yesterday, Portugal and…

The data released this morning by the U.S. Department of Commerce’s Bureau of Economic Analysis on personal income somehow managed to show weakness in income and consumption as well as savings.  I see this as proof that Americans are…

The Nationwide monthly index of house prices came in this morning showing a 0.4% bump in October from September. While this was less than last month’s 0.9% rise, it was the sixth consecutive month of price increases and it marked the first…

This is a guest post from our newest contributor, Charles D. Bull. Greetings Writedowners, Ed has gone to bed already. This is Charles D. Bull speaking. You know, my wife told me yesterday that the local shopping area already has the…

Robert Johnson, director of the Economic Policy Initiative of the Roosevelt Institute, has been extremely critical of the US Government’s handling of matters related to financial services. This past October 7, he gave testimony at the…

When it comes to the housing meltdowns in the richest economies, the US has been matched only by Spain, Ireland and the UK. All four countries have seen spectacular losses of wealth in the housing sector over the last two years. The…

Finance and politics New Name Floated In Geithner Replacement Talks - Dealbreaker What up, bankster? Sorry, I know I said I wouldn’t be using that word but it’s in context and I had to say it. This will be the new Treasury lyrical…