Image by La Citta Vita via Flickr Wilbur Ross Sees ‘Huge’ Commercial Real Estate Crash (Update3) By John Gittelsohn and Thomas R. Keene Oct. 30 (Bloomberg) — Billionaire investor Wilbur L. Ross Jr., said today the U.S. is in the beginning of a “huge crash in commercial real estate.” “All of the components of real [...]
Archives for October, 2009
Taxpayers Sacrificed Again
Image via Wikipedia Image by Getty Images via Daylife It is probably hard for the trusting public to believe what is being done to them by their government. Most of us were raised to think that government was “of the people, by the people and for the people.” It was there to help us, not [...]
Who is Smarter, the Media or the Public?
Image via Wikipedia Is there any doubt why the major media audience is dropping like a rock? This headline suggests that 96% of the sample believes they are better informed than reporters. If so, why waste time with newspapers or TV? It is a scary number. I am not sure whether it says more about [...]
Economic Death — Choose Your Poison
Here is an article that speculates why the outcome of our current economic problems will result in deflation as opposed to inflation. I believe that inflation (very high, perhaps hyper) will be the outcome. But, it is not possible at this point to predict, because future actions by government are unknown. There is no debate [...]
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