the new america

This is what people are meditating on these days.

I find it sort of inspiring.

Downsizing ~The Portable House~

Funky and Tiny Houses, Campers, Houseboats in Matlacha Florida

Tiny home on wheels: an illegally small home

NEED TO KNOW | Living large: A look inside the tiny house movement | PBS

how to save $1000's on your micro house project

no bills. off grid.

or if you want to go real small, but truly mobile...

oh shit oh shit oh shit

As National "leaders" sit on their thumbs, bicker amongst themselves and generally do all they can to be as anti-productive as possible, failing on the Public Policy front... Central banks step in and put another thin bandage on our global economy's big sucking chest wound.

Money, ALL YOOOOOO WANT!

Meanwhile, in a huge move reminiscent of the worst days of the financial crisis, the biggest central banks in the world — the ECB, the Fed, the the Bank of England, the Bank of Japan and the Swiss National Bank — have announced a massive coordinate injection of unlimited three-month liquidity, designed “to offer banks as many dollars as they needed”.

C'mon Greece. Default already. The backstops are in place for it.

Next crisis comin' at ya'.
Plenty more shoes to drop; plenty more pain.

Oil-pocalypse Now!

97 dollars a barrel

Gas will crest 4 bucks soon

bahhhhhhhhhhhhhhhhhhhhh. That'll sink a potential recovery in nothing flat.

where in the f*ck are we all going?

the ever-falling sky

John Taylor says "The U.S. economy is headed for a new recession"

but doesn't that statement assume we already EXITED the current one?

American Nightmare

http://blogs.reuters.com/great-debate/2010/09/24/obama-and-the-american-dream-in-reverse/

Less is more.

Learn to live with "more".

DC follies

When Main Street needed stimulus, they gave the money to Wall Street.

When we needed financial reform (smackdown punishment), they (sloowwwwwwly) brought us Health Care "reform".

We need a Jobs Bill / SBA loan guarantees, but they give us Finance Industry "reform".

Soooooo... when something to stimulate business and jobs finally rolls around, how deep into the new Great Depression quagmire will we be?

Hope, Change = Bad timing, Making it worse.

Collapse-a-mundo!!!!

What would Fonzie say?



Seriously. Watching the ticker this week is better than the World Cup.

It's not even 11am fer chrisssakes.

exciting

double dip in housing?

Does all this Doom and Gloom news just evil self-fulfilling prophecy?

...or simple observations that help us in preparing for collapse?

yes and yes.

ouch, why does my anus hurt?

Krugman: The 3rd Depression

Krugman:

"We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense.

And this third depression will be primarily a failure of policy. "

http://www.nytimes.com/2010/06/28/opinion/28krugman.html

"de-incentivizing" growth...

...the Obama Formula

Trillions for Defense, trillions for entitlements - stratospheric spending. What's gonna happen?

Budget is broken, sez Bill Clinton

"...you can't get milk out of a turnip."

Slick Willie advocates large scale SBA loan guarantees to free up the 1.5 trillion the banks are currently hoarding to gain a million jobs in 6 months time.

Housing recovery as elusive as Jesus and Waldo

as in: not any time soon, Chuckles.

These are Dark Days, people.

home prices

When Shiller speaks... usually no one wants to listen.

just wish him into the corn field and everything will be alright.



Best case scenario:
"starting in 2011, going up at 2 to 3 percent a year"

Worst case scenario:
"when that (bubble) burst, home prices fell in Japan from 1991 to 2006.... 15 years of decline"

do ya feel lucky punk? well do ya?

People who claim to know shit say the chance of a double dip recession has sunk to 20%. Some same the chances have increased.

Everyone predicts slow growth at best.

Obviously, no one knows for sure about anything.

But the consensus ranges from semi-crappy to horribly crappy.

months of right-sizing, still no takers

151 23rd Street in "Greenwood Heights" Brooklyn.

$595K down to $399K

Who do you gotta blow to get this market re-started?

food, oil... way up

Hungry?

Want to go places? do stuff?

Expect to pay more. remember the 70s... 80s? Yeah, like that.

Petrochem increases are at the danger threshold. Vegetables up 56% from a year ago... fruits up 29%.

See, the government tracks this stuff: http://www.bls.gov/news.release/ppi.htm

Does anyone in D.C. bother to read this stuff?

feed the bear

which way are home prices going?

Doom on you, home buyer

10 charts to scare the piss out of you prospective home buyers.

The Future

Mismanaged health care, rising costs.

Further housing market shocks and after shocks.

Employment stagnation.

Extended retail slump.

Double dip.

Civil War.

Revolution / Race War.

More Civil War.

Triple dip.

Eating of babies.

Trolling the Wasteland in search of petrol and dog food cans.