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by Jeff Davis The liberal media keeps claiming every day that the economy is recovering. Meanwhile, the official unemployment percentage is about 10 percent while the real percentage of unemployed is more like a Depression level 15 to 20 percent. Some pundits have suggested that we are having a “jobless recovery” which basically means we’ll be stuck in this condition for the foreseeable future. The last time this happened it was called “The Great Depression.” Add to this the fact that foreclosur

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Random Feed wrote an interesting post today on
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The U.S. Treasury Department estimates that in the next 36 months as many as 7 to 9 million American homeowners may face losing their homes through foreclosure. To provide help, the government created the Making Home Affordable (MHA) Program to offer loan modifications and other foreclosure alternatives to homeowners with valid hardships. Many pundits complain that the program is off to a slow start. “America’s million-plus REALTORS® are the missing piece to ensure the program’s success,” says

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Random Feed wrote an interesting post today on
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The snow of twenty-nine wasn’t real snow. If you didn’t want it to be snow, you just paid some money. -F. Scott Fitzgerald The gospel of infinite prosperity is back in full bloom. Echoing from the television talking heads and radio pundits preach that the economy is on the mend because we have spent our way into prosperity. This recovery, as we are led to believe, is occurring even though jobs are being lost at the rate of 2.4 million a year and this is somehow good (or less bad

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Random Feed wrote an interesting post today on
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Stock markets, in general, again logged gains last week as pundits perceived economic data to be better than expected. But the recovery path is not home and dry yet, as shown by declines in crude oil, a number of emerging stock market indices, small cap indices and high-yield corporate bonds. All said, risky assets displayed some fatigue despite positive economic reports. Caution remained over the robustness of any economic upswing, as reflected by the solid performance of government bonds, wi

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Random Feed wrote an interesting post today on
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Words from the (investment) wise for the week that was (August 24 – 30, 2009) Stock markets, in general, again logged gains last week as pundits perceived economic data to be better than expected. But the recovery path is not home and dry yet, as shown by declines in crude oil, a number of emerging stock market indices, small cap indices and high-yield corporate bonds. All said, risky assets displayed some fatigue despite positive economic reports. Caution remained over the robustness of an

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