news from 25Oct12, some comics

Full of it.

David Dayen on real estate's  'Enduring Trauma'

Do the Hustle! This news and the author's analysis is more important than the Benghazi flap, for example, in the big scheme. Because, if americans had assets - like real estate of value - and credit, we the people, as a world-leading consumer market, could pull the world out of this global recession. But we can't if it takes the housing industry another 4-5 years to come out of this hole. Which is more and more likely as Banks get to make these big omnibus settlements - and don't learn from or are regulated out of making and running their fraud schemes or 'mistakes'. Links to pdf's of the lawsuit against BoA included!

Part of Why this is a bigger problem for the individual economies of most people in the US. "OY! The Neighbors!"

It would be nice to be able to depend on even a meager socsec income as an old person.

Seems the wealthiest have a way to deprive us of that for their profit and it may happen before the end of the year. Wouldn't that be nice for them?

But most people want to see a good zing instead?

Even if the end is near?

Really impressed with this guy