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The right's new public enemy number 1
By tovarichpeter in South San Francisco CA 94080   3 comments, latest 7 minutes ago:
Reality says He is a Marxist operating in the exact same way as Karl Marx did a century and half ago: getting high and getting pussies through his good looks while peddling his nonsense philosophy...

Simpson Bowles - Paradise Lost
By tovarichpeter in South San Francisco CA 94080   posted 1 hour ago:
http://www.cepr.net/index.php/ As many have noted, the Very Serious People in Washington have a peculiar love affair with the Bowles-Simpson commission, or more accurately the report produced by the two co-chairs of the commission. (The report...

Middle class actually doing much worse than NYT says
By tovarichpeter in South San Francisco CA 94080   posted 1 hour ago:
http://www.cepr.net/index.php/ Upshot section that showed the trends in after-tax per capita income at each decile cutoff in the United States, alongside the trends in several other wealthy countries. It showed that the United States was...

Why non-patented drugs are often ignored
By tovarichpeter in South San Francisco CA 94080   posted 2 hours ago:
http://www.cepr.net/index.php/ In principle we might think that researchers should be examining the most promising options for treating disease. But the patent system only provides incentives to pursue treatments that are expected to lead to a...

Prolonged housing slump?
By tovarichpeter in South San Francisco CA 94080   posted 2 hours ago:
http://news.yahoo.com/home-sal Reuters) - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last...

House prices down third month in a row
By tovarichpeter in South San Francisco CA 94080   5 comments, latest 5 hours ago:
HEY YOU says "House prices down" but everyone has the right to overpay.

New house prices rise, sales plunge 14%
By tovarichpeter in South San Francisco CA 94080   1 comment, latest 8 hours ago:
APOCALYPSEFUCKisShostikovitch says When one house in West LA costs 10x the GDP of Norway, you don't need to flip as many of them to make a decent buck.

Momentum dissipating in the housing market
By Patrick in Menlo Park CA 94025   1 comment, latest 19 hours ago:
bubblesitter says Anyone who thinks this momentum will keep going and going needs to have his/her brain checked out by a neurologist.

Remember the renters rebate
By tovarichpeter in South San Francisco CA 94080   2 comments, latest 19 hours ago:
bubblesitter says That $347.50 per senior will go a long way to pay the big fat retirement to state workers who don't know what they are doing to earn a pay check.

Billionaire Liquidates All Real Estate Ahead of Expected Crash
By Bubbabear in Menlo Park CA 94025   4 comments, latest 20 hours ago:
JH says Heraclitusstudent says Strategist says Mr.Li Ka-Shing, or should I say Ka-Ching Li Cashing! First time I read his name I thought it was a joke. Kind of like this one: I wouldn't bet...

The Potential Bubble the Federal Reserve Cares Most About
By Patrick in Menlo Park CA 94025   posted 20 hours ago:
http://fivethirtyeight.com/fea In the aftermath of the 2008 financial crisis, economists debated whether the Federal Reserve should be involved — at all — in pricking bubbles. The housing bubble, and subsequent financial crisis, had ledto a...

U.S. middle class richest no more
By tovarichpeter in South San Francisco CA 94080   9 comments, latest 21 hours ago:
JH says But they have to endure socialism. How do they live with themselves???????????? Mitt, John, George, Bob, George, and Ronald all told me that socialism would RUIN America!! (That's as far back as I...

It's Not A Bubble Until It's Officially Denied, New Zealand Edition
By Patrick in Menlo Park CA 94025   posted 21 hours ago:
http://www.forbes.com/sites/je Reasons Why New Zealands Economic Bubble Will End In Disaster in which I summarized my research on the Pacific islands growing property and credit bubble. In just a few days, this article went viral...

New Zealand's Bubble Is Vulnerable
By Patrick in Menlo Park CA 94025   posted 21 hours ago:
http://www.scoop.co.nz/stories It didnt take too long for the politicians to react, with Acting Finance Minister Steven Joyce downplaying it, unhelpfully personally attacking Mr Colombo, with Labours David Cunliffe and David Parker largely agreeing with Mr...

Affordable housing week
By tovarichpeter in South San Francisco CA 94080   posted 23 hours ago:
http://www.hlcsmc.org/ahw-2014 Join us for the first of two Housing Resource Fairs offered during the week! Programs, services, and products for first-time homebuyers, renters, homeowners, and seniors will be offered through a variety of exhibitors and...

Achieving equality in a post-Piketty world
By tovarichpeter in South San Francisco CA 94080   1 comment, latest 1 day ago:
errc says The pharmaceutical industry also benefits from enormous rents through government granted patent monopolies. We spend more than $380 billion (2.2 percent of GDP) a year on drugs. We would spend 10 to 20...

17 years lost to war on drugs
By tovarichpeter in South San Francisco CA 94080   9 comments, latest 1 day ago:
jazz music says errc says Why is it so impossible for your ilk to ever I'll shorten my comment: " ... worked at the prison call center, sometimes for 16-hour shifts. We got paid less...

Clear bubble danger in Southern California
By Patrick in Menlo Park CA 94025   6 comments, latest 1 day ago:
smaulgld says Not to worry Zillow says homes are rising but still affordable except in just a few cities https://homes.yahoo.com/news/p

What the 1% doesn't want you to know
By tovarichpeter in South San Francisco CA 94080   11 comments, latest 1 day ago:
Zak says "So then you support comprehensive immigration reform, which would make it far easier for higher wage workers to come here?" IF comprehensive immigration reform includes elimination of corporate subsidies and putting import tariffs...

"Trailer trash " win $111 million
By tovarichpeter in South San Francisco CA 94080   8 comments, latest 1 day ago:
Ceffer says I doubt this total payout will pass appeals. The liquor stores will have to wait.

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