Jim D

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  • Housing: RTC 2.0 Will Not Fix the Root Problem
    To anyone who thinks that housing will protect them from inflation, just one question: Where's the rise in wages going to come from? You'll need that for housing prices to go up. Wages will have to rise. And that's not happening. Cost of imported goods may double, but wages? Nah.

    So yeah, I agree completely with this article.

    If you haven't called your congressman about the Paulson Bank Bailout, you don't deserve to be called a citizen. Get off your lazy butt and do it.
    Sep 21 11:57 am |Rating: 0 0 |Link to Comment |View article
  • Good Chance for More Negative GDP Readings
    This quarter's chain deflator of 1.1% was so low as to be laughable.

    How can you take these numbers seriously with an inflation figure of 1.1%? In this economy?

    Is there any credibility left for these numbers?

    1.1% inflation this quarter? With a CPI of 7% and a PPI of 14%?

    Puh-leeze.
    Aug 03 02:12 am |Rating: 0 0 |Link to Comment |View article
  • Odds Are, a Recession Is Coming
    What if inflation isn't the 1.1% that the official GDP deflator says it is?

    What if inflation is actually, you know, measured accurately?

    What if it was actually closer to the 7% CPI? Or the 14% PPI?

    What would your GDP numbers look like then?

    Would real GDP be down 15% for the year? 20%?

    Would we have had *any* significant growth since the Shrub came into office?

    Garbage in, garbage out - and the inflation number is pretty much garbage.

    Unless someone would like to defend the 1.1% inflation number.
    Aug 03 02:08 am |Rating: 0 0 |Link to Comment |View article
  • Recession? Not This Year
    It's only 1.9% growth if you believe the 1.1% inflation number.

    Do you beleive that that was the inflation number? Really? Seriously?

    If, instead, the correct inflation number was, say, 2.5% (which is still about half the CPI number), then the growth was .5%. If, instead, the inflation number was 3% (which seems likely) then growth was ZERO.

    PPI was 14%, remember, so 3% would seem to be a lower bound, wouldn't it?

    Sheesh.
    Aug 01 14:22 pm |Rating: 0 0 |Link to Comment |View article
  • Why the Housing Bill Won't Help the Housing Market
    Too many houses in the rustbelt, true. And in New Orleans.

    Also Florida, Nevada, Arizona, California (inland), North Virginia, Atlanta, Austin.

    Not sure where the first commenter was posting from, but this is assuredly not a localized phenomenon.
    Jul 24 17:20 pm |Rating: 0 0 |Link to Comment |View article
  • Think Inflation in the U.S. Is Bad? Listen Up
    So, Vietnam has a 26% inflation, and they're offering 18% interest?

    And that's considered "inflation fighting"? It's not. Not until it's LARGER than the inflation number.
    Jul 01 10:21 am |Rating: 0 0 |Link to Comment |View article
  • Google, IBM, Red Hat, Sun and the Digistan Connection
    If only Seeking Alpha had a way to permanently bury future comments from people who've flipped your bozo filter...
    May 16 10:50 am |Rating: 0 0 |Link to Comment |View article

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