The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: The Reaper who wrote (26703)	6/23/2011 4:27:39 PM
From: tejek	Read Replies (1) of 119360

Applications for unemployment benefits rose last week by the most in a month. 11th straight week they've been over 400K. Thank you Obama. Obama says you're welcome. Do you even understand how unemployment works during a recovery? At first, it starts to go down when things are improving but then spurts back up because people come back into the labor market. They think that finally they can get a job. A smart guy like you should know that fact. Tj, tell me why you think they are releasing oil out of the SPR? To break the back of oil traders and GS who need to have their butts kicked.......hard.

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