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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (227642)11/6/2009 8:33:19 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
It would have been much worse if all the taxpayer money for the stimulus hadn't been used by the states to keep their bloated employee counts.



To: saveslivesbyday who wrote (227642)11/6/2009 8:35:47 AM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
Yes, and a huge revision down in the non-farm payroll for September, from 219,000>>>>263,000. None of this is a surprise, we've been predicting double digit unemployment for a couple years. But it will be a wake up call for Wall St. Could that rally yesterday have been more delusional?



To: saveslivesbyday who wrote (227642)11/6/2009 8:50:00 AM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
scary thing is this is the 'best' massaged number .gov could come up with...U6 is l7.5

the second wave of unemployment is coming from small biz and they've gotten ZERO help from either fiscal or monetary policy

black shoots