US: Foreclosure filings top 300,000 for sixth straight month. The pain continues.

Bloomberg, September 10, 2009

US: Brand new homes being torn down by bank owners because it’s cheaper than maintaining and paying taxes on them.

US: Corporate insiders dumping their stocks in droves. Can they all be wrong? After all the market is at 30 times earnings as of September 2009.

CNN September 11, 2009

US: Poverty is under reported by nearly 50% due to use of outdated statistics. The present formula, created in 1955, ignores the rising costs of medical care and similar factors.

Yahoo, Posted September 5, 2009

US: Even the Treasury Department admits there are millions more home foreclosures on the way. Yet, they keep talking about the recovery we are having – hoping that repeating it will convince everyone it is true.

MSNBC, September 9, 2009

40% of working – age Californians are unemployed. Start with those receiving unemployment benefits, add those on welfare, plus those no longer looking for work, add those unwilling to work, and the result is ominous.

Sacramento Bee, September 6, 2009

China: Six year old girl dreams of being a corrupt government official. Why? She says it’s because they live better than everyone else. China? No way do I believe it she must come from Cook County, Illinois with the double dipping workers who get double pensions, crooked politicians and unbelievably high property taxes.