Monthly Archives: October 2010

Chart of The Day: Residential Investment As A Percentage of GDP

It is interesting to note that RI as a percent of GDP has declined to a post war low of 2.22%. Some people have asked how could a sector that only accounts for 2.2% of GDP be so important? (The lowest level of investment in 63 years.)

http://www.calculatedriskblog.com/2010/10/residential-investment-declines-to-new.html

Yves Smith: How the Banks Put the Economy Underwater

The major banks and their agents have for years taken shortcuts with their mortgage securitization documents — and not due to a momentary lack of attention, but as part of a systematic approach to save money and increase profits.

http://www.nakedcapitalism.com/2010/10/our-new-york-times-op-ed-how-the-banks-put-the-economy-underwater-2.html

Foreclosure-Gate: “A Business Model Based On Fraud”

What we are witnessing is nothing less than the end result of a systematic design to defraud the American people of clear title to all residential property in the United States of America.

http://www.youtube.com/watch?v=bNDn6SYTa7M&feature=player_embedded#!

Why Hyperinflation Is Blackhawk Ben’s End Goal

The Fed is stealthily floating the idea that a surge in oil prices will be for the greater good. The Fed is telegraphing that while it acknowledges that oil is about to jump to over $100, it won’t be as bad as those with a functioning brain dare to.. 

http://www.zerohedge.com/article/fed-trying-force-surge-commodity-prices-and-input-costs-diapason-explains-why-precisely-case