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Home values are falling at an accelerating rate in many cities across the U.S.
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CNN is even less popular in Egypt than at home.
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Big brother keeps getting bigger.
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How disappointed will Republicans be to hear Barack Obama’s veto threat on bills moving through Congress to rein in the EPA? Not very. It isn’t the first time the White House has issued the threat, but with one of the bills coming from his own side of the aisle, it’s starting to sound more like a plea to keep from being put in that position:
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The trouble with Egypt
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Unless you have spent time talking with Las Vegas residents, you can't fully appreciate how common and accepted strategic default is in that town.
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Can't say I feel sorry for them.
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The U.S. consumer may be on the mend as we head further into 2011, but the same story of resurgence does not apply to many of the U.S. big-box retailers.

From Wal-Mart to Sears to Target to Best Buy, if you look at what is happening in the retail space, "it looks pretty scary," says retail expert Howard Davidowitz.
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The Muslim Brotherhood: on a roll
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The latest cause that seems to be gaining traction around North Bay is the need (known in more practical times as a want) for a dog park. Advertisements in The Nugget, presentations to Council, lobbying of politicians. The machinery of interest group politics is grinding into gear in an effort to build a dog park in the core of the city and stick taxpayers with the bill.
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So do I understand this correctly? The US Government has printed almost £200bn in the last year to maintain theere own Government finances and now the EU is demanding the US chip in £8bn to help out even though there not in the Eurozone?

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The banks in Europe stop lending to each other the last time this happened we had the Lehman failure.
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Unable to effectively manage your own country? Why not run the world!
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I wonder if they would dare to mock a visiting Imam like this? Well I don't really wonder.
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Housing has been going sideways for seven months now, mainly due to lax lending standards (at FHA), the First time Homebuyers Credit, and the Fed's mortgage-backed securities (MBS) buyback program. But once the props are removed, the market will fall sharply.

So where's the real demand for housing?

Here's a hint: There isn't any.
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Yet more doom
Prechter Stands Alone Again... He's Done the Math
by Neil Beers

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