Jul 9 2009
Housing and Banking Deception: 23,000 to 28,000 Foreclosed Homes kept off the MLS or Public View in California each Month.
The math in California housing simply does not add up. Given the amount of sales and monthly foreclosures over the past few months, it would appear that banks are sitting back while a gigantic backlog of foreclosures grows. A few in the media are calling attention to this obvious fraud but not many. The California [...]
Jul 7 2009
The Second Derivative: Employment and the Mounting Job Losses. Measuring the Velocity of Job Cuts in the Current Recession.
In addressing the unemployment situation it is important to look at the velocity of job losses. In January of 2009 we had a stunning 741,000 jobs lost in one month. This by far was the biggest one month cut during the current recession but it wasn’t the biggest one month change. The worst month came [...]
