Daily Archives: December 19, 2011

More cause for pause

Two charts worth noting today. One courtesy of John Williams via John Hussman showing the dramatic decline in the hard-to-fudge totals for Federal Withholding Tax deposits over the past six months.  Whereas payroll earnings numbers have improved over the past … Continue reading

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Repulsive, but sadly accurate

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60 Minutes on cleaning up abandoned homes

Here is one way to clear out the excess housing supply. Across America, recession-fueled foreclosures and plummeting home values have left countless properties abandoned and vulnerable to looting. As Scott Pelley reports, the problem has gotten so bad in Cleveland, … Continue reading

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