Senator Bernie Sanders: America Is Now A Banana Republic | zero hedge

Senator Bernie Sanders: America Is Now A Banana Republic

The Hindu : News / International : WikiLeaks holding U.S. power to account

WikiLeaks holding U.S. power to account

Case Shiller Confirms House Market Deterioration Accelerates | zero hedge

Case Shiller Confirms House Market Deterioration Accelerates | zero hedge

U.S. Corporate Profits Hit Record in Third Quarter - NYTimes.com

U.S. Corporate Profits Hit Record in Third Quarter - NYTimes.com: "The nation’s workers may be struggling, but American companies just had their best quarter ever."

Las Vegas tunnel people: How 1,000 people live under shimmering strip | Mail Online

Las Vegas tunnel people: How 1,000 people live under shimmering strip

Guest Post: iDepression 2.0 | zero hedge

Guest Post: iDepression 2.0 | zero hedge: "The key disturbing facts are as follows:

* Goods producing jobs as a percentage of all jobs have declined from 31.2% in 1970 to 13.8% today.
* Lawyers, accountants, financial advisors and other paper pushing professions made up 12.4% of jobs in 1970 versus 18.7% of all jobs today.
* Obese Americans love to go out to restaurants and be served. Hospitality employees now make up 10.1% of the workforce versus 6.7% in 1970.
* Obese, vain, stupid Americans have also benefitted the Health Services and Education industries as the number of nurses, proctologists, teachers, school administrators and Beverly Hills TV surgeons has surged from 6.4% of the workforce to 15.1%. You’d think we would be healthier and smarter with these figures. We’re not."

Occidental Petroleum CEO Ray Irani is the poster child for extravagant executive pay - latimes.com

Occidental Petroleum CEO Ray Irani is the poster child for extravagant executive pay - latimes.com: "The executives have been given seven years to hit a target they're on track to reach in 2 1/2 years."

Why Germany Has It So Good -- and Why America Is Going Down the Drain | Economy | AlterNet

Why Germany Has It So Good -- and Why America Is Going Down the Drain

Wall Of Worry Redux: 24 Statistics Confirming America's Decline | zero hedge

Wall Of Worry Redux: 24 Statistics Confirming America's Decline | zero hedge: "Did US economy has officially enter the 'Late Roman Empire' phase of its civilization?"

Banks Ignored Signs of Trouble in Foreclosures - NYTimes.com

Banks Ignored Signs of Trouble in Foreclosures - NYTimes.com

Are WSJ OpEd Writers Clueless or Liars? | The Big Picture

Are WSJ OpEd Writers Clueless or Liars? | The Big Picture. As a man's home sold out from under him in foreclosure mistake - he DID NOT HAVE A MORTGAGE, WSJ OpEd says - "We’re not aware of a single case so far of a substantive error."

Who Owns Congress? A Campaign Cash Seating Chart | Mother Jones

Who Owns Congress? A Campaign Cash Seating Chart | Mother Jones

Gary Shilling: House Prices Will Drop Another 20%

Gary Shilling: House Prices Will Drop Another 20%

Atheists, agnostics most knowledgeable about religion, survey says - latimes.com

Survey says atheists, agnostics most knowledgeable about religion. "If you want to know about God, you might want to talk to an atheist."

Alan Greenspan Admits America Is A Crony Capitalist System | zero hedge

Alan Greenspan Admits America Is A Crony Capitalist System!

Psychological Stages of a RE Bubble Market | The Big Picture

Psychological Stages of a RE Bubble Market

What Makes America Great: Layoffs! | The Big Picture

What Makes America Great: Layoffs! Only in US you get away with this.

Robert Shiller Says Double Dip Imminent | zero hedge

Robert Shiller Says Double Dip Imminent : "He is worried housing prices could decline for another five years".

Bespoke Investment Group - Think BIG - A Final Look at Wednesday's New Home Sales Data

Guess how many homes priced above $750K managed to sell in July. Answer - zero, nada, rien!

Bespoke Investment Group - Think BIG - Housing: The Lost Half Decade

The Lost Half Decade of Housing.

Coming Soon: Bank CEO Perp Walks, Jail Time | The Big Picture

Are bank CEO Perp Walks really going to happen? Barry Ritholtz thinks so.

Poor Mark Hurd: HP severance includes $12.2 million cash, $16 million in stock - BusinessWeek

Poor Mark Hurd: HP severance includes $12.2 million cash, $16 million in stock.
But looks like HP employees are not "saddened" by Hurd's departure from this WSJ deal journal blog. Apparently some "had an office party this Monday at HP HQ’’.

Foreclosures hit record: U.S. foreclosures jump in second quarter to record high - latimes.com

Foreclosures hit record: U.S. foreclosures jump in second quarter to record high - latimes.com:

Will Goldman Sachs prove greed is God? | Business | The Guardian

Will Goldman Sachs prove greed is God? "Matt Taibbi"

Foreclosure activity up sharply despite loan modification program.

Is still a lot of pain ahead for US housing market? Jump in foreclosures makes you wonder ... http://www.informationclearinghouse.info/article25230.htm