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Blog Archive

Saturday, May 8

Real Estate and Collapse of the Economy

The game is over, with the computer trading gone wild. The 1,000 up and down moves in the Dow of Thursday are the last draw. We need the Glass- Steagall bill, the separation of the bank deposits from the investment derivative casino. Time to listen to LaRouche, the webcast is today.

The real estate blowout is continuing, this time in the commercial real estate. In fact, we could soon have a dead economy. The economy needs help, with the need for Federal credit and lots of infrastructure, construction and other jobs. But, before that we have to end the gambling casino game. The game must die, of derivatives, side bets and options and poptions.

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