thestatedtruth.com | September 16, 2010
U.S. home seizures reached a record for the third time in five months in August as lenders completed the foreclosure process for thousands of delinquent owners, according to RealtyTrac Inc. Bank repossessions climbed 25 percent from a year earlier to 95,364, the most since the Irvine, California-based data provider began keeping records. “We’re on track […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
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Tags: bank owned, foreclosures, Real Estate, repos
thestatedtruth.com | September 15, 2010
Bloomberg     09-15-2010 The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow inventory — the supply of homes in default or foreclosure that may be offered for sale — is preventing prices from bottoming after a 28 percent […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, Real Estate |
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Tags: bank owned, foreclosures, Real Estate
thestatedtruth.com | September 15, 2010
ICI’s latest data discloses that in the week ended September 8, domestic funds saw outflows of $2.2 billion, following last week’s massive $7.7 billion. And ETFs experienced outflows as well. So far September has experienced nearly $10 billion in outflows, even as the market has ramped by over 6%. This is the 19th sequential outflow […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
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Tags: stock funds flow data, stock market outflows, stock redemptions
thestatedtruth.com | September 15, 2010
The funded status of the 100 largest corporate defined benefit pension plans dropped by $108 billion during August 2010 as measured by the Milliman 100 Pension Funding Index (PFI). The funded status decrease was primarily due to a significant decrease in corporate bond interest rates that are the benchmarks used to value pension liabilities. Though […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National Security, Pensions and Retirement, Wall Street |
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Tags: pensions, srirement
thestatedtruth.com | September 14, 2010
U.S. Retail Sales came essentially in line with consensus at 0.4% versus expectations of 0.3%. The previous number was revised from 0.4% to 0.3%.  Auto sales dropped both M/M and Y/Y. From the Census Report: The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for August, adjusted for […]
Category: Commentary, Economy, National News, Wall Street |
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Tags: retail store sales, retailers
thestatedtruth.com | September 14, 2010
A $108 Billion Deterioration In ONE MONTH www.zerohedge.com     09-14-2010 According to actuarial and consulting firm Miliman, in August 2010, the funded status of the 100 largest defined benefit pension plans sponsored by U.S. companies dropped by $108 billion to a 10-year low of 70.1%. Yes, that’s a $100 billion + deterioration in one month! The […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
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Tags: pension deficit, pensions, under funding
thestatedtruth.com | September 14, 2010
Nearly half of all Americans live in a household in which someone receives government benefits.  This is more than at any time in history. Making matters even worse, the number of American households not paying federal income taxes has also grown—to an estimated 45% in 2010, from 39% five years ago, this according to the Tax Policy Center.  […]
Category: Commentary, Economy, National News, Pensions and Retirement, Wall Street |
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Tags: entitlements, no taxes, taxes
thestatedtruth.com | September 14, 2010
September 14, 2010 | 0856 GMT Â By George Friedman We are now nine weeks away from the midterm elections in the United States. Much can happen in nine weeks, but if the current polls are to be believed, U.S. President Barack Obama is about to suffer a substantial political reversal. While we normally do […]
Category: Commentary, Economy, National News, Wall Street |
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Tags: elections, politics, stratfor on elections
thestatedtruth.com | September 13, 2010
Additionally there are also other systems of concern in the basin, such as Julia farther east and the possibility of Karl forming in the disturbed weather currently in the Caribbean. Igor continued on a strengthening phase into Monday. The last Category 5 hurricane in the Atlantic was Felix in 2007. That season yielded two Category […]
Category: Commentary, National News |
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Tags: category 5 hurricane, hurricane igor, tropical storms
thestatedtruth.com | September 13, 2010
So what will bolt from the gate fastest Stocks, Bonds or could Gold and Silver lead the way? The New York Fed has just disclosed it will buy $27 billion in Treasurys between mid-Sept and mid-October. Using the Basel III blessed 30x leverage, this money, once it makes its way to the Primary Dealers, should be […]
Category: Commentary, Commodities, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street |
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Tags: stock market, treasurys, wall st, Wall Street
thestatedtruth.com | September 13, 2010
From John Williams of shadowstats.com……… – Protracted Economic Downturn Re-Intensifies – Systemic Stability: “Tap-Dancing on a Land Mine” – Risks of U.S. Dollar Instability and Systemic-Salvation Efforts Pose         Severe Inflation Threat www.shadowstats.com
Category: Charts and Graphs, Commentary, Commodities, Economy, Finance, Interest Rates, Bonds, National News, Wall Street, World News |
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Tags: Economy, john williams of shadow stats
thestatedtruth.com | September 13, 2010
Hmm, this is a rather stunning study to say the least. And people wonder why there is a flight from equities into bonds. 09-13-2010 The latest Abel/Noser analysis has been released and according to the data analytics firm just 112 stocks now account for half of the day’s volume, the top 20 stocks account for 26% […]
Category: Commentary, Economy, Finance, National News, Wall Street |
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Tags: stock market, stock market volume study, wall st, Wall Street
thestatedtruth.com | September 12, 2010
09/12/2010 Scientific American has done a summary of peak commodity levels as well as depletion projections for some of the most critical resources in the world including oil, gold, silver copper, not to mention renewable water, as well as estimating general food prices over the next half century. Generally speaking, regardless of whether one believes […]
Category: Commentary, Commodities, Economy, Gold and Silver, National Security, Oil and Nat Gas, Wall Street, World News |
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Tags: peak, peak coal, peak copper, peak everything, peak gold, peak indium;peak food, peak silver, peak water
thestatedtruth.com | September 12, 2010
Nice to know that someone is on the job! WASHINGTON   Treasury Secretary Timothy Geithner said Washington can under cut an already slow economic recovery if it fails to provide quick support to business and individuals. “If the government does nothing going forward, then the impact of policy in Washington will shift from supporting economic growth […]
Category: Commentary, Economy, Finance, National News, Wall Street, World News |
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Tags: economic growth, Economy, gdp, national economy
thestatedtruth.com | September 11, 2010
If not for record low interest rates, the Debt Service Ratio chart below would look a lot different! The consumer, and why the expectation (and reality) of deflation will keep U.S. buyers subdued, and continue to make the US economy ever more reliant on the government’s transfer payment, aka welfare, program. A very simple illustration of the […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street, World News |
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Tags: consumer debt, debt, personal debt
thestatedtruth.com | September 11, 2010
FDIC’s Bair Warns of Government “Exposure” in Mortgages WASHINGTON (Reuters) – A key U.S. banking regulator raised concern on Wednesday about the risk of “exposure” the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages. “We should all be concerned about the type of exposure that the government […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate |
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Tags: housing, mortgages, Real Estate
thestatedtruth.com | September 10, 2010
Q: Have you heard about McDonald’s’ new Obama Value Meal? Â A: Order anything you like and the guy behind you has to pay for it. Â Â Â Â Â Â Â Â —Conan O’Brien Â
Category: Jokes |
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Tags: jokes, mcdonalds new obama value menu
thestatedtruth.com | September 10, 2010
 More: http://www.moneytalks.net/images/stories/August_26/Psychological-Stages-of-a-RE-Bubble-Market1.png
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street, World News |
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Tags: Real Estate, real estate chart, real estate cycles
thestatedtruth.com | September 10, 2010
Interesting fact…..stock market REIT ‘s (Real Estate Investment Trusts) are trading at near record highs. Of the $3.1 billion new delinquencies in August, $1.1 billion (36%) corresponded to hotel-backed loans, pushing the hotel-specific delinquency rate past 20%. Current delinquency rates by property type are as follows: –Hotel: 20.80% (from 18.64%) –Multifamily: 14.18% (from 13.87%) –Retail: […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Real Estate, Wall Street, World News |
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thestatedtruth.com | September 9, 2010
Shifting Demographics A factor affecting demand is shifting demographics. The Baby Boomer generation is no longer the consumption engine it has been to the US economy.  We have a generation that, as has been predicted for some time, is reducing its expenses but it may be even more dramatic than forecasted. With home housing […]
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street, World News |
398 Comments »
Tags: age distribution, consumption, demograhics, getting older, new normal, Real Estate, spending
thestatedtruth.com | September 9, 2010
September 9, 2010 By Scott Stewart and Nate Hughes  Over the past decade there has been an ongoing debate over the threat posed by electromagnetic pulse (EMP) to modern civilization. This debate has been the most heated perhaps in the United States, where the commission appointed by Congress to assess the threat to the […]
Category: Commentary, Economy, National News, National Security, Technology, Wall Street, World News |
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Tags: electrmagnetic pulse attack, electromagnetic pulse, eletromagnetic warfare
thestatedtruth.com | September 8, 2010
Here is the key to this….In tracking mutual fund redemptions, net cash liquidity is now down to just 3.5% of assets. This is very negative data for the stock market. Domestic equity mutual funds saw $7.5 billion in outflows, it’s the biggest one week outflow since the $13.4 billion redeemed in the week of the Flash Crash. It’s […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street, World News |
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Tags: equity fund flow data, etf's, mutual fund outflows
thestatedtruth.com | September 8, 2010
After two months of moderated growth in delinquent loans backing commercial mortgage-backed securities (CMBS), the delinquency rate in August increased 21 basis points to 8.92%, according to the analytics firm Trepp. It’s an increase from the 8.71% measured in July and another new record. The August delinquency rate is more than double the 4.03% rate […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street, World News |
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Tags: cmbs, commercial property defauls, commercial real estate, property defaults, Real Estate
thestatedtruth.com | September 8, 2010
Between 1974 and 1982 nominal stock prices drifted slowly higher as corporate earnings picked up; thereby compressing valuations and ending the bear-market. But from the current look of things we are a ways from that outcome.   Â
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Wall Street, World News |
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Tags: bear market, road to nowhere, stockmarket, stocks, wall st, Wall Street
thestatedtruth.com | September 8, 2010
Sounds like a hybred communist capitalist system is coming to Cuba soon. Maybe they will look to the Chinnese model for guidence! HAVANA   Fidel Castro told a visiting American journalist that Cuba’s communist economic model doesn’t work, in a rare comment on domestic affairs. Jeffrey Goldberg, a national correspondent for The Atlantic magazine, asked if Cuba’s […]
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Tags: Cuba, fidel castro
thestatedtruth.com | September 8, 2010
The Federal Reserve said the U.S. economy maintained its expansion while showing “widespread signs of a deceleration†in mid-July through the end of August, according to a survey by 12 regional Fed banks. The New York Fed reported “signs of decelerating†in the district, including “further deceleration†in manufacturing. The Philadelphia region said business conditions […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street, World News |
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Tags: fed banks, federal reserve, u.s. economy
thestatedtruth.com | September 7, 2010
Here is another government controlled project. These are unbelievable statistics. Simply beyond belief! Credit card debt peaked at $975 billion back in September of 2008 and is now down to $826 billion. Past and current students now carry a stunning $829 billion in student loan debt.   Fact:  You are not allowed to discharge student loan debt through bankruptcy. […]
Category: Commentary, Economy, Education and Schooling, National News, Tid Bits, Uncategorized, World News |
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Tags: college, college degree, college statistics, education, school, schools, university, university statistics
thestatedtruth.com | September 7, 2010
The problem with trying to put hupty dumty back together is much like a house of cards,  they both tend to fall apart in a heap.  While abundant liquidity in May and June served as an artificial prop to return European and PIIGS spreads to previous levels, it looks more like a mean reversion as algorythems took hold. The second time around […]
Category: Commentary, Economy, Finance, Gold and Silver, National News, Wall Street, World News |
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thestatedtruth.com | September 7, 2010
So…….What’s going to happen here in the good old USA when, not if our congress gets around to this. Hint….. judging from the french reaction,  it won’t be pretty!  If you would like to know more about the demographic problem, just go to Categories on the left and click on Pensions and Retirement. There is plenty to read about on the […]
Category: Commentary, Economy, Finance, Inspirational, National News, Pensions and Retirement, Wall Street, World News |
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thestatedtruth.com | September 6, 2010
Have you ever wondered about which countries have the biggest gold reserves or are the largest producers of gold? Gold Atomic Number: 79 Symbol: Au Atomic Weight: 196.9665 Discovery: Known since prehistoric time Word Origin: Sanskrit Jval; Anglo-Saxon gold; meaning gold – also Latin aurum, shining dawn  Carats and carobs The word ‘carat’ (the measurement for gold purity) comes […]
Category: Charts and Graphs, Commentary, Commodities, Economy, Gold and Silver, National News, Pensions and Retirement, Personal Net Worth, Wall Street, World News |
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Tags: gold, gold holdings, gold mining, gold nuggets, gold producers
thestatedtruth.com | September 6, 2010
 “Fathom the odd hypocrisy that Obama wants every citizen to prove they are insured, but people don’t have to prove they are citizens.”             ~ Ben Stein
Category: Commentary, Inspirational, National News, Quote of the Day |
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Tags: paradoxical, Quote of the Day, thought of the day, thoughts
thestatedtruth.com | September 5, 2010
So even though we have nearly 8,000 banks, the bulk of the assets sit with a small number of banks and the Deposit Insurance Fund (DIF), the fund that backs the assets of the banks is actually in the red for $15 billion: www.mybudget360.com
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
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thestatedtruth.com | September 4, 2010
Without tax incentives, this may all be for not……..John Mauldin explains the simple facts of job growth…..Want to increase productivity and jobs? The best way it seems, is to encourage private business, and especially startups. “So we can’t count on the Intels or Microsofts to create employment: we need the entrepreneurs.”  Delta Force There are […]
Category: Charts and Graphs, Commentary, Economy, Finance, Inspirational, National News, Pensions and Retirement, Research, Technology, Wall Street |
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Tags: new companies, new startups, private startup;new businesses, small business
thestatedtruth.com | September 4, 2010
Even after looking at the market’s rebound from the lows of 2009, nest eggs remain severely impaired. As of the first quarter of 2010, net household assets—homes, 401(k) plans, pension assets and other investments minus debts—stood at $54.6 trillion, down an average of 18% from the end of 2007.  We actually think the losses are higher but we’ll […]
Category: Charts and Graphs, Inspirational, National News, Personal Net Worth, Wall Street |
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Tags: net worth, persoanl net worth, personal assets, total worth
thestatedtruth.com | September 4, 2010
A must listen to interview with Jim Rickards about our economy and more.  We all need to be aware of the direction of things to come.   This interview from Jim Rickards will help in understanding these things better.  Click on the following link or paste into your browser:   http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/9/4_Jim_Rickards.html  Biography of James G. Rickards…..James G. Rickards is […]
Category: Audio Clips, Commentary, Commodities, Economy, Finance, Gold and Silver, Interest Rates, Bonds, National News, National Security, Pensions and Retirement, Real Estate, Wall Street, World News |
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Tags: Economy, everybody should listen to this, jim rickards, must listen too, new york stock exchange, stockmarket, wall st, Wall Street
thestatedtruth.com | September 3, 2010
Very interesting,  but also a worst nightmare for tax payers……….Under Pennsylvania law, Ambac Assurance (which insures some of Harrisburg’s debt) can take Harrisburg to court to seek an order to raise property taxes to pay debt. This is the nature of “full faith and credit†of general-obligation bonds. So the tax payers are stuck for the […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street, World News |
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thestatedtruth.com | September 3, 2010
Bond Vs. Stocks…..Pension Allocations. Looks like bonds are priced to perfection here, so if re allocations take place in the next year like this report says, then the results may not be pretty. If interest rates have any kind of a kick to the upside a broad under performance could be setting up for retirement accounts. Hmmm, isn’t […]
Category: Charts and Graphs, Commentary, Economy, National News, Pensions and Retirement, Wall Street, World News |
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