Sunday, January 07, 2007

Happy New Year?

Well the new year is here. Two years until the US federal elections. (follow the donor money here) Significantly dim economic news. Worries of Global warming, Greenland's ice disappearing, chicken flu, and whatever else the news and media establishments can cook up to make folks more stressed out.

Slowing wages - one of our largest ongoing problems..

How our failing currency could snap back and hit the rest of the world..

And here is the mild mannered view of our Fed Reserve Chairman..

A great article about two opposite economic views of the illegal immigrants in the US.

And most Americans view themselves as secure because of the inflated values of their homes. However, once they figure out they can't sell the homes.. and the ARMs are coming due.. all that largess will quickly realign itself into a much grimmer picture.

And.. to top it off.. new home growth is slowing..

If you don't believe the links to the media, just go to the source data here.

Looks like it time to store some nuts, put on some midnight oil, roll up our sleeves and fix these problems..

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