October 10, 2012 0

Schnare on screen, Captain.

By News Desk

Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional. His colleagues are smart, but they have a curious inability to see the holes that they dig for themselves.

October 10, 2012 0

Mish on Capital Account: IMF Downgrades, Unemployment, Participation Rate, Conspiracies; What is the Best Way to Measure Unemployment?

By News Desk

Link if video does not play: Mish on Capital Account . A New Way to Measure Unemployment On Monday, in the wake of a controversial drop in the unemployment rate, Gallup Economist Dennis Jacobe proposed a A New Way to Measure Unemployment . He proposed " Payroll to Population (P2P) — the number of Americans employed full-time for an employer as a percentage of the U.S

October 10, 2012 0

Enschnared

By News Desk

Take it from Eli, in the original filing David Schnare does the full shark jump with a double Godwin I was named after David Steiner, a man who died of starvation in Buchenwald concentration camp on May 3, 1945.

October 9, 2012 0

Parla, Spain’s 54th Largest City, Poised for Bankruptcy

By News Desk

Courtesy of Google Translate from El Economista , please consider Parla, one step from bankruptcy: cannot deal with creditors . The economic situation of the City of Parla "can not deal with creditors and maintain basic health services to citizens," according to the report of the Audit Chamber of the Community of Madrid, who advised to take measures to continuity of the consistory.

October 8, 2012 0

Netherlands House Price Crash Underway; Will France Follow?

By News Desk

Similarly, Bloomberg reports Netherlands House Prices Dropped the Most on Record Last Month House prices in the Netherlands, the fifth-biggest economy in the euro area, dropped in July by the most since the index started in 1995. Prices declined 8 percent from the same month a year earlier, after falling 4.4 percent in June, national statistics agency CBS in The Hague said on its website today. Values have fallen 15 percent from a peak in 2008 and are back to about the same level as eight years ago, CBS said