Tuesday October 30 Housing and Economic stories

Best sources of housing and financial news stories (with no spin):
· http://patrick.net/housing/crash.html (Patrick.net US Housing Crash Continues)
· http://www.bullnotbull.com/bull/
· http://www.prudentbear.com/
· http://www.safehaven.com/
· http://www.jasmts.com/readingRoom.php (Jim Shepherd Investment Strategist)
· http://globaleconomicanalysis.blogspot.com/ (Mish’s Global Economic Trend Analysis)


Housing and Economic News:

Subprime woes keep sales down in New Orleans - (www.usatoday.com 10/29/07)
What Kind of Caution From the Fed This Time? - (www.bullnotbull.com/bull)
Bartender Ben Bernanke - (www.bullnotbull.com/bull)
Markets: The End of Open Outcry - (www.bullnotbull.com/bull)
For sale: 2 Million Empty Homes - (www.bullnotbull.com/bull)
Bull Market: $100 Oil & $3 Gas - (www.bullnotbull.com/bull)
Record Run in Asia - Hong Kong, Malasia, Indonesia Hit New Records - (www.bullnotbull.com/bull)
Gold Nears $800! - (www.bullnotbull.com/bull)

Dollar and oil hit new records - (www.ft.com 10/29/07)
– Unfortunately, dollar is going down, oil/gold (and all commodities) are going up
‘Zero US effort’ on housing slammed - (www.ft.com 10/29/07)
Countrywide criticises US response to crisis
Fears over next victim of credit squeeze - (www.ft.com 10/29/07)
Bond insurers’ share price hit by turmoil

Anatomy Of A Market Crash - Forbes (10/29/2007 05:40 AM)
Schools weigh classes on loans as student debt mounts - Dallas Morning News (10/29/2007 05:46 AM)
What Kind of Caution by the Fed This Time? - NY Times (10/29/2007 05:35 AM)
Busy bill collectors deal with the blues - AJC.com (10/29/2007 09:02 AM)
The Catastrophist View - New York Guides (10/29/2007 09:35 AM)
That tear in your beer may be because of rising prices - USA Today (10/29/2007 05:38 AM)
Credit crunch not resolved - Economist (10/29/2007 08:56 AM)
No more annual meeting secrets - TheStreet.com (10/29/2007 08:58 AM)
Connecticut Goes after Ratings Agencies - CFO.com (10/29/2007 09:03 AM)
Fears over next victim of credit squeeze - FT (10/29/2007 09:15 PM)
Falling US rates raise carry trade questions - FT (10/29/2007 09:31 PM)
SEC Drills into Restatement - CFO.com (10/29/2007 09:04 AM)
Lenders banking on home refinancing pitches - LA Times (10/29/2007 05:42 AM)

O'Neal Ouster Makes Mess of Maternal Merrill Lynch - Bloomberg (10/29/2007 05:30 AM)
Why protect banks from mistakes? - CNN/Money (10/29/2007 09:06 AM)
Office Depot hit by delay - FT (10/29/2007 09:19 PM)
Pent Up Housing Supply (Mish)
Vultures waiting to feed on housing corpse (money.cnn.com)
Stressed borrowers use plastic to delay default (news.yahoo.com)
Cutting The Bull -- More bad news (wallstreetexaminer.com)
Countrywide CEO: More trouble ahead for housing market (usatoday.com)
Warning: Bad neighbors abound (lasvegassun.com)
Nevada foreclosures: Worst yet to come (inbusinesslasvegas.com)
Sales, prices still falling on Florida Coast (tcpalm.com)
Which is worse: foreclosure or bankruptcy? (msnbc.msn.com)
Beware of the Housing Fallout (nytimes.com)
Recessionary Effect of Worst U.S. Housing Bust Ever (rgemonitor.com)
Empire of Lies, Kingdom of Magical Thinking (Charles Hugh Smith)
Slow housing market speeds up scam (palmbeachpost.com)
Pseudo Science (viewfromsiliconvalley.com)
Countrywide Announces $1 billion Dollar Loss, Stock Soars (doctorhousingbubble.com)
Impending Credit Market Supercriticality? (market-ticker.denninger.net)
The housing crash and the disappearing middle class (eyeonmiami.blogspot.com)
A house deal to die for? (post-gazette.com)