Wednesday October 31 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:

Stock Buybacks: A Good thing or slipped DISCs ... – Mish’s Global Economic Trend Analysis (10/30/2007)
The Litigation Scorecard - Mish’s Global Economic Trend Analysis (10/30/2007)
U.S. Consumer Confidence Fell More Than Forecast - Bloomberg (10/30/2007 09:38 AM)
Why Rate Cut Isn't a Sure Thing - WSJ ($) , Ip, (10/30/2007 05:08 AM)
Home Prices in U.S. Dropped a Record 4.4 Percent in Past Year, Survey Says - Bloomberg (10/30/2007 08:22 AM)
How a Fed cut may backfire - N.Y. Post (10/30/2007 08:32 AM)
Paulson committed to strong dollar – (right) CNN/Money (10/30/2007 10:45 AM)
What will World War IV cost? - Market Watch from Dow Jones (10/30/2007 10:57 AM)
The $915B bomb in consumers' wallets - CNN/Money (10/30/2007 11:13 AM)
Presidential candidates dodge silver tsunami - FT (10/30/2007 09:29 PM)
Workers facing higher '08 health costs - Dallas Morning News (10/30/2007 04:53 AM)
Rush for municipal Wi-Fi runs out of steam - AJC.com (10/30/2007 08:41 AM)
Countrywide CEO: More trouble ahead for housing market - USA Today (10/30/2007 05:35 AM)
Perceived as safe, some money-market funds take chances to boost yield - Boston Globe (10/30/2007 04:55 AM)
Three bearish signs - TheStreet.com , Kass, (10/30/2007 08:39 AM)
Private equity widens search - FT (10/30/2007 09:35 PM)
The New Rushmore: Commodities - WSJ ($) (10/30/2007 05:12 AM)
Fitch to Downgrade CDOs - WSJ ($) (10/30/2007 05:13 AM)
Australia Cuts Wheat Crop Forecast for Third Time - Bloomberg (10/30/2007 05:30 AM)
CEOs see falling home prices and mounting foreclosures - LA Times (10/30/2007 04:44 AM)
UBS Reports SF830 Million Loss on Debt Writedowns - Bloomberg (10/30/2007 05:15 AM)
Beazer buys breathing room in battle with creditors - AJC.com (10/30/2007 08:40 AM)
New wave of job cuts hits health care - Reuters (10/30/2007 05:13 AM)
O'Neal Writedown Erased 20% of Equity, Earnings From Debt Boom - Bloomberg (10/30/2007 05:15 AM)
Swedish Riksbank hikes repo rate to 4.00 pct from 3.75 pct - Forbes (10/30/2007 06:01 AM)
UBS fears credit crunch may last into 2008 - UK Times (10/30/2007 05:38 AM)
Japan’s lenders feel the subprime pinch - FT (10/30/2007 09:23 AM)
German jobless falls below 3.5m - FT (10/30/2007 09:32 PM)
Pundit Rogers sees ‘incipient bubble’ in China - FT (10/30/2007 09:40 PM)

Mukasey: "If the President does it, it is not illegal..."In 1947, The US Government was Clear: Waterboarding = Torture (When it was done against US Citizens)The Government Pretends to Pay Them, and Troops in Iraq Pretend to PatrolStocks Wait on Wednesday Fed DecisionIn the mean time...NYSE ELIMINATES TRADING CURBS!The Federal Reserve: Legalized CounterfeitingDr. Bernanke, The Solution is the Problem!History's Warning About the Price of MoneyIf Merrill is the Tip of the Iceberg, Who is the Titanic?
U.S. house prices fall for eighth straight month (money.cnn.com)
House price drop worst since June 1991 (news.yahoo.com)
House prices falling at record pace in August (marketwatch.com)
House Prices Continue Descent (thestreet.com)
An update to the Case-Shiller house price index (themessthatgreenspanmade.blogspot.com)
Fires out, California housing still burns (reuters.com)
Builders Pay $1.4M in Title Case (biz.yahoo.com)
America's Big, Fat Housing Inventory (biz.yahoo.com)
Junk mortgages under the microscope (money.cnn.com)
Yves Smith Talks the Mortgage Market Mess (blownmortgage.com)
Financial Instability and the Federal Reserve as a Liquidity Provider (federalreserve.gov)
M-LEC Superfund (researchrecap.com)
Forclosures Hit San Mateo, CA (sanmateodailynews.com)
Shylocks and Village Idiots (wallstreetexaminer.com)
Taxable Property Value Ahead Of Realty (patrick.net)
Increasing US Vacant Housing (housingbubblebust.com)
Merrill Lynch's O'Neal Departs With $161.5 Million (bloomberg.com)
California Housing Not Supported By Fundamentals (irvinehousingblog.com)
Subprime Problems Continue To Climb, Key Indexes Show (money.cnn.com)
Nation's Building News Online for October 29, 2007 (nbnnews.com)