Home Sales Take a Big Hit (Chart)

For more evidence of the current deflationary trend look no further than the real estate market. If you take a quick look at the chart above and still think a housing recovery is upon us, then the mainstream media has detonated a Weapon of Mass Distraction in your...

It Begins: Local Govs Already Terminating Jobs

Yesterday we brought to your attention that we can Expect 2 Million Layoffs By State and Local Governments. Well, it didn’t take long. The city of Maywood, CA has announced that it will be laying off most of its city staff (around 100 workers), including the...