Tuesday, 10 February 2009

Value guru loading up on real estate
Ken Heebner piled into 3 REITs.

Absolutely brilliant plan for the failing economy
The U.S. gov't can't even manage a parking meter… so how about getting the huge, stupid idiot out of the way?

Recession pulls down the giant... Wal-Mart slashing jobs
The "recession-proof" Wal-Mart announced job cuts at its Arkansas headquarters.


Madness in Iceland… now called "a failed state"
"Many people who live in beautiful houses and drive beautiful cars are completely broke."

Crack head D.C. councilman also doesn't pay taxes
He should hang out with our new Treasury Secretary.

Bond vigilantes are rising from the dead
"Starting to build in a premium for the huge financing bill that is going to come this year."

Gun Frenzy: Florida running out of bullets
Since the Obama election, Florida gun stores can’t keep bullets in stock.

These credit cards may destroy retailers
“Private label credit cards” make up 30% to 40% of retailers’ sales, and their default rates are enormous.

Fort Myers, Florida is the "American dream in high reverse"
The once booming real estate market has collapsed.

Regards,

The Daily Crux
www.thedailycrux.com