+  Thoughtful posts on Social Security from Bruce Krasting: 1.  Hello, We Lost Track of $25 Billion? – Bruce Krasting 2.  On SSTF – Let’s Go Back to 1956 – I want to make a case that we are [...]

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  (Existing Home Sales) An Awfully Bad Number – Yesterday we noted that economists were looking for Existing Home Sales to come in at a very weak reading of 4.65 million.  A reading that low would have been down to levels last seen during the depths [...]

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  video: Kyle Bass’ best investment ideas – Posted by Prieur du Plessis – Investment Postcards From Capetown ———— tim1  Low Interest Rates and Leading Indicators – Tim Iacono – Not having looked at the innards of the [...]

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Gee, whenever I have too much to drink in Utah and find myself around a mortgage company’s computer server, I feel like opening fire. I guess I’m not alone. http://www.sltrib.com/sltrib/home/50159264-76/campbell-computer-police-server.html.csp

Jefferies, and other Wall Street firm’s analysts, have recently pointed out that the effective rate of interest on all US mortgage debt outstanding (about $11 trillion [...]

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