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Posts Tagged ‘housing collapse’

6.5 Million Foreclosures, 18.6 Million Vacant Homes

Monday, April 28th, 2008

Mr. Joad's Wild Ride.Here are some cheery housing numbers, as the bankrupt truckers impotently beep their horns at Congress and the food is rationed and “consumer expectations” hit lows not seen since the early 1970s: More than 6 million homes will go into foreclosure before this housing collapse is finished, and the number of houses now sitting empty in America has reached a staggering 18.6 million — including 2.3 million currently on the market. MORE »


Old Jazzbo Hippie Claims Cheney Just Invaded Iraq For The Oil

Monday, September 17th, 2007

hippie - WonketteSome little hipster clarinet player from NYU is claiming the Iraq invasion and occupation was all about securing oil supplies for America. Oh and what is that sticking out of Jazzbo Al’s tattered raincoat? A worn paperback of Ayn Rand’s “Atlas Shrugged,” which he actually first read when she was writing it, when he was screwing some gal in Rand’s “inner circle” and writing angry letters to the New York Times about how “parasites who persistently avoid either purpose or reason perish as they should.” That’s right, we’re talking about former Federal Reserve chairman Alan Greenspan! MORE »