Comments on: 3 Stories of the Invisible Economic Recovery: 40,000 Inmates Released or 40,000 Potential New California Home Buyers? Banks increase Revenues by Overdraft Fees. The Ultimate Invisible Jobs Recovery.

By: markincorsicana

markincorsicana — Thu, 13 Aug 2009 02:55:55 +0000

I think we are missing the point here. The major job producing sectors 2000-2008 were finance and real estate. It seems to me that Cali is about to have 40,000 potential banksters and real estate agents out on the streets. It is no wonder the stock market is bubblin’. Goldman sacks (the american public) will be happy to see their 40,000 peeps gainfully employed.

By: rachel

rachel — Wed, 12 Aug 2009 20:47:30 +0000

Kaboom, I sure hope your post was a sarcasm and you don’t live in that fantasy land. All this “green” energy is going to cost more than the return. And it won’t be so green when you realize the damage that is done to the enviroment by “green energy” such as wind farms. Talk about an ugly eyesore. We already have endagered birds committing suicide by flying into them.

By: js

js — Wed, 12 Aug 2009 20:30:10 +0000

“And I don’t see inflation as a real issue because over the last 4 to 5 years, other than gas and electricity, my cost of living is about the same.”

funny if we are discussing housing: my rent has gone up several times in that same time period. There’s no inflation, sure there’s not ….

By: L.C. Evans

L.C. Evans — Wed, 12 Aug 2009 16:04:33 +0000

I am still wondering what in the hell is a jobless recovery. They have a nice name for everything they try to get you to swallow. After my husband lost his tech job to cheaper imported labor so his company ceo’s could cash out big in the stock market, I wrote a novel called Jobless Recovery. Sadly many of the things I wrote about in the book have now come to pass, including mass joblessness and foreclosures.

By: Onlooker

Onlooker — Wed, 12 Aug 2009 15:13:04 +0000

“People are finding ways to game everything these days.”

But I think it’s a fools game. For me at least, it’s not how much I can make, but how much I can lose. My money is in short term CDs and for longer range planning, tax-free Municipal Bonds. Sure they don’t pay a lot, but I can to protect the principle amount. This for me, in this environment, makes some sense. And I don’t see inflation as a real issue because over the last 4 to 5 years, other than gas and electricity, my cost of living is about the same.