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News
Tuesday | November 23, 2010
"Shadow Inventory" Of "Distressed Homes" To Hit "Real Estate Market"
A wave of distressed residential properties may flood an already saturated residential real estate market in the coming months, according to CoreLogic, "a leading provider of consumer, financial and property information, analytics and services to business and government." There was an 11 month supply of "distressed homes" in the Portland-Vancouver-Hillsboro metro area in August. (CoreLogic defines "distressed homes" as residential property with mortgage payments more than 90 days delinquent or in foreclosure.) Global "free market" economics straightens out "shadow inventories" of "distressed homes" brought about by the myriad of criminal networks on Wall Street, and in the corporate boardrooms of major multinational corporations, by bailing out distressed banks, paying outlandish bonuses to "investment bankers," and making landless (and homeless) serfs out of everyone else.[1]
- Go to story: Distressed homes to hit real estate market
- Go to report:Shadow Inventory Jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units
Monday | November 22, 2010
Happy Women Love To Read
Mercy Corps' "M POWER Project" department suggests you join Mercy Corps and Powell's Books to help teach women to read, and how NOT to shop at Amazon dot com. You can "be the change" you always wanted to be and help teach hundreds of Indian women to read and write, boosting their self-esteem and empowering them to open bank accounts, start small businesses, participate fully in their households and communities, and NOT shop online. Powell's will throw in a free Powell's Books tote bag if you jump through all the necessary hoops and meet all their other requirements.
Sunday | November 21, 2010
"Eager Beaver" Police State Does Its Part To Stick It To The Man
A Portland hedge fund analyst exposed his virile manliness by standing up to "two fresh faced eager beavers from the FBI" and refusing to "wear a wire and therefore ensnare (his clients) in (the 'eager beavers') devious web." (It's also manly to mix metaphors like "beavers" with "devious web" or "spiders" with "devious dam.") Afterward the hedge fund inside trading analyst cursed the Portland Timbers for failing to drive the FBI's "eager beavers" out of Portland as successfully as they banished the Portland Beavers from Stumptown.
- Go to story: U.S. in Vast Insider Trading Probe
Saturday | November 20, 2010
Concern Mounts Over Portland's Public Displays Of Wanton Gluttony
Labeled "America's New Food Eden," meat-centric restaurants like the Beast, Country Cat, People's Pig and other "lardcore" eateries serve non-kosher food that is "so good it will literally make you sick." In the midst of all this pork barrel fetishizing, has anyone stopped to think about the poor, starving waifs in Africa? Enquiring stomachs want to know.
- Go to story: Why Portland Is America's New Food Eden
Friday | November 19, 2010
Wal-Mart Stores, Inc. (NYSE: WMT) To Open New Store In Portland
The mega-retailer promises employment for 300 Portland-area serfs and countless sweatshop slaves across the globe. Watch out for falling wages.
Thursday | November 18, 2010
The Best Little Streetcar In Texas
Fort Worth puts runaway Portland streetcar on display.
Wednesday | November 17, 2010
R.I.P. City
Q. Why is Portland, Oregon nicknamed Rip City?
A. Trail Blazers guard, Jim Barnett, ripped the net in 1970 causing the sports announcer to hyperventilate and coin the phrase "Rip City."
Go to story: Why is Portland Oregon nicknamed rip city?