Thursday, February 18th, 2010


February 18 2010, Jobless Claims rise, Inflation jumps, Economy Wobbles, New applications unemployment insurance surged last week, unemployment benefits increased 31,000, producer prices increased sharply in January

February 18 2010, Jobless Claims rise From, february 18, 2010. “Jobless Claims, Inflation Jump as Economy Wobbles” “The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery. Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000. Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4Read More

Shadow Inventory Of Troubled Mortgages, Standard and Poors, US housing prices, Mortgage crisis may be far from over, More delinquencies and lower home prices are to come

Shadow Inventory Of Troubled Mortgages From Standard and Poors, February 16, 2010. “The Shadow Inventory Of Troubled Mortgages Could Undo U.S. Housing Price Gains” “In summer 2009, the seasonally adjusted S&P/Case-Shiller Home Price Index rose for the first time in virtually two years. Since May 2009, the index has risen by over 3%, suggesting that the necessary correction to U.S. residential home prices is nearing an end. However, in Standard & Poor’s Ratings Services’ view, the mortgage crisis may be far from over. The overhang of homes heading toward liquidationRead More

February 18 2010, Citizen Wells open thread

The Citizen Wells blog is open to sincere discussions on a wide variety of topics. This open thread for today, February 18, 2010 is for “off topic” discussions. The “on topic” discussion thus far today is the Philip J Berg update so anything related to Obama eligibilty will be appropriate on that post. Sporadic personal comments are allowed as long as they do not attack commenters here. To further elaborate, comments about Obama, Congress on a post like Berg’s would normally be appropriate. This is not a hard and fastRead More

Philip J Berg, Update, February 18, 2010, Birth Certificate March on Washington, Berg to Attend CPAC 2010 in Washington, DC 2/18 to 2/20, Obama eligibility, Berg v Obama

From Philip J Berg, February 18, 2010. For Immediate Release:  – 02/18/2010 For Further Information Contact: Philip J. Berg, Esquire 555 Andorra Glen Court, Suite 12 Lafayette Hill, PA 19444-2531 Cell (610) 662-3005 (610) 825-3134 (800) 993-PHIL  [7445] Fax (610) 834-7659 Berg to Attend CPAC 2010 in Washington, DC 2/18 to 2/20 * * * Berg States that Announcement of “Birth Certificate March on Washington” to Demand Obama Resign forced Obama to address the issue at National Prayer Breakfast * * * Date for March to be Announced SoonRead More