One in Three Detroit Homes Vacant
From: www.clickondetroit.com
“The Detroit Data Collaborative on Saturday released the results of the block-by-block survey of Detroit’s about 343,850 residential parcels. It found about 64 percent contained occupied housing.”
This is an amazing statistic.
Clayton
Food Prices Summary for February, 2010 – No Serious Rise
I wanted to do my own check on inflation of food prices. So I went through all my cash register receipts for the last 20 months and summarized it based on 15 items I buy regularly. This includes such foodstuffs as eggs (large), flour, sugar, bread and so on. I buy all of these goods […]
The Baltic Dry Index has collapsed by 40% over the last 10 weeks
The Baltic Dry Index has collapsed by 40% over the last 10 weeks. This is an index showing international shipments by sea. A second index showing US rail transports is also dropping. Both of these indexes are good leading indicators of economic activity.
“The Baltic Dry Index as well as US Railroad Freight demand is weakening, […]
Ford Forecasts 2010 Profit
Ford Forecasts 2010 Profit, some good news for a change.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aTTwGK0nh9b8&pos=4
Jan. 29 (Bloomberg) — Ford Motor Co. forecast a 2010 pretax operating profit and posted $2.7 billion in net income for last year as Chief Executive Officer Alan Mulally reaped the benefits of his recovery plan after three annual losses
Fourth-quarter earnings were $868 million, or […]
What Have the Presidents’ Done to America?
I have watched television talking heads and pundits expound on the insane debt levels that President Obama and the Democratic Congress has been heaping upon us lately, but each time I hear it, my doubt increases. I keep cringing at hearing how President Obama is leading us to economic oblivion by the growth in the […]
The Geography of a Recession
This is a stunning graphic of the national unemployment picture by county since January of 2007. It has more impact if you enlarge it to full screen mode by clicking on the icon on the lower right corner in the bar below the map (the icon with four arrows pointing in opposite directions).
US is sending 10,000 troops to Haiti. Is there oil there too?
The US is sending 10,000 troops to Haiti. A recent 20 billion barrel oil discovery puts Cuba in the big league of oil producing nations. Since we have troops everywhere else on the planet where oil can be found (except for Russia), including the recent opening of seven new military bases in Colombia near the […]
The Looming World-wide Food Shortage.
This is a must read for anyone who cares about what is about to hit our already beleaguered world economies. I will warn you, this is pretty scary stuff.
http://www.marketskeptics.com
I was going to write on this topic myself, but decided this web blog from marketskeptics.com did as good a job on this subject as could be […]
Only Dealership In Detroit Closes
I never in my life thought I would see this day. Dalgleish Cadillac, located at 6160 Cass Ave. in Detroit has been told by General Motors they will be closed as part of their restructuring. This is the last automobile dealership left in Detroit. Here is the link:
http://www.clickondetroit.com/news/21676874/detail.html
Clayton
Fears of hunger are becoming more obvious.
My greatest fear this winter is a worldwide famine. Here are a few articles that I have read that are pointing this out more and more.
http://www.philly.com
“America is hungry and getting hungrier, with 49 million people - 17 million of them children - last year unable to consistently get enough food to eat, according to a […]