Q 4 productivity up .7%, unit labor costs jump 1.2%. CoreLogic reports home prices fell 1.4% in December to a new low, total 2011 decline is 4.7% nationally.
Posts under ‘Corruption’
KPIG Radio – The Profit Motive January 30
Q 4 earnings are coming in weak. Freddie Mac bites the hand that feeds it. MF Global clients get the shaft. The regulators do nothing, Jon Corzine is free?
KPIG Radio – The Profit Motive January 24
Richmond gains 9 in January to 12. The fraudclosure settlement is out to the State’s AG’s for consideration. Another whitewash and giveaway for the banksters.
KPIG Radio – The Profit Motive January 18
PPI falls .1% in December, factory output increases .4% during the same period. Chase bank is stopping some collections amid allegations of fraud.
KPIG Radio – The Profit Motive January 10
November Consumer Credit jumps 10%, its largest advance sine 2001. A new credit already, is that even possible? Borrowing your way to prosperity doesn’t work.
KPIG Radio / The Profit Motive December 19
At 21, the NAHB Home Builders Index increases for a 3rd month. The FDIC closes 2 more banks as the YTD Total hits 92 considerably less than the 158 seen in 2010
KPIG Radio / The Profit Motive December 15
FBI reports that the banksters committed 80% of the mortgage fraud during the current crises. Europe and Asia show more signs of impending economic recession.
KPIG Radio / The Profit Motive December 13
Retail sales miss in November at +.2% so much for Black Friday. The parade of outright lies, non-feasance and malfeasance with the current crisis continues.
KPIG Radio / The Profit Motive December 12
Europe gets tested again, the price of waffling. The, no audit, Fed’s latest Euro swap line passes 50 billion, its taxpayer funds why the secrecy?
KPIG Radio / The Profit Motive December 9
The tab for the financial sector bailout 29.6 Trillion and counting according to the Levy Institute. Yet the regulators still do not enforce the rules or law.
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
