Comments on: Local Unemployment Nearly on Par with National Rate http://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/ local real estate news, statistics, and commentary without the sales spin. Sat, 20 Mar 2010 07:48:56 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Hermanhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68591 Herman Thu, 19 Mar 2009 03:55:26 +0000 http://seattlebubble.com/blog/?p=4771#comment-68591 Inflation protected bonds jumped in value by 5% today.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68591','Herman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68591','Herman','Inflation protected bonds jumped in value by 5% today.',''); return false;">Quote</a></div> Inflation protected bonds jumped in value by 5% today.
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]]> By: Today: Fed announces $750 Billion to purchase Freddie & Fannie MBS. | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.http://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68583 Today: Fed announces $750 Billion to purchase Freddie & Fannie MBS. | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. Thu, 19 Mar 2009 02:07:53 +0000 http://seattlebubble.com/blog/?p=4771#comment-68583 [...] With that in mind, the additional $750 Billion in stimulus is meant to drop the rates to such attractive levels that it will encourage home sales and refinance activity. The sales going forward will theoretically place a building block or foundation for holding values at a point that will at least slow or level off further declines. This is a positive development for those both refinancing and for sellers, if it can take root. Whether or not it will take root remains to be seen due to many other factors. [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68583','Today: Fed announces $750 Billion to purchase Freddie & Fannie MBS. | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68583','Today: Fed announces $750 Billion to purchase Freddie & Fannie MBS. | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.','[...] With that in mind, the additional $750 Billion in stimulus is meant to drop the rates to such attractive levels that it will encourage home sales and refinance activity. The sales going forward will theoretically place a building block or foundation for holding values at a point that will at least slow or level off further declines. This is a positive development for those both refinancing and for sellers, if it can take root. Whether or not it will take root remains to be seen due to many other factors. [...]',''); return false;">Quote</a></div> [...] With that in mind, the additional $750 Billion in stimulus is meant to drop the rates to such attractive levels that it will encourage home sales and refinance activity. The sales going forward will theoretically place a building block or foundation for holding values at a point that will at least slow or level off further declines. This is a positive development for those both refinancing and for sellers, if it can take root. Whether or not it will take root remains to be seen due to many other factors. [...]
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]]> By: Mikalhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68579 Mikal Thu, 19 Mar 2009 01:49:20 +0000 http://seattlebubble.com/blog/?p=4771#comment-68579 <b>RE:</b> <a href='#comment-68542' rel="nofollow">dancingeek @ 17</a> - If dollars are being dumped into the system then it will artificially make house values remain constant or increase due to inflation. Correct? There were a number of people here claiming that the fed would not do this. Yet Bernanke on 60 minutes claimed to be doing exactly that.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68579','Mikal',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68579','Mikal','<b>RE:<\/b> <a href=\'#comment-68542\' rel=\"nofollow\">dancingeek @ 17<\/a> - If dollars are being dumped into the system then it will artificially make house values remain constant or increase due to inflation. Correct? There were a number of people here claiming that the fed would not do this. Yet Bernanke on 60 minutes claimed to be doing exactly that.',''); return false;">Quote</a></div> RE: dancingeek @ 17 – If dollars are being dumped into the system then it will artificially make house values remain constant or increase due to inflation. Correct? There were a number of people here claiming that the fed would not do this. Yet Bernanke on 60 minutes claimed to be doing exactly that.
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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68576 Ray Pepper Thu, 19 Mar 2009 01:38:06 +0000 http://seattlebubble.com/blog/?p=4771#comment-68576 <b>RE:</b> <a href='#comment-68563' rel="nofollow">Scotsman @ 21</a> -Please explain?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68576','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68576','Ray Pepper','<b>RE:<\/b> <a href=\'#comment-68563\' rel=\"nofollow\">Scotsman @ 21<\/a> - \r\n\r\nPlease explain?',''); return false;">Quote</a></div> RE: Scotsman @ 21 –

Please explain?

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]]> By: Scotsmanhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68563 Scotsman Thu, 19 Mar 2009 00:17:22 +0000 http://seattlebubble.com/blog/?p=4771#comment-68563 Sorry, Ray, but I think it's all going back to your savings/wallet, not the banks. Unless you don't pay taxes.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68563','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68563','Scotsman','Sorry, Ray, but I think it\'s all going back to your savings\/wallet, not the banks. Unless you don\'t pay taxes.',''); return false;">Quote</a></div> Sorry, Ray, but I think it’s all going back to your savings/wallet, not the banks. Unless you don’t pay taxes.
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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68552 Ray Pepper Wed, 18 Mar 2009 23:32:06 +0000 http://seattlebubble.com/blog/?p=4771#comment-68552 <b>RE:</b> <a href='#comment-68546' rel="nofollow">Objectivity @ 18</a> - <b>RE:</b> <a href='#comment-68546' rel="nofollow">Objectivity @ 18</a> -dont shoot the messenger. I agree. Much of this will delay the inevitable........All this crap still has to go back to the banks..either this year, next, or thereafter.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68552','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68552','Ray Pepper','<b>RE:<\/b> <a href=\'#comment-68546\' rel=\"nofollow\">Objectivity @ 18<\/a> - <b>RE:<\/b> <a href=\'#comment-68546\' rel=\"nofollow\">Objectivity @ 18<\/a> - \r\n\r\ndont shoot the messenger. I agree. Much of this will delay the inevitable........All this crap still has to go back to the banks..either this year, next, or thereafter.',''); return false;">Quote</a></div> RE: Objectivity @ 18 – RE: Objectivity @ 18 –

dont shoot the messenger. I agree. Much of this will delay the inevitable……..All this crap still has to go back to the banks..either this year, next, or thereafter.

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]]> By: WestSideBillyhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68551 WestSideBilly Wed, 18 Mar 2009 23:23:37 +0000 http://seattlebubble.com/blog/?p=4771#comment-68551 <b>RE:</b> <a href='#comment-68542' rel="nofollow">dancingeek @ 17</a> - He meant the U3 number. U6 is already over 15%, probably closer to 20% in King County.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68551','WestSideBilly',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68551','WestSideBilly','<b>RE:<\/b> <a href=\'#comment-68542\' rel=\"nofollow\">dancingeek @ 17<\/a> - He meant the U3 number. U6 is already over 15%, probably closer to 20% in King County.',''); return false;">Quote</a></div> RE: dancingeek @ 17 – He meant the U3 number. U6 is already over 15%, probably closer to 20% in King County.
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]]> By: Objectivityhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68546 Objectivity Wed, 18 Mar 2009 22:22:52 +0000 http://seattlebubble.com/blog/?p=4771#comment-68546 Great Ray-Now more people can qualify for loans on over-priced homes, and lose their shirts when the house of cards eventually falls.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68546','Objectivity',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68546','Objectivity','Great Ray-\r\n\r\nNow more people can qualify for loans on over-priced homes, and lose their shirts when the house of cards eventually falls.',''); return false;">Quote</a></div> Great Ray-

Now more people can qualify for loans on over-priced homes, and lose their shirts when the house of cards eventually falls.

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]]> By: dancingeekhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68542 dancingeek Wed, 18 Mar 2009 22:04:42 +0000 http://seattlebubble.com/blog/?p=4771#comment-68542 <i>If past performance is any indication of where we are headed this time, we could easily end up seeing 15% unemployment here in King County before things start to improve.</i>The Tim, what is this 15% projection based upon? Are you talking about the U6 number (unlikely since it's unknown) or the U3 number? U3 hitting 15% sounds pretty dire...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68542','dancingeek',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68542','dancingeek','<i>If past performance is any indication of where we are headed this time, we could easily end up seeing 15% unemployment here in King County before things start to improve.<\/i>\r\n\r\nThe Tim, what is this 15% projection based upon? Are you talking about the U6 number (unlikely since it\'s unknown) or the U3 number? U3 hitting 15% sounds pretty dire...',''); return false;">Quote</a></div> If past performance is any indication of where we are headed this time, we could easily end up seeing 15% unemployment here in King County before things start to improve.

The Tim, what is this 15% projection based upon? Are you talking about the U6 number (unlikely since it’s unknown) or the U3 number? U3 hitting 15% sounds pretty dire…

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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68541 Ray Pepper Wed, 18 Mar 2009 22:04:11 +0000 http://seattlebubble.com/blog/?p=4771#comment-68541 <b>RE:</b> <a href='#comment-68537' rel="nofollow">S-Crow @ 14</a> -"Probably"---try "WILL FALL" but will the people see it or will it line the pockets of the Mtg Reps?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68541','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68541','Ray Pepper','<b>RE:<\/b> <a href=\'#comment-68537\' rel=\"nofollow\">S-Crow @ 14<\/a> - \r\n\r\n\"Probably\"---try \"WILL FALL\" but will the people see it or will it line the pockets of the Mtg Reps?',''); return false;">Quote</a></div> RE: S-Crow @ 14 –

“Probably”—try “WILL FALL” but will the people see it or will it line the pockets of the Mtg Reps?

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]]> By: Objectivityhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68538 Objectivity Wed, 18 Mar 2009 21:18:40 +0000 http://seattlebubble.com/blog/?p=4771#comment-68538 WHAT A JOKE!!!STOP PRINTING MONEY TO ARTICIALLY INFLATE PRICES!!!! WE WILL NEVER RECOVER UNTIL WE TRULY HIT BOTTOM.Crap like this will only prolong the pain.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68538','Objectivity',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68538','Objectivity','WHAT A JOKE!!! \r\n\r\nSTOP PRINTING MONEY TO ARTICIALLY INFLATE PRICES!!!! WE WILL NEVER RECOVER UNTIL WE TRULY HIT BOTTOM. \r\n\r\nCrap like this will only prolong the pain.',''); return false;">Quote</a></div> WHAT A JOKE!!!

STOP PRINTING MONEY TO ARTICIALLY INFLATE PRICES!!!! WE WILL NEVER RECOVER UNTIL WE TRULY HIT BOTTOM.

Crap like this will only prolong the pain.

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]]> By: S-Crowhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68537 S-Crow Wed, 18 Mar 2009 21:12:42 +0000 http://seattlebubble.com/blog/?p=4771#comment-68537 Mortgage Interest rates will probably fall (improve) very soon due to the massive MBS purchases announced today.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68537','S-Crow',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68537','S-Crow','Mortgage Interest rates will probably fall (improve) very soon due to the massive MBS purchases announced today.',''); return false;">Quote</a></div> Mortgage Interest rates will probably fall (improve) very soon due to the massive MBS purchases announced today.
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]]> By: jonhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68534 jon Wed, 18 Mar 2009 20:17:45 +0000 http://seattlebubble.com/blog/?p=4771#comment-68534 In addition to the $300B in treasury bills, the Fed is also pumping $850B into mortgage backed securities and Freddie/Fannie debt. That's enough money being freed up to pay about $200K for every house now for sale on the market. I'd say that is a pretty big change in the economy.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68534','jon',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68534','jon','In addition to the $300B in treasury bills, the Fed is also pumping $850B into mortgage backed securities and Freddie\/Fannie debt. That\'s enough money being freed up to pay about $200K for every house now for sale on the market. I\'d say that is a pretty big change in the economy.',''); return false;">Quote</a></div> In addition to the $300B in treasury bills, the Fed is also pumping $850B into mortgage backed securities and Freddie/Fannie debt. That’s enough money being freed up to pay about $200K for every house now for sale on the market. I’d say that is a pretty big change in the economy.
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]]> By: Kary L. Krismerhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68533 Kary L. Krismer Wed, 18 Mar 2009 19:56:50 +0000 http://seattlebubble.com/blog/?p=4771#comment-68533 <b>RE:</b> <a href='#comment-68532' rel="nofollow">SeattleMoose @ 11</a> - After we build all those roads with the stimulus money it will be even better! By then there just might not be anyone who can afford to drive on them.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68533','Kary L. Krismer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68533','Kary L. Krismer','<b>RE:<\/b> <a href=\'#comment-68532\' rel=\"nofollow\">SeattleMoose @ 11<\/a> - After we build all those roads with the stimulus money it will be even better! By then there just might not be anyone who can afford to drive on them.',''); return false;">Quote</a></div> RE: SeattleMoose @ 11 – After we build all those roads with the stimulus money it will be even better! By then there just might not be anyone who can afford to drive on them.
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]]> By: SeattleMoosehttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68532 SeattleMoose Wed, 18 Mar 2009 19:52:37 +0000 http://seattlebubble.com/blog/?p=4771#comment-68532 Well, the commute has noticeably improved.....<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68532','SeattleMoose',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68532','SeattleMoose','Well, the commute has noticeably improved.....',''); return false;">Quote</a></div> Well, the commute has noticeably improved…..
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]]> By: Scotsmanhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68531 Scotsman Wed, 18 Mar 2009 19:48:41 +0000 http://seattlebubble.com/blog/?p=4771#comment-68531 Sorry guys, but $300 billion is a drop in the bucket up against already guaranteed trillion dollar deficits and the additional trillions of planned federal programs that haven't been finalized yet. Oh, and lets add in the tens of trillions of lost wealth over the last year or so. This might take the S+P to 850 and the Dow to 9000, but then it's all down hill again. We're seeing the last desperate efforts to save a sinking ship, the expected solid mid plunge rally one expects in a bear market. But we haven't seen a single fundamental change in the economy as a whole. This rally will be carried by the coming change in mark-to-market accounting requirements (April?) but by early summer it's off to the bottom again. The people are being played by the politicians and their banker friends.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68531','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68531','Scotsman','Sorry guys, but $300 billion is a drop in the bucket up against already guaranteed trillion dollar deficits and the additional trillions of planned federal programs that haven\'t been finalized yet. Oh, and lets add in the tens of trillions of lost wealth over the last year or so. This might take the S+P to 850 and the Dow to 9000, but then it\'s all down hill again. We\'re seeing the last desperate efforts to save a sinking ship, the expected solid mid plunge rally one expects in a bear market. But we haven\'t seen a single fundamental change in the economy as a whole. This rally will be carried by the coming change in mark-to-market accounting requirements (April?) but by early summer it\'s off to the bottom again. The people are being played by the politicians and their banker friends.',''); return false;">Quote</a></div> Sorry guys, but $300 billion is a drop in the bucket up against already guaranteed trillion dollar deficits and the additional trillions of planned federal programs that haven’t been finalized yet. Oh, and lets add in the tens of trillions of lost wealth over the last year or so. This might take the S+P to 850 and the Dow to 9000, but then it’s all down hill again. We’re seeing the last desperate efforts to save a sinking ship, the expected solid mid plunge rally one expects in a bear market. But we haven’t seen a single fundamental change in the economy as a whole. This rally will be carried by the coming change in mark-to-market accounting requirements (April?) but by early summer it’s off to the bottom again. The people are being played by the politicians and their banker friends.
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]]> By: jonhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68530 jon Wed, 18 Mar 2009 19:39:22 +0000 http://seattlebubble.com/blog/?p=4771#comment-68530 Sniglet must be busy recording a new podcast explaining how the dollar plunging against all other currencies is deflationary.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68530','jon',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68530','jon','Sniglet must be busy recording a new podcast explaining how the dollar plunging against all other currencies is deflationary.',''); return false;">Quote</a></div> Sniglet must be busy recording a new podcast explaining how the dollar plunging against all other currencies is deflationary.
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]]> By: jonhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68529 jon Wed, 18 Mar 2009 19:36:06 +0000 http://seattlebubble.com/blog/?p=4771#comment-68529 Financing the federal deficit by paying for it with newly printed money. What could go wrong?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68529','jon',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68529','jon','Financing the federal deficit by paying for it with newly printed money. What could go wrong?',''); return false;">Quote</a></div> Financing the federal deficit by paying for it with newly printed money. What could go wrong?
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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68527 Ray Pepper Wed, 18 Mar 2009 19:34:12 +0000 http://seattlebubble.com/blog/?p=4771#comment-68527 <b>RE:</b> <a href='#comment-68526' rel="nofollow">deejayoh @ 6</a> - 100% correct!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68527','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68527','Ray Pepper','<b>RE:<\/b> <a href=\'#comment-68526\' rel=\"nofollow\">deejayoh @ 6<\/a> - \r\n100% correct!',''); return false;">Quote</a></div> RE: deejayoh @ 6 –
100% correct!
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]]> By: deejayohhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68526 deejayoh Wed, 18 Mar 2009 19:33:07 +0000 http://seattlebubble.com/blog/?p=4771#comment-68526 I think the only potential glimmer of hope is that unemployment is a lagging indicator of economic activity. Usually by the time it peaks the economy is already back in growth mode. As an indicator of future potential it has very little predictive value.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68526','deejayoh',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68526','deejayoh','I think the only potential glimmer of hope is that unemployment is a lagging indicator of economic activity. Usually by the time it peaks the economy is already back in growth mode. As an indicator of future potential it has very little predictive value.',''); return false;">Quote</a></div> I think the only potential glimmer of hope is that unemployment is a lagging indicator of economic activity. Usually by the time it peaks the economy is already back in growth mode. As an indicator of future potential it has very little predictive value.
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]]> By: Scotsmanhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68525 Scotsman Wed, 18 Mar 2009 19:28:29 +0000 http://seattlebubble.com/blog/?p=4771#comment-68525 Um, make that "unabating". What happened to my edit function?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68525','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68525','Scotsman','Um, make that \"unabating\". What happened to my edit function?',''); return false;">Quote</a></div> Um, make that “unabating”. What happened to my edit function?
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]]> By: Scotsmanhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68524 Scotsman Wed, 18 Mar 2009 19:27:31 +0000 http://seattlebubble.com/blog/?p=4771#comment-68524 My god, look at the slope of those curves- unprecedented and seemingly abating."To infinity- and beyond!!"<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68524','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68524','Scotsman','My god, look at the slope of those curves- unprecedented and seemingly abating.\r\n\r\n\"To infinity- and beyond!!\"',''); return false;">Quote</a></div> My god, look at the slope of those curves- unprecedented and seemingly abating.

“To infinity- and beyond!!”

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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68522 Ray Pepper Wed, 18 Mar 2009 19:23:44 +0000 http://seattlebubble.com/blog/?p=4771#comment-68522 The FED could care less about inflation now. As I like to say at the Muckleshoot Poker Room:"I'm all in"The Fed is saying the same.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68522','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68522','Ray Pepper','The FED could care less about inflation now. As I like to say at the Muckleshoot Poker Room:\r\n\r\n\"I\'m all in\" \r\n\r\nThe Fed is saying the same.',''); return false;">Quote</a></div> The FED could care less about inflation now. As I like to say at the Muckleshoot Poker Room:

“I’m all in”

The Fed is saying the same.

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]]> By: Kary L. Krismerhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68520 Kary L. Krismer Wed, 18 Mar 2009 19:14:51 +0000 http://seattlebubble.com/blog/?p=4771#comment-68520 I wonder how much of this is due to small/medium size businesses either not being able to get loans, or being concerned they won't be able to in the future?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68520','Kary L. Krismer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68520','Kary L. Krismer','I wonder how much of this is due to small\/medium size businesses either not being able to get loans, or being concerned they won\'t be able to in the future?',''); return false;">Quote</a></div> I wonder how much of this is due to small/medium size businesses either not being able to get loans, or being concerned they won’t be able to in the future?
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]]> By: Ray Pepperhttp://seattlebubble.com/blog/2009/03/18/local-unemployment-nearly-on-par-with-national-rate/#comment-68519 Ray Pepper Wed, 18 Mar 2009 19:11:38 +0000 http://seattlebubble.com/blog/?p=4771#comment-68519 Optimism? You don't need to look any further then todays NEWS:Fed to purchase up to 300 Billion of Longer-Term Treasury Securities over next 6 months!!Now that is Bullish!!Money going directly where there funds are needed and should stabilize the patient."The Fed will employ all available tools to promote economic recovery and to preserve price stability"Just a HUGE HUGE DAY!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('68519','Ray Pepper',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('68519','Ray Pepper','Optimism? You don\'t need to look any further then todays NEWS:\r\n\r\nFed to purchase up to 300 Billion of Longer-Term Treasury Securities over next 6 months!!\r\n\r\nNow that is Bullish!!\r\n\r\nMoney going directly where there funds are needed and should stabilize the patient. \r\n\r\n\"The Fed will employ all available tools to promote economic recovery and to preserve price stability\"\r\n\r\nJust a HUGE HUGE DAY!',''); return false;">Quote</a></div> Optimism? You don’t need to look any further then todays NEWS:

Fed to purchase up to 300 Billion of Longer-Term Treasury Securities over next 6 months!!

Now that is Bullish!!

Money going directly where there funds are needed and should stabilize the patient.

“The Fed will employ all available tools to promote economic recovery and to preserve price stability”

Just a HUGE HUGE DAY!

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