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	<title>New Jersey CFO &#187; Negative Cash Flow</title>
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	<link>http://honorofgod.org/blog9</link>
	<description>It&#039;s Not Business As Usual</description>
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		<title>War leads to prosperity!&#8230;Think again.</title>
		<link>http://honorofgod.org/blog9/2010/09/12/war-leads-to-prosperity-think-again/</link>
		<comments>http://honorofgod.org/blog9/2010/09/12/war-leads-to-prosperity-think-again/#comments</comments>
		<pubDate>Sun, 12 Sep 2010 13:15:05 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Analysis & Commentary]]></category>
		<category><![CDATA[Back to the basics]]></category>
		<category><![CDATA[Deficit Death Spiral]]></category>
		<category><![CDATA[Deflation-Inflation-Stagflation]]></category>
		<category><![CDATA[Deleveraging]]></category>
		<category><![CDATA[Dismal Science-Ignorant Scientists?]]></category>
		<category><![CDATA[Economic Analysis Isn't Science]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Integrity and Responsibility]]></category>
		<category><![CDATA[Is The Market Rally Real?]]></category>
		<category><![CDATA[It Is Nice To Be Part of the Elite!]]></category>
		<category><![CDATA[It Is Supposed to be a Republic!]]></category>
		<category><![CDATA[It starts with a foundation]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Moral Hazard]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Obama Bingo]]></category>
		<category><![CDATA[Obama's Hypocrisy]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>
		<category><![CDATA[Political Chaos]]></category>
		<category><![CDATA[Small Business-Bedrock of America]]></category>
		<category><![CDATA[Smaller Can Be Better]]></category>
		<category><![CDATA[Socialism]]></category>
		<category><![CDATA[TARP fruit loops]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Taxes and Taxes]]></category>
		<category><![CDATA[The American Financial Oligarchy]]></category>
		<category><![CDATA[The Arrogance of Power]]></category>
		<category><![CDATA[The Consequences of Greed]]></category>
		<category><![CDATA[The Democrats Blew It Again]]></category>
		<category><![CDATA[The End of American Capitalism As We Know It? - Discuss]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Importance of Strategic Planning]]></category>
		<category><![CDATA[The Inherent Disorder of Empires]]></category>
		<category><![CDATA[The Intrusion of UNLAWFUL Authority]]></category>
		<category><![CDATA[The New American Socialism]]></category>
		<category><![CDATA[The Obama OMG magic factory]]></category>
		<category><![CDATA[The Sorry State Of American Manufacturing]]></category>
		<category><![CDATA[The Suffering Poor]]></category>
		<category><![CDATA[Unemployment Catastrophe]]></category>
		<category><![CDATA[Unindicted Co-Conspiritors]]></category>
		<category><![CDATA[Unintended Consequences]]></category>
		<category><![CDATA[US Trade Imbalance]]></category>
		<category><![CDATA[USA Is the New Japan]]></category>
		<category><![CDATA[Wage Deflation]]></category>
		<category><![CDATA[Watch The China Market]]></category>
		<category><![CDATA[We Are All Cooked]]></category>
		<category><![CDATA[We Have Become Beggars To The World]]></category>
		<category><![CDATA[Who Guarantees the Guarantor?-You Do!]]></category>
		<category><![CDATA[Who owns Congress-Still!]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=1630</guid>
		<description><![CDATA[The Nobel Prize committee has never withdrawn a prize. It might want to consider it. In Tuesday’s New York Times, prizewinner in economics, Paul Krugman reveals either that he knows nothing about economics…or that there is nothing worth knowing in it. We’re beginning to think it’s the latter. “From an economic point of view,” he <a href='http://honorofgod.org/blog9/2010/09/12/war-leads-to-prosperity-think-again/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2010/09/12/war-leads-to-prosperity-think-again/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Playing The Market Plunge</title>
		<link>http://honorofgod.org/blog9/2010/05/08/playing-the-market-plunge/</link>
		<comments>http://honorofgod.org/blog9/2010/05/08/playing-the-market-plunge/#comments</comments>
		<pubDate>Sat, 08 May 2010 12:48:21 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Market Strategies]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=1508</guid>
		<description><![CDATA[investors should marshal their cash smartly. For a decade or more, Wall Street&#8217;s financial-planning machinery has claimed to have optimized the investing equation and boiled it down to simple calculations encouraging investors to abide by asset-allocation models heavy reliant on stocks, bonds and alternative assets. Cash was generally limited to a small fraction of an <a href='http://honorofgod.org/blog9/2010/05/08/playing-the-market-plunge/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2010/05/08/playing-the-market-plunge/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Carl Levin Got Goldman Sachs&#8217;s Goat</title>
		<link>http://honorofgod.org/blog9/2010/05/01/how-carl-levin-got-goldman-sachss-goat/</link>
		<comments>http://honorofgod.org/blog9/2010/05/01/how-carl-levin-got-goldman-sachss-goat/#comments</comments>
		<pubDate>Sat, 01 May 2010 16:42:24 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Goldman: Underwriter or Undertaker?]]></category>
		<category><![CDATA[Integrity and Responsibility]]></category>
		<category><![CDATA[Is Goldman Sachs Evil?]]></category>
		<category><![CDATA[It Is Nice To Be Part of the Elite!]]></category>
		<category><![CDATA[IT'S ALL ABOUT POWER AND MONEY]]></category>
		<category><![CDATA[Naked]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[No Bank Is Indispensable]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Regulatory Failures]]></category>
		<category><![CDATA[Residential Market]]></category>
		<category><![CDATA[Stupid!]]></category>
		<category><![CDATA[Sub-Prime anytime]]></category>
		<category><![CDATA[TARP fruit loops]]></category>
		<category><![CDATA[The American Financial Oligarchy]]></category>
		<category><![CDATA[The Arrogance of Power]]></category>
		<category><![CDATA[The Consequences of Greed]]></category>
		<category><![CDATA[The Financial Elite]]></category>
		<category><![CDATA[The Geithner Resignation Watch]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=1505</guid>
		<description><![CDATA[Interview by Paul Smalera, senior editorApril 30, 2010: 3:21 PM ET (Fortune) &#8212; At Tuesday&#8217;s epic Goldman Sachs hearing, Senator Carl Levin of Michigan led a public grilling of Wall Street not seen by a government panel since the Depression-investigating Pecora Commission. Fortune wanted to know what Levin thought of the answers he got from <a href='http://honorofgod.org/blog9/2010/05/01/how-carl-levin-got-goldman-sachss-goat/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2010/05/01/how-carl-levin-got-goldman-sachss-goat/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Does It Make Sense to Resurrect the Glass-Steagall Act?</title>
		<link>http://honorofgod.org/blog9/2010/02/20/does-it-make-sense-to-resurrect-the-glass-steagall-act/</link>
		<comments>http://honorofgod.org/blog9/2010/02/20/does-it-make-sense-to-resurrect-the-glass-steagall-act/#comments</comments>
		<pubDate>Sat, 20 Feb 2010 14:03:06 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[A Growing List Of One Term Presidents]]></category>
		<category><![CDATA[A Moral Question - Not A Political One]]></category>
		<category><![CDATA[A Shareholder-Not Just a "Stakeholder"]]></category>
		<category><![CDATA[A State of Distress]]></category>
		<category><![CDATA[A Time To Repent]]></category>
		<category><![CDATA[AIG and all that.....]]></category>
		<category><![CDATA[Audit the auditors?]]></category>
		<category><![CDATA[“the Greenspan doctrine”]]></category>
		<category><![CDATA[Back to the basics]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banks - Crisis Discussion]]></category>
		<category><![CDATA[Collateral Damage]]></category>
		<category><![CDATA[Consumption Ran the Old Economy]]></category>
		<category><![CDATA[Coup d'etat in America]]></category>
		<category><![CDATA[Figures don't lie but Liars can figure]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[No Bank Is Indispensable]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[PANDEMIC]]></category>
		<category><![CDATA[Regulation - the Discussion]]></category>
		<category><![CDATA[Regulatory Failures]]></category>
		<category><![CDATA[The Consequences of Greed]]></category>
		<category><![CDATA[The Democrats Blew It Again]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Financial Elite]]></category>
		<category><![CDATA[The Geithner Resignation Watch]]></category>
		<category><![CDATA[The Importance of Strategic Planning]]></category>
		<category><![CDATA[The Joy of Being A Bank]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=1423</guid>
		<description><![CDATA[In the present system, the more unrestricted the banks are, the more money they can generate &#8220;out of thin air,&#8221; and the more damage they can inflict upon the wealth-generation process. FULL ARTICLE by Frank Shostak]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2010/02/20/does-it-make-sense-to-resurrect-the-glass-steagall-act/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Short Question For Senior Officials Of The New York Fed</title>
		<link>http://honorofgod.org/blog9/2009/10/04/a-short-question-for-senior-officials-of-the-new-york-fed/</link>
		<comments>http://honorofgod.org/blog9/2009/10/04/a-short-question-for-senior-officials-of-the-new-york-fed/#comments</comments>
		<pubDate>Sun, 04 Oct 2009 15:19:06 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Jacksonian Democracy]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Monetary Policy - Discussion]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Obama's Hypocrisy]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Political Implications]]></category>
		<category><![CDATA[Regulatory Failures]]></category>
		<category><![CDATA[Small Business-Bedrock of America]]></category>
		<category><![CDATA[The Arrogance of Power]]></category>
		<category><![CDATA[The Democrats Blew It Again]]></category>
		<category><![CDATA[The End of American Capitalism As We Know It? - Discuss]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Financial Elite]]></category>
		<category><![CDATA[The Inherent Disorder of Empires]]></category>
		<category><![CDATA[The Intrusion of UNLAWFUL Authority]]></category>
		<category><![CDATA[The Joy of Being A Bank]]></category>
		<category><![CDATA[Truth In Charity]]></category>
		<category><![CDATA[Unindicted Co-Conspiritors]]></category>
		<category><![CDATA[Who Guarantees the Guarantor?-You Do!]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=1152</guid>
		<description><![CDATA[At the height of the financial panic last fall Goldman Sachs became a bank holding company, which enabled it to borrow directly from the Federal Reserve.  It also became subject to supervision by the Federal Reserve Board (with the NY Fed on point) – hence the brouhaha over Steven Friedman’s shareholdings. Goldman is also currently engaged in private equity <a href='http://honorofgod.org/blog9/2009/10/04/a-short-question-for-senior-officials-of-the-new-york-fed/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/10/04/a-short-question-for-senior-officials-of-the-new-york-fed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A CLOSER LOOK AT THOSE GREAT HOUSING FIGURES</title>
		<link>http://honorofgod.org/blog9/2009/07/29/a-closer-look-at-those-great-housing-figures/</link>
		<comments>http://honorofgod.org/blog9/2009/07/29/a-closer-look-at-those-great-housing-figures/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 13:05:42 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Residential Market]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=726</guid>
		<description><![CDATA[Just yesterday, for instance, the Commerce Department reported that new-home sales grew at an annualized rate of 11 percent last month, which was much better than people were expecting. And if you look under the covers, the annualized rate actually understated the sales pace of 36,000 new dwellings that were bought last month. Sales of <a href='http://honorofgod.org/blog9/2009/07/29/a-closer-look-at-those-great-housing-figures/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/07/29/a-closer-look-at-those-great-housing-figures/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Securitization was maddeningly complex. Mandated transparency is the only solution.</title>
		<link>http://honorofgod.org/blog9/2009/07/21/securitization-was-maddeningly-complex-mandated-transparency-is-the-only-solution/</link>
		<comments>http://honorofgod.org/blog9/2009/07/21/securitization-was-maddeningly-complex-mandated-transparency-is-the-only-solution/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 14:02:08 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Audit the auditors?]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Cash Flow]]></category>
		<category><![CDATA[Deleveraging]]></category>
		<category><![CDATA[Did they ever hear of GAAP?]]></category>
		<category><![CDATA[Lending Crisis]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[No Bank Is Indispensable]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>
		<category><![CDATA[Political Chaos]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=688</guid>
		<description><![CDATA[With so much complexity, and uncertainty about future performance, it is not surprising that the securities are difficult to price and that trading dried up. Without market prices, valuation on the books of banks is suspect and counterparties are reluctant to deal with each other. The policy response to this problem has been circuitous. The <a href='http://honorofgod.org/blog9/2009/07/21/securitization-was-maddeningly-complex-mandated-transparency-is-the-only-solution/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/07/21/securitization-was-maddeningly-complex-mandated-transparency-is-the-only-solution/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>The end of the recession will merely be the start of a long, painful journey, says Edmund Conway.</title>
		<link>http://honorofgod.org/blog9/2009/07/09/the-end-of-the-recession-will-merely-be-the-start-of-a-long-painful-journey-says-edmund-conway/</link>
		<comments>http://honorofgod.org/blog9/2009/07/09/the-end-of-the-recession-will-merely-be-the-start-of-a-long-painful-journey-says-edmund-conway/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 12:30:46 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Important Skills - No Apprentice Programs]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Integrity and Responsibility]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[No Bank Is Indispensable]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>
		<category><![CDATA[The Importance of Strategic Planning]]></category>
		<category><![CDATA[The New American Socialism]]></category>
		<category><![CDATA[The Sorry State Of American Manufacturing]]></category>
		<category><![CDATA[Truth In Charity]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=614</guid>
		<description><![CDATA[t&#8217;s a game of far more than two halves: more tactical than cricket, more stomach-churning than boxing and more complex than bridge. Throughout a magnificent summer of sport, one competition has lasted longer than any other, and generated the most heated debate. Its goal? To guess when the recession will end. Every week, it seems, <a href='http://honorofgod.org/blog9/2009/07/09/the-end-of-the-recession-will-merely-be-the-start-of-a-long-painful-journey-says-edmund-conway/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/07/09/the-end-of-the-recession-will-merely-be-the-start-of-a-long-painful-journey-says-edmund-conway/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Transparency: The Largest Bankruptcies in History</title>
		<link>http://honorofgod.org/blog9/2009/06/16/transparency-the-largest-bankruptcies-in-history/</link>
		<comments>http://honorofgod.org/blog9/2009/06/16/transparency-the-largest-bankruptcies-in-history/#comments</comments>
		<pubDate>Tue, 16 Jun 2009 11:44:09 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[History of Finance]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=389</guid>
		<description><![CDATA[Last week, General Motors began the fourth largest bankruptcy proceedings in history, joining the many other large and venerable companies that have sunk to the bottom during this economic crisis. In fact, eight of the 20 largest bankruptcies have happened during the last two years of crisis. Our latest Transparency is a look at the <a href='http://honorofgod.org/blog9/2009/06/16/transparency-the-largest-bankruptcies-in-history/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forgetting What We Learned</title>
		<link>http://honorofgod.org/blog9/2009/06/06/forgetting-what-we-learned/</link>
		<comments>http://honorofgod.org/blog9/2009/06/06/forgetting-what-we-learned/#comments</comments>
		<pubDate>Sat, 06 Jun 2009 14:13:20 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[A State of Distress]]></category>
		<category><![CDATA[Back to the basics]]></category>
		<category><![CDATA[China and the Treasuries - A Dependency Relationship]]></category>
		<category><![CDATA[Coup d'etat in America]]></category>
		<category><![CDATA[Death of the Dollar]]></category>
		<category><![CDATA[Deflation-Inflation-Stagflation]]></category>
		<category><![CDATA[Global Trade]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Libertarianism - the Debate]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>
		<category><![CDATA[Political Chaos]]></category>
		<category><![CDATA[The End of American Capitalism As We Know It? - Discuss]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Importance of Strategic Planning]]></category>
		<category><![CDATA[The New American Socialism]]></category>
		<category><![CDATA[The Rand Gene]]></category>
		<category><![CDATA[The Sorry State Of American Manufacturing]]></category>
		<category><![CDATA[Unemployment Catastrophe]]></category>
		<category><![CDATA[US Trade Imbalance]]></category>
		<category><![CDATA[Wage Deflation]]></category>
		<category><![CDATA[We Have Become Beggars To The World]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=337</guid>
		<description><![CDATA[ILLITERACY IN HIGH PLACES by Paul Craig Roberts If a person lives long enough, he can watch everyone forget everything they learned. Everyone includes Federal Reserve Chairmen, economists, Bank of America “strategists,” and even Bloomberg.com. Federal Reserve Chairman Ben Bernanke thinks he can hold down US long-term interest rates by purchasing mortgage bonds and US <a href='http://honorofgod.org/blog9/2009/06/06/forgetting-what-we-learned/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>It’s Official: Worst Recession in Five Decades</title>
		<link>http://honorofgod.org/blog9/2009/05/27/it%e2%80%99s-official-worst-recession-in-five-decades/</link>
		<comments>http://honorofgod.org/blog9/2009/05/27/it%e2%80%99s-official-worst-recession-in-five-decades/#comments</comments>
		<pubDate>Wed, 27 May 2009 16:41:06 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Back to the basics]]></category>
		<category><![CDATA[Coming Social Unrest]]></category>
		<category><![CDATA[Coup d'etat in America]]></category>
		<category><![CDATA[History of Finance]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Integrity and Responsibility]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Political Chaos]]></category>
		<category><![CDATA[The End of American Capitalism As We Know It? - Discuss]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Financial Elite]]></category>
		<category><![CDATA[The Geithner Resignation Watch]]></category>
		<category><![CDATA[The Global Economy]]></category>
		<category><![CDATA[The New American Socialism]]></category>
		<category><![CDATA[Those Quarky Accounting Rules]]></category>
		<category><![CDATA[Unemployment Catastrophe]]></category>
		<category><![CDATA[US Trade Imbalance]]></category>
		<category><![CDATA[Wage Deflation]]></category>
		<category><![CDATA[We Have Become Beggars To The World]]></category>
		<category><![CDATA[Who Guarantees the Guarantor?-You Do!]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=292</guid>
		<description><![CDATA[This recession is now the worst since at least 1958, which is as far back as the index of coincident indicators stretches back. The Conference Board reported today that the index, which is intended to measure how the economy is doing on an overall basis, slipped a little in April. The decline was smaller than <a href='http://honorofgod.org/blog9/2009/05/27/it%e2%80%99s-official-worst-recession-in-five-decades/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/05/27/it%e2%80%99s-official-worst-recession-in-five-decades/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ARMs Away!</title>
		<link>http://honorofgod.org/blog9/2009/05/27/arms-away/</link>
		<comments>http://honorofgod.org/blog9/2009/05/27/arms-away/#comments</comments>
		<pubDate>Wed, 27 May 2009 16:28:32 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Lending Crisis]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Our phony middle class]]></category>
		<category><![CDATA[Residential Market]]></category>
		<category><![CDATA[Sub-Prime anytime]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=286</guid>
		<description><![CDATA[Subprime is done. All the teaser rates are over, the interest rates have reset and the writing is on the wall. But in the coming quarters, the scenario will play out with other exotic mortgages, Option ARM (pick-a-pay), Alt-A, etc. The homebuyers may have had better credit, but they had the same strategy: Get a <a href='http://honorofgod.org/blog9/2009/05/27/arms-away/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Beggars Are We All&#8230;..</title>
		<link>http://honorofgod.org/blog9/2009/05/25/beggars-are-we-all/</link>
		<comments>http://honorofgod.org/blog9/2009/05/25/beggars-are-we-all/#comments</comments>
		<pubDate>Mon, 25 May 2009 14:40:00 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Integrity and Responsibility]]></category>
		<category><![CDATA[Let's Call What It Is - DEPRESSION]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>
		<category><![CDATA[Patience is a virtue...Delusion is a vice]]></category>
		<category><![CDATA[Political Chaos]]></category>
		<category><![CDATA[Sub-Prime anytime]]></category>
		<category><![CDATA[The End of American Capitalism As We Know It? - Discuss]]></category>
		<category><![CDATA[The excellent adventures of Ben Bernanke]]></category>
		<category><![CDATA[The Financial Elite]]></category>
		<category><![CDATA[The Geithner Resignation Watch]]></category>
		<category><![CDATA[We Have Become Beggars To The World]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=284</guid>
		<description><![CDATA[http://jessescrossroadscafe.blogspot.com/ Bernanke&#8217;s wager is on a virtual free lunch by printing money. &#8220;Fed chair Ben Bernanke has long argued that central banks can bring down long-term borrowing rates by purchasing bonds &#8220;at essentially no cost&#8221;. His frequent writings rarely ask whether foreigner investors – from a different cultural universe – will tolerate such conduct. Mr <a href='http://honorofgod.org/blog9/2009/05/25/beggars-are-we-all/'>[...]</a>]]></description>
		<wfw:commentRss>http://honorofgod.org/blog9/2009/05/25/beggars-are-we-all/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Credit Card Changes</title>
		<link>http://honorofgod.org/blog9/2009/05/20/credit-card-changes/</link>
		<comments>http://honorofgod.org/blog9/2009/05/20/credit-card-changes/#comments</comments>
		<pubDate>Wed, 20 May 2009 13:41:41 +0000</pubDate>
		<dc:creator>Brian Schuettler</dc:creator>
				<category><![CDATA[Credit Card Debt]]></category>
		<category><![CDATA[Creditors Caveat]]></category>
		<category><![CDATA[Negative Cash Flow]]></category>

		<guid isPermaLink="false">http://honorofgod.org/blog9/?p=246</guid>
		<description><![CDATA[From the NYT:     http://www.nytimes.com/2009/05/20/your-money/20money.html?_r=1&#38;hp At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill, after all, contains relief from penalty fees and certain interest rate spikes. But for people who pay off their bills each month, and milk the card rewards programs <a href='http://honorofgod.org/blog9/2009/05/20/credit-card-changes/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
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