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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large increase in public spending cannot deal with it.

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- GSE debt doesn’t carry full faith of government: Treasury (5)
  - November 18, 2008 @ 10:23 pm (Tuesday)
    Scott Fullwiler: Hi Aaron–haven’t seen your name since Warren had...
  - November 18, 2008 @ 7:33 pm (Tuesday)
    Aaron Krizik: The following article may shed some light on the subject....
  - November 18, 2008 @ 11:31 am (Tuesday)
    Scott Fullwiler: Ooops–posted the above to the wrong story . . . sorry
  - November 18, 2008 @ 11:20 am (Tuesday)
    Scott Fullwiler: FYI, I tried to post this to the WSJ discussion of the Op-ed,...
  - November 18, 2008 @ 8:46 am (Tuesday)
    Jim Baird: Honestly - how do these morons get into high office? Being...
- WSJ.com- Opinion: Why Spending Stimulus Plans Fail (7)
  - November 18, 2008 @ 7:34 pm (Tuesday)
    Rich W: Thanks Mike, I’ll be listening. This should be entertaining. Be...
  - November 18, 2008 @ 6:05 pm (Tuesday)
    Mike Norman: Tomorrow I will have as a guest on my radio show, Brian Riedl, the...
  - November 18, 2008 @ 3:32 pm (Tuesday)
    Dave Begotka: If you stand back and look at the big picture, it looks like they...
  - November 18, 2008 @ 12:31 pm (Tuesday)
    Scott Fullwiler: Jim . . . completely agree. Was trying to keep it short (not...
  - November 18, 2008 @ 12:13 pm (Tuesday)
    Jim Baird: Nice. The only thing I would change is to delete the word...
  - November 18, 2008 @ 12:02 pm (Tuesday)
    Mike Norman: I want to vomit.
  - November 18, 2008 @ 11:34 am (Tuesday)
    Scott Fullwiler: (Sorry about posting this one twice–this is where it...
- Eurozone trade deficit rising (11)
  - November 18, 2008 @ 6:37 pm (Tuesday)
    Mike Norman: RSG: They sure had no reservations about loading up on subprime...
  - November 18, 2008 @ 6:04 pm (Tuesday)
    Mike Norman: ATTENTION COMMUNITY!! Tomorrow I will have as a guest on my radio...
  - November 18, 2008 @ 5:51 pm (Tuesday)
    Matt Franko: Ive looked at the ECB us$ auctions as of today. Today they did the...
  - November 18, 2008 @ 4:50 pm (Tuesday)
    warren mosler: 7. right, they don’t if the US lends $ to the eurozone they...
  - November 18, 2008 @ 4:19 pm (Tuesday)
    RSG: aside from paulson/bernanke wanting to increase exports to the eurozone to...
  - November 18, 2008 @ 3:31 pm (Tuesday)
    Mike Norman: It’s not in their control. If it is the world’s desire...
  - November 18, 2008 @ 3:22 pm (Tuesday)
    RSG: why would they do that, intentionally run-up deficits when they think...
  - November 18, 2008 @ 3:19 pm (Tuesday)
    Mike Norman: Seems to be occurring: witness their trade deficit. So can we say...
  - November 18, 2008 @ 2:55 pm (Tuesday)
    warren mosler: Mike, right, as they start spending those ‘borrowed’...
  - November 18, 2008 @ 2:12 pm (Tuesday)
    RSG: so what happens when the deficits mount?…operationally.
  - November 18, 2008 @ 1:14 pm (Tuesday)
    Mike Norman: Desire by rest of world to hold euros? Will soon accelerate as Fed...
- Re: US May Lose Its ‘AAA’ Rating (19)
  - November 18, 2008 @ 3:04 pm (Tuesday)
    Kent Kelley: Warren you are the headmaster here and I respect this reality. You...
  - November 15, 2008 @ 10:40 pm (Saturday)
    warren mosler: you may be missing the point. the US govt can readily,...
- Contact (32)
  - November 18, 2008 @ 10:53 am (Tuesday)
    Mike Sankowski: Hi Warren, My copy of “Understanding Modern Money”...
- GM bailout (48)
  - November 17, 2008 @ 11:32 pm (Monday)
    warren mosler: just this- the housing agencies are there for public purpose- get...
  - November 17, 2008 @ 3:20 pm (Monday)
    Jim Baird: Agreed - $25B into domestic automakers to protect domestic jobs and...
  - November 17, 2008 @ 3:12 pm (Monday)
    Mike Norman: Japan has long engaged in various means to protect and...
  - November 17, 2008 @ 2:53 pm (Monday)
    tt92618: “I HAVE HAD ENOUGH OF THIS NONSENSE! NO MORE MONEY FOR...
  - November 15, 2008 @ 10:29 pm (Saturday)
    warren mosler: 40 while i wouldn’t use those exact words (collective...
- Obama plans will revive the economy (2)
  - November 17, 2008 @ 11:20 pm (Monday)
    warren mosler: Hoping for the best! Sorry to hear Rollins is infested with a...
  - November 17, 2008 @ 7:40 pm (Monday)
    Thomas Alexander: Think Obama (or advisers) will surprise us with some...
- Fed swap lines up to $615 billion! (17)
  - November 17, 2008 @ 11:18 pm (Monday)
    warren mosler: Mike, yes, you could be right! Matt, Yes, looks like the same...
  - November 17, 2008 @ 10:13 pm (Monday)
    Matt Franko: Possibly related: I was reading Ambrose Evans blog here...
  - November 17, 2008 @ 6:46 pm (Monday)
    Mike Norman: Warren, Only suggesting that they will continue doing it long enough...
  - November 17, 2008 @ 2:16 pm (Monday)
    warren mosler: 11. seems to me purely a lack of understanding of exactly what...
  - November 17, 2008 @ 1:44 pm (Monday)
    RSG: Warren, aren’t their statutory debt limits that would need...
  - November 17, 2008 @ 11:20 am (Monday)
    mike norman: Hi Matt. Thanks, you may be right about the longer term of these...
  - November 17, 2008 @ 12:48 am (Monday)
    tt92618: So what do you think is the underlying motive behind this? Seems very...
  - November 16, 2008 @ 11:05 pm (Sunday)
    warren mosler: yes, and worse. Banks can buy each other’s paper and bring...
  - November 16, 2008 @ 5:09 pm (Sunday)
    Matt Franko: For Mr Mosler WRT your comment in #4 above, Is a scenario you...
  - November 16, 2008 @ 10:59 am (Sunday)
    RSG: unless of course there are different rules for us$ swap lines.
  - November 16, 2008 @ 10:56 am (Sunday)
    RSG: Looks like the cut-off is at a single A. http://www.ecb.int/pub/pdf/...
  - November 15, 2008 @ 10:37 pm (Saturday)
    warren mosler: glad to see the fed and others relying on the ratings agencies...
- Plosser and interest rates (3)
  - November 17, 2008 @ 3:08 pm (Monday)
    Mike Norman: Which is exactly what is happening. A quantitative easing. Reserve...
- Re: Unilateral Fiscal Policy is more Beneficial than a Coordinated Response (17)
  - November 16, 2008 @ 11:00 pm (Sunday)
    warren mosler: ‘I see no reason why the government should ever buy...
  - November 16, 2008 @ 9:13 pm (Sunday)
    tt92618: Fred, I understand where you are coming from with your military...
  - November 16, 2008 @ 5:15 pm (Sunday)
    Donald Potter: I see no reason why the government should ever buy anything that...
  - November 15, 2008 @ 10:33 pm (Saturday)
    warren mosler: you can buy a strong industrial base on ebay. it’s just a...
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2008-08-25 US Economic Releases

Posted by WARREN MOSLER on August 25th, 2008

[Skip to the end]

Existing Home Sales (Released 10:00 EST)
Existing Home Sales MoM (Released 10:00 EST)
Existing Home Sales YoY (Released 10:00 EST)
Existing Home Sales Inventory (Released 10:00 EST)
Existing Home Sales ALLX 1 (Released 10:00 EST)
Existing Home Sales ALLX 2 (Released 10:00 EST)

2008-08-25 Existing Home Sales

Existing Home Sales (Jul)

Survey	4.91M
Actual	5.00M
Prior	4.86M
Revised	4.85M

[top][end]

2008-08-25 Existing Home Sales MoM

Existing Home Sales MoM (Jul)

Survey	1.0%
Actual	3.1%
Prior	-2.6%
Revised	-2.8%

[top][end]

2008-08-25 Existing Home Sales YoY

Existing Home Sales YoY (Jul)

Survey	n/a
Actual	-13.2%
Prior	-15.7%
Revised	n/a

[top][end]

2008-08-25 Existing Home Sales Inventory

Existing Home Sales Inventory (Jul)

Survey	n/a
Actual	4.669M
Prior	4.495M
Revised	n/a

[top][end]

2008-08-25 Existing Home Sales ALLX 1

Existing Home Sales ALLX 1 (Jul)

[top][end]

2008-08-25 Existing Home Sales ALLX 2

Existing Home Sales ALLX 2 (Jul)

[top]

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The Center of the Universe

Saint Croix, United States Virgin Islands

Meta

Recent Posts

Recent Comments

GSE debt doesn’t carry full faith of government: Treasury (5)

WSJ.com- Opinion: Why Spending Stimulus Plans Fail (7)

Eurozone trade deficit rising (11)

Re: US May Lose Its ‘AAA’ Rating (19)

Contact (32)

GM bailout (48)

Obama plans will revive the economy (2)

Fed swap lines up to $615 billion! (17)

Plosser and interest rates (3)

Re: Unilateral Fiscal Policy is more Beneficial than a Coordinated Response (17)

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2008-08-25 US Economic Releases

Existing Home Sales (Jul)

Existing Home Sales MoM (Jul)

Existing Home Sales YoY (Jul)

Existing Home Sales Inventory (Jul)

Existing Home Sales ALLX 1 (Jul)

Existing Home Sales ALLX 2 (Jul)

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