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	<title>The 2008 Credit Crunch by MoneyBob</title>
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	<description>The Greatest Financial Turmoil Since The Great Depression</description>
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		<title>The 2008 Credit Crunch by MoneyBob</title>
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		<title>Budget Buster: Pentagon Unable to Account for Trillions in Spending</title>
		<link>https://moneybob.wordpress.com/2011/08/12/budget-buster-pentagon-unable-to-account-for-trillions-in-spending/</link>
					<comments>https://moneybob.wordpress.com/2011/08/12/budget-buster-pentagon-unable-to-account-for-trillions-in-spending/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 12 Aug 2011 20:57:13 +0000</pubDate>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Credit Freeze]]></category>
		<category><![CDATA[Debt Management]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Dooms Day]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[budget deficit]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Defense]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[US]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Government]]></category>
		<category><![CDATA[Waste]]></category>
		<guid isPermaLink="false">http://moneybob.com/?p=722</guid>

					<description><![CDATA[The United States military budget accounts for over 40% of the world&#8217;s annual military expenditures and, at around $700 billion per year, more than 20% of the federal budget. The Federal government wants to curb that spending as part of deficit reduction. Last week&#8217;s deficit deal calls for up to $350 billion in cuts over [&#8230;]]]></description>
		
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		<title>Gold Prices Spike as Recession Worries Spread</title>
		<link>https://moneybob.wordpress.com/2011/08/03/gold-prices-spike-as-recession-worries-spread/</link>
					<comments>https://moneybob.wordpress.com/2011/08/03/gold-prices-spike-as-recession-worries-spread/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 03 Aug 2011 22:35:37 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Silver]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Dollar]]></category>
		<category><![CDATA[Kitco]]></category>
		<guid isPermaLink="false">http://moneybob.com/?p=714</guid>

					<description><![CDATA[NEW YORK &#8212; Gold prices soared again Wednesday, closing in on $1,700 an ounce, as worries that governments won&#8217;t be able to grow their way out of debt caused a rush into the safe haven asset. Gold for December delivery rose $21.80 to settle at $1,666.30 an ounce at the Comex division of the New [&#8230;]]]></description>
		
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			<media:title type="html">MoneyBob</media:title>
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			<media:title type="html">Most Recent Quotes from www.kitco.com</media:title>
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		<title>David Cay Johnston, says, The Rich Get Richer</title>
		<link>https://moneybob.wordpress.com/2010/11/21/david-cay-johnston-says-the-rich-get-richer/</link>
					<comments>https://moneybob.wordpress.com/2010/11/21/david-cay-johnston-says-the-rich-get-richer/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 22 Nov 2010 00:24:17 +0000</pubDate>
				<category><![CDATA[MoneyBob Postings]]></category>
		<category><![CDATA[David Cay Johnston]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Foreclosures]]></category>
		<category><![CDATA[Recession]]></category>
		<guid isPermaLink="false">http://moneybob.wordpress.com/?p=701</guid>

					<description><![CDATA[The Rich Get Richer The rich, thanks to government handouts, are getting richer at everyone else&#8217;s expense. At least that&#8217;s what David Cay Johnston claims in the book Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill) &#8220;This enormous growth of incomes at the top is not [&#8230;]]]></description>
		
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		<title>Niall Ferguson says, Paul Krugman&#8217;s Advice Will Lead USA To Depression</title>
		<link>https://moneybob.wordpress.com/2010/07/12/niall-ferguson-says-paul-krugmans-advice-will-lead-usa-to-depression/</link>
					<comments>https://moneybob.wordpress.com/2010/07/12/niall-ferguson-says-paul-krugmans-advice-will-lead-usa-to-depression/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 12 Jul 2010 17:55:30 +0000</pubDate>
				<category><![CDATA[MoneyBob Postings]]></category>
		<category><![CDATA[Paul Krugman]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Niall Ferguson]]></category>
		<category><![CDATA[Recession]]></category>
		<guid isPermaLink="false">http://moneybob.com/2010/07/12/niall-ferguson-says-paul-krugmans-advice-will-lead-usa-to-depression/</guid>

					<description><![CDATA[One of the hottest feuds in economics today is the one between Harvard Professor Niall Ferguson and Nobel Laureate Paul Krugman. The debate represents austerity vs. stimulus, with Krugman, of course, arguing that the U.S. needs to do way more to save the economy.Ferguson notes that his dispute with Krugman isn&#8217;t even so much about [&#8230;]]]></description>
		
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		<title>Richard Suttmeier:  Home Prices Could Fall Another 50%</title>
		<link>https://moneybob.wordpress.com/2010/07/02/richard-suttmeier-home-prices-could-fall-another-50/</link>
					<comments>https://moneybob.wordpress.com/2010/07/02/richard-suttmeier-home-prices-could-fall-another-50/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 12:17:52 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Credit Freeze]]></category>
		<category><![CDATA[Debt Management]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Dooms Day]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Gary Shilling]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Howard Davidowitz]]></category>
		<category><![CDATA[Liquidity Squeeze]]></category>
		<category><![CDATA[Middle Class]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Robert Prechter]]></category>
		<category><![CDATA[Robert Shiller]]></category>
		<category><![CDATA[Thoughts]]></category>
		<category><![CDATA[Work]]></category>
		<category><![CDATA[Yahoo Finance]]></category>
		<category><![CDATA[Case-Schiller]]></category>
		<category><![CDATA[double dip]]></category>
		<category><![CDATA[Homes Sales]]></category>
		<category><![CDATA[houses]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[Richard Suttmeier]]></category>
		<category><![CDATA[Short Sales]]></category>
		<guid isPermaLink="false">http://moneybob.com/2010/07/02/richard-suttmeier-home-prices-could-fall-another-50/</guid>

					<description><![CDATA[The housing market continues to deteriorate. Thursday&#8217;s report on May pending home sales was down 30% from the prior month and nearly 16% vs. a year ago. The market weakness spans the country. Sales in the Northeast, Midwest and South fell more than 30%, the bright spot, the West, only fell 21%.The news comes after [&#8230;]]]></description>
		
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			<media:title type="html">MoneyBob</media:title>
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			<media:title type="html">house-man-swimming-in-debt</media:title>
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		<title>Richard Suttmeier says, “Forget the Double-Dip,” We Won’t Kick the Recession Until We Start Creating Jobs”</title>
		<link>https://moneybob.wordpress.com/2010/07/02/richard-suttmeier-says-forget-the-double-dip-we-wont-kick-the-recession-until-we-start-creating-jobs/</link>
					<comments>https://moneybob.wordpress.com/2010/07/02/richard-suttmeier-says-forget-the-double-dip-we-wont-kick-the-recession-until-we-start-creating-jobs/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 12:11:27 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Debt Management]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Dooms Day]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Life]]></category>
		<category><![CDATA[Middle Class]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Robert Shiller]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[ecoomics]]></category>
		<category><![CDATA[housing bubble]]></category>
		<category><![CDATA[Richard Suttmeier]]></category>
		<guid isPermaLink="false">http://moneybob.com/2010/07/02/richard-suttmeier-says-forget-the-double-dip-we-wont-kick-the-recession-until-we-start-creating-jobs/</guid>

					<description><![CDATA[The stock market continued its sell-off Thursday as investors await Friday’s June unemployment report. The consensus estimate among economists is for a loss of at least 100,000 jobs and the unemployment rate to inch up to 9.8%.The jobs data we have already received this week also doesn’t suggest positive news. This week’s initial jobless claims [&#8230;]]]></description>
		
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			<media:title type="html">MoneyBob</media:title>
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		<title>&#8220;The Worst President in My Lifetime&#8221;, Howard Davidowitz on Obama</title>
		<link>https://moneybob.wordpress.com/2010/07/01/the-worst-president-in-my-lifetime-howard-davidowitz-on-obama/</link>
					<comments>https://moneybob.wordpress.com/2010/07/01/the-worst-president-in-my-lifetime-howard-davidowitz-on-obama/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 03:31:25 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[currency]]></category>
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		<category><![CDATA[Income]]></category>
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		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Stagflation]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Thoughts]]></category>
		<category><![CDATA[Unemployment Rate]]></category>
		<category><![CDATA[Barrack Obama]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Fraud]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[President. Obama]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[Work]]></category>
		<guid isPermaLink="false">http://moneybob.com/2010/07/01/the-worst-president-in-my-lifetime-howard-davidowitz-on-obama/</guid>

					<description><![CDATA[President Obama is having a rough go of things lately. As noted here last week, for the first time in his presidency, more Americans disapprove of Obama (48%) than approve of him (45%), according to the latest WSJ/NBC poll. And 62% say the country is headed in the wrong direction.“The American people are right,” says [&#8230;]]]></description>
		
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			<media:title type="html">MoneyBob</media:title>
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			<media:title type="html">The Stimulus Package is B.S.</media:title>
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		<title>Howard Davidowitz says Wall Street is A Ponzi Scheme with Lies and Fraud</title>
		<link>https://moneybob.wordpress.com/2010/07/01/howard-davidowitz-says-wall-street-is-a-ponzi-scheme-with-lies-and-fraud/</link>
					<comments>https://moneybob.wordpress.com/2010/07/01/howard-davidowitz-says-wall-street-is-a-ponzi-scheme-with-lies-and-fraud/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 02:56:43 +0000</pubDate>
				<category><![CDATA[Howard Davidowitz]]></category>
		<category><![CDATA[Market History]]></category>
		<category><![CDATA[MoneyBob Postings]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Risk in Portfolio]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Yahoo Finance]]></category>
		<category><![CDATA[Bear Sterns]]></category>
		<category><![CDATA[citi]]></category>
		<category><![CDATA[Fraud]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lehman]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[Ponzi Scheme]]></category>
		<category><![CDATA[Wall Street]]></category>
		<guid isPermaLink="false">http://moneybob.com/2010/07/01/howard-davidowitz-says-wall-street-is-a-ponzi-scheme-with-lies-and-fraud/</guid>

					<description><![CDATA[Day one of the Financial Crisis Inquiry Commission&#8217;s two-day hearing on AIG derivatives contracts featured testimony from Joseph Cassano, the former head of AIG&#8217;s financial products unit. Goldman Sachs president Gary Cohn was also on the Hill.Meanwhile, the Democrats are still trying to salvage the regulatory reform bill, with critical support from Senator Scott Brown [&#8230;]]]></description>
		
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			<media:title type="html">MoneyBob</media:title>
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		<title>Let Bad Banks Go Broke – says, Howard Davidowitz – Otherwise All These Bailouts Will Crush The Economy</title>
		<link>https://moneybob.wordpress.com/2010/07/01/let-bad-banks-go-broke-says-howard-davidowitz-otherwise-all-these-bailouts-will-crush-the-economy/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 02:40:19 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Debt Management]]></category>
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		<category><![CDATA[Depression]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/07/01/let-bad-banks-go-broke-says-howard-davidowitz-otherwise-all-these-bailouts-will-crush-the-economy/</guid>

					<description><![CDATA[Howard Davidowitz is a bear on America. If you’ve watched any of the recent clips, you know he’s negative on stocks, the economy and the political system. (If you haven&#8217;t seen them, check the links below.)Much of Davidowitz&#8217;s frustrations stem from the bailout of our financial system. &#8220;If a bank is bad, you let it [&#8230;]]]></description>
		
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		<title>Howard Davidowitz says, U.S. Economy is a Complete Disaster</title>
		<link>https://moneybob.wordpress.com/2010/07/01/howard-davidowitz-says-u-s-economy-is-a-complete-disaster/</link>
					<comments>https://moneybob.wordpress.com/2010/07/01/howard-davidowitz-says-u-s-economy-is-a-complete-disaster/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Fri, 02 Jul 2010 01:48:54 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/07/01/howard-davidowitz-says-u-s-economy-is-a-complete-disaster/</guid>

					<description><![CDATA[The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. Davidowitz lays much of the blame for the economy&#8217;s woes at the feet of the Obama administration, which he calls &#8220;the worst [&#8230;]]]></description>
		
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		<title>Paul Krugman Throws In Towel, Says We’re Headed For Another Depression</title>
		<link>https://moneybob.wordpress.com/2010/06/28/paul-krugman-throws-in-towel-says-were-headed-for-another-depression/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 28 Jun 2010 17:58:28 +0000</pubDate>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/28/paul-krugman-throws-in-towel-says-were-headed-for-another-depression/</guid>

					<description><![CDATA[For the last several months, Princeton professor Paul Krugman has become increasingly agitated about what he feels is a disastrous mistake in the making &#8212; a sudden global obsession with &#8220;austerity&#8221; that will lead to spending cuts in many nations in Europe and, possibly, the United States.Krugman believes that this is exactly the same mistake [&#8230;]]]></description>
		
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		<title>Double Dip? Or Did the ‘Great Recession Really Never End</title>
		<link>https://moneybob.wordpress.com/2010/06/28/double-dip-or-did-the-great-recession-really-never-end/</link>
					<comments>https://moneybob.wordpress.com/2010/06/28/double-dip-or-did-the-great-recession-really-never-end/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 28 Jun 2010 17:56:26 +0000</pubDate>
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					<description><![CDATA[Monday&#8217;s weak consumer spending data is the latest in a string of reports that has many Americans worried about a &#8220;double-dip&#8221; recession.Then again, considering the unemployment rate has remained elevated, many Americans would be forgiven for thinking the recession that began in December 2007 still hasn&#8217;t ended. Notably, that&#8217;s the view of the National Bureau [&#8230;]]]></description>
		
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		<title>Gary Shilling is Bearish on Housing</title>
		<link>https://moneybob.wordpress.com/2010/06/20/658/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Sun, 20 Jun 2010 19:17:24 +0000</pubDate>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/20/658/</guid>

					<description><![CDATA[more about &#8220;Suddenly, Gary Shilling&#8217;s Bearishness&#8230;&#8220;, posted with vodpod]]></description>
		
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		<title>Robert Shiller: Double-Dip Recession Is Still Very Possible</title>
		<link>https://moneybob.wordpress.com/2010/06/20/robert-shiller-double-dip-recession-is-still-very-possible/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Sun, 20 Jun 2010 19:03:35 +0000</pubDate>
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		<guid isPermaLink="false">http://moneybob.com/?p=654</guid>

					<description><![CDATA[Double-Dip Recession The economy still hasn’t escaped the possibility of a double-dip recession, says Yale economist Robert Shiller, who predicted the housing bust. “We just went through a Great Depression scare,” he told Bloomberg. “The Fed and the government took on extraordinary measures to prevent that,&#8221; he said. &#8220;But I think our confidence is still [&#8230;]]]></description>
		
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		<title>Dude, We’re Screwed!  Recession to Get Worse – Unemployment to Rise – Government Spending Debt to Skyrocket!</title>
		<link>https://moneybob.wordpress.com/2010/06/20/dude-were-screwed-recession-to-get-worse-unemployment-to-rise-government-spending-debt-to-skyrocket/</link>
					<comments>https://moneybob.wordpress.com/2010/06/20/dude-were-screwed-recession-to-get-worse-unemployment-to-rise-government-spending-debt-to-skyrocket/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Sun, 20 Jun 2010 14:45:16 +0000</pubDate>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/20/dude-were-screwed-recession-to-get-worse-unemployment-to-rise-government-spending-debt-to-skyrocket/</guid>

					<description><![CDATA[Slow Growth &#8211; Double Dip Recession may be coming &#8211; Odds are over 50% &#8211; We are in the process of De-Leveraging our Debt and this trend will continue for years. If it happened all at once, we really would have a depression! Unemployment rate will rise 1% per year for the next few years [&#8230;]]]></description>
		
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		<title>Gary Shilling’s Bearishness Doesn’t Seem Nutty</title>
		<link>https://moneybob.wordpress.com/2010/06/20/gary-shillings-bearishness-doesnt-seem-nutty/</link>
					<comments>https://moneybob.wordpress.com/2010/06/20/gary-shillings-bearishness-doesnt-seem-nutty/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Sun, 20 Jun 2010 14:20:57 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/20/gary-shillings-bearishness-doesnt-seem-nutty/</guid>

					<description><![CDATA[The recession will now turn deeper and the Federal Reserve is worried about deflation. more about &#34;Suddenly, Gary Shilling&#8217;s Bearishness&#8230;&#34;, posted with vodpod]]></description>
		
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		<title>Gary Shilling says, House Prices Still Have Another 10%- 20% To Fall</title>
		<link>https://moneybob.wordpress.com/2010/06/17/gary-shilling-says-house-prices-still-have-another-10-20-to-fall/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Thu, 17 Jun 2010 21:12:11 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/17/gary-shilling-says-house-prices-still-have-another-10-20-to-fall/</guid>

					<description><![CDATA[A year ago, house prices finally stopped collapsing after two years of brutal declines. Over the following few quarters, moreover, they actually rose. This led many observers to conclude that the housing bottom had been reached and that we were headed for a v-shaped bounce.Not Gary Shilling.Gary Shilling, head of economic research firm A. Gary [&#8230;]]]></description>
		
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		<title>Fannie Mae and Freddie Mac Money Pit Will Suck 1 trillion Of US Taxpayer Cash</title>
		<link>https://moneybob.wordpress.com/2010/06/16/fannie-mae-and-freddie-mac-money-pit-will-suck-1-trillion-of-us-taxpayer-cash/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 16 Jun 2010 12:40:24 +0000</pubDate>
				<category><![CDATA[MoneyBob Postings]]></category>
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					<description><![CDATA[Bloomberg checked in on the state of Fannie Mae and Freddie Mac, the two once-quasi-private mortgage subsidy companies that are now almost wholly owned by taxpayers. Bloomberg found that Fannie and Freddie have already drawn down $145 billion in their unlimited line of taxpayer credit, and that their losses could ultimately be as high as [&#8230;]]]></description>
		
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		<title>Stocks party like it’s 2009 but George Soros sees ghosts of the ’30s</title>
		<link>https://moneybob.wordpress.com/2010/06/16/stocks-party-like-its-2009-but-george-soros-sees-ghosts-of-the-30s/</link>
					<comments>https://moneybob.wordpress.com/2010/06/16/stocks-party-like-its-2009-but-george-soros-sees-ghosts-of-the-30s/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 16 Jun 2010 12:33:44 +0000</pubDate>
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					<description><![CDATA[From April 26 through June 7, the Dow fell 12.4% and the S&#38;P dropped 13.7%, The Wall Street Journal reports, in a rapid-fire decline that scared many investors out of the market.So, of course, stocks rallied at the end of last week and are starting Monday off with gains as the euro is rallying after [&#8230;]]]></description>
		
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		<title>Paul Krugman says, Governments Are Panicked About Spending And Debt</title>
		<link>https://moneybob.wordpress.com/2010/06/07/paul-krugman-says-governments-are-panicked-about-spending-and-debt/</link>
					<comments>https://moneybob.wordpress.com/2010/06/07/paul-krugman-says-governments-are-panicked-about-spending-and-debt/#respond</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 07 Jun 2010 13:37:26 +0000</pubDate>
				<category><![CDATA[MoneyBob Postings]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/06/07/paul-krugman-says-governments-are-panicked-about-spending-and-debt/</guid>

					<description><![CDATA[As the rest of the world works itself into a panic over debt and deficits, Princeton professor and New York Times columnist Paul Krugman continues to argue that acting on this fear will quickly make things far worse:What’s the greatest threat to our still-fragile economic recovery? Dangers abound, of course. But what I currently find [&#8230;]]]></description>
		
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		<title>Robert Prechter Says, “We Are On Schedule for a Very, Very Long Bear Market.”</title>
		<link>https://moneybob.wordpress.com/2010/05/25/robert-prechter-says-we-are-on-schedule-for-a-very-very-long-bear-market-2/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Tue, 25 May 2010 15:43:53 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/05/25/robert-prechter-says-we-are-on-schedule-for-a-very-very-long-bear-market-2/</guid>

					<description><![CDATA[MoneyBob NEW YORK (AP) &#8212; The Dow Jones industrials plunged below 10,000 Tuesday after traders dumped stocks on worries about the global economy and tensions between North and South Korea. The Dow fell about 190 points in late morning trading. It has fallen 1,346 points, or more than 12 percent, from its recent high of [&#8230;]]]></description>
		
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		<title>Value-Added Tax (VAT) &#8211; What You Need to Know</title>
		<link>https://moneybob.wordpress.com/2010/05/02/value-added-tax-vat-what-you-need-to-know/</link>
					<comments>https://moneybob.wordpress.com/2010/05/02/value-added-tax-vat-what-you-need-to-know/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Sun, 02 May 2010 13:54:25 +0000</pubDate>
				<category><![CDATA[Deflation]]></category>
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		<guid isPermaLink="false">http://moneybob.com/?p=636</guid>

					<description><![CDATA[Hey &#8211; you know we have a debt crisis, right? A VAT could reduce the deficit and its announcement would signal to foreign investors that we&#8217;re serious about deficit reduction, reducing our long-term interest rates and making it easier to borrow. President Barack Obama&#8217;s bipartisan commission to fix our long-term deficit crisis held its first [&#8230;]]]></description>
		
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		<title>Davidowitz wall st. d.c. bigwigs “buried our country … they sold us down the river”</title>
		<link>https://moneybob.wordpress.com/2010/04/13/davidowitz-wall-st-d-c-bigwigs-buried-our-country-they-sold-us-down-the-river/</link>
					<comments>https://moneybob.wordpress.com/2010/04/13/davidowitz-wall-st-d-c-bigwigs-buried-our-country-they-sold-us-down-the-river/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 14 Apr 2010 03:56:54 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/04/13/davidowitz-wall-st-d-c-bigwigs-buried-our-country-they-sold-us-down-the-river/</guid>

					<description><![CDATA[more about &#34;davidowitz wall st. d.c. bigwigs &#8220;bur&#8230;&#34;, posted with vodpod]]></description>
		
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		<title>america in &#8220;dramatically worse shape&#8221; vs. a year ago, says Howard Davidowitz</title>
		<link>https://moneybob.wordpress.com/2010/04/13/america-in-dramatically-worse-shape-vs-a-year-ago-says-howard-davidowitz/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 14 Apr 2010 03:53:42 +0000</pubDate>
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					<description><![CDATA[more about &#34;retail sales up but america in &#8220;drama&#8230;&#34;, posted with vodpod]]></description>
		
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		<title>pray for inflation it&#8217;s our only hope: Tech Ticker, Yahoo! Finance</title>
		<link>https://moneybob.wordpress.com/2010/04/13/pray-for-inflation-its-our-only-hope-tech-ticker-yahoo-finance/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 14 Apr 2010 03:51:34 +0000</pubDate>
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					<description><![CDATA[more about &#34;pray for inflation it&#8217;s our only hope&#8230;&#34;, posted with vodpod]]></description>
		
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		<title>We Have A Few Years To Get Our Fiscal House In Order Or We Go Into A Depression</title>
		<link>https://moneybob.wordpress.com/2010/03/17/americans-have-a-few-years-to-get-our-fiscal-house-in-order/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Wed, 17 Mar 2010 13:11:15 +0000</pubDate>
				<category><![CDATA[Bankruptcy]]></category>
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		<category><![CDATA[William Galston]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/03/17/americans-have-a-few-years-to-get-our-fiscal-house-in-order/</guid>

					<description><![CDATA[Americans&#8217; Mistrust of Govt. Is Rational and Warranted, But Also Dangerous&#8221; The United States invariably does the right thing, after having exhausted every other alternative,&#8221; Winston Churchill once said.The problem is &#8220;we&#8217;re in the process of exhausting all the alternatives pretty quickly,&#8221; says William Galston, a senior fellow at the Brookings Institution.A recent CBS/NY Times [&#8230;]]]></description>
		
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		<title>Deflation is Coming</title>
		<link>https://moneybob.wordpress.com/2010/03/14/deflation-is-coming/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 15 Mar 2010 01:45:09 +0000</pubDate>
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		<guid isPermaLink="false">http://moneybob.com/2010/03/14/deflation-is-coming/</guid>

					<description><![CDATA[more about &#8220;Deflation is Coming&#8220;, posted with vodpod]]></description>
		
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		<title>Faber and Mish &#8211; We&#8217;re Doomed and Washington Can&#8217;t Do Anything About It:</title>
		<link>https://moneybob.wordpress.com/2010/03/14/faber-and-mish-were-doomed-and-washington-cant-do-anything-about-it/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 15 Mar 2010 01:42:45 +0000</pubDate>
				<category><![CDATA[Credit Freeze]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/03/14/faber-and-mish-were-doomed-and-washington-cant-do-anything-about-it/</guid>

					<description><![CDATA[Washington is patting itself on the back for having orchestrated an amazing economic recovery. But Washington lawmakers are a delusional bunch of boneheads, say Marc Faber and Mike &#8220;Mish&#8221; Shedlock, editor of the Gloom, Boom, and Doom Report and investment advisor at SitkaPacific Capital Management, respectively.The economy is NOT recovering, they say, and the U.S. [&#8230;]]]></description>
		
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		<title>Inflation or deflation &#8211; or Both?  Mish vs. Dr. Doom</title>
		<link>https://moneybob.wordpress.com/2010/03/14/inflation-or-deflation-or-both-mish-vs-dr-doom/</link>
					<comments>https://moneybob.wordpress.com/2010/03/14/inflation-or-deflation-or-both-mish-vs-dr-doom/#comments</comments>
		
		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 15 Mar 2010 01:36:25 +0000</pubDate>
				<category><![CDATA[Credit Crunch]]></category>
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		<guid isPermaLink="false">http://moneybob.com/2010/03/14/inflation-or-deflation-or-both-mish-vs-dr-doom/</guid>

					<description><![CDATA[Which is the greater threat, inflation or deflation?In Marc Faber and Michael &#8220;Mish&#8221; Shedlock, we found two market watchers ready (and able) to champion both sides of this great debate.Shedlock, an investment advisor with SitkaPacific Capital and author of the economics blog, MISH&#8217;S Global Economic Trend Analysis, made the case for deflation: Credit is contracting, [&#8230;]]]></description>
		
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		<title>7 Good Reasons Why The Dollar Will Fall and Gold Rise</title>
		<link>https://moneybob.wordpress.com/2010/03/08/7-good-reasons-why-the-dollar-will-fall-and-gold-rise/</link>
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		<dc:creator><![CDATA[MoneyBob]]></dc:creator>
		<pubDate>Mon, 08 Mar 2010 15:34:53 +0000</pubDate>
				<category><![CDATA[Commodities]]></category>
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		<guid isPermaLink="false">http://moneybob.com/?p=602</guid>

					<description><![CDATA[It’s time to provide some fundamental reasons as to why the dollar is in trouble long term and why the precious metals sector and the commodities sector stands to benefit from these dollar woes. The US has a massive current account deficit and it only seems to be getting bigger. Economists may play with the [&#8230;]]]></description>
		
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