Real Estate Rolling Over - 11/01/13

The Wake Up Call show

Summary: The property market in the main has been institutional-based since bottoming. The newly-purchased properties are having trouble finding renters. Fund managers won’t tolerate this situation for long. No prizes for guessing what happens next. Unemployment in Europe. Nigel Farage’s take on the future of Europe. Several organizations are complaining to Congress about the Trans-Pacific Partnership. Bill Black claims that JPMorgan’s $13billion should have been 22 times bigger. More people are receiving handouts from the government than working full-time. Poverty is soaring nationwide. The odious Greenspan is out hawking a new book blaming everyone but himself for the meltdown. Texas woman strip-searched and jailed for an overdue traffic ticket. Quick comment on the stock market. Mustn’t call the outrageously fat ‘obese’ in Britain where weekly wages have slumped to their lowest level on record. A roundup of America’s bankrupt cities