DailyMarkets.com - Jammin’ With Recession Sessions

Jammin’ With Recession Sessions
Due To Rent Control, S.F. Has 31,000 Vacant Housing Units As Frustrated Landlords Give Up
Quote Of The Day: Bin Laden’s Irrelevance
Amazing U.S. Manufacturing Productivity Gains
Xerox Stays At Neutral
Xerox Stays At Neutral

Posted: 07 May 2011 07:06 AM PDT

For a little weekend Sense on Cents entertainment, I am happy to promote the youthful musical exuberance of Recession Sessions. This group of young artists utilizes their musical talents to comment on the issues which we address everyday while navigating the economic landscape.
Who are Recession Sessions?

Recession Sessions was born in 2008 out of the desire to capture the Great Recession in song. From early worries of stagflation, to the more recent implementation of a second round of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Due To Rent Control, S.F. Has 31,000 Vacant Housing Units As Frustrated Landlords Give Up

Posted: 07 May 2011 07:05 AM PDT

The Bay Citizen — “In San Francisco, one of the toughest places in the country to find a place to live, more than 31,000 housing units — one of every 12 — now sit vacant, according to recently released census data. That's the highest vacancy rate in the region, and a 70 percent increase from a decade ago.”

The reason? The city’s pro-tenant, outdated rent control laws that make it difficult to raise rents or evict a tenant.

“Increasingly, small-time landlords are just giving up, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Quote Of The Day: Bin Laden’s Irrelevance

Posted: 07 May 2011 06:27 AM PDT

“The most striking thing is that even before Osama bin Laden was killed, he seemed largely irrelevant to the Arab Spring. I don’t know of a single instance of these Arab freedom fighters holding up pictures of bin Laden. I know many instances of them displaying American flags in Benghazi or painting ‘Facebook’ on their foreheads in Cairo.

The idea of freedom . . . is absolutely contradictory to what bin Laden stood for, which was . . . taking Muslims back to some … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amazing U.S. Manufacturing Productivity Gains

Posted: 07 May 2011 04:39 AM PDT

We constantly hear about the "decline of U.S. manufacturing" and how America "doesn't make anything anymore." The reality is that the United States produces a lot of manufacturing output. In 2009, America produced more manufacturing output than the manufacturing output of the countries of Germany, Italy, France, U.K., Brazil and S. Korea combined. And one of the reasons that America has been the world's leading manufacturing nation for more than one hundred years … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Xerox Stays At Neutral

Posted: 07 May 2011 04:02 AM PDT

We reiterate our Neutral recommendation on Xerox Corporation (NYSE:XRX), which is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Headquartered in Norwalk, Connecticut, Xerox has its presence in more than 160 countries.
The company reported a profit of $281 million or $0.19 per share in the first quarter of 2011, including $53 million or $0.04 per share of charges on amortization of intangible assets. The profit reflects … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards