patrick.net

They'll come up with a catchy new word that means Depression w/o using the D word.

In the press conference last week, the president made a remark to the effect that he'd work to get his party's nominee elected.

Could be an October surprise.

HARM gets shot in Oakland, but fortunately it's only a flesh-wound. HARM then sees the light and moves to Idaho, where he packs heat.

Peter P gets tomaine from eating raw fish, so he changes his culinary preferences to BBQ. He then moves to Kansas City.

Newly elected President Condi Rice taps Patrick for Secretary of Housing and Urban Development. Patrick's first official act is to prosecute WS, the banks, and others under the RICO statutes, causing them to forfeit all REO. The REO's are then distributed to worthy people who live within their means.

Surfer-X's father tells him a family secret - that Surfer-X had a 15 year coma early in life and has amnesia about that period. So Surfer-X turns out to be a Boomer.

California will see an "off the books" population decline. It will show up in increased rental vacancies putting even more downward pressure on prices. I say that with the entire state in mind. The fortress, a strong maybe.

As the economy sags further the MSM finally begins to publish stories on the bogus government inflation and labor statistics. I see bloggers talking about these cooked stats now like the real estate a couple years ago.

Commercial real estate begins to show clear signs of a bust.

The dropoff in tax revenue combined with evaporation of investment portfolios will cause some former booming municipalities to tip into bankruptcy.

Politicians will scramble to come up with bailout plans that will not be effective and will only bankrupt the government sooner.

CNBC remains bullish.