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	<title>Economy-Society.com</title>
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	<link>http://economyandsociety.wordpress.com</link>
	<description>Bill Birnbaum's Observations and Predictions</description>
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		<title>Economy-Society.com</title>
		<link>http://economyandsociety.wordpress.com</link>
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		<title>Soft Housing Prices&#8230; for a very long time</title>
		<link>http://economyandsociety.wordpress.com/2008/10/15/soft-housing-prices-for-a-very-long-time/</link>
		<comments>http://economyandsociety.wordpress.com/2008/10/15/soft-housing-prices-for-a-very-long-time/#comments</comments>
		<pubDate>Wed, 15 Oct 2008 16:48:10 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Home prices]]></category>
		<category><![CDATA[baby boomers]]></category>
		<category><![CDATA[housing bubble]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=113</guid>
		<description><![CDATA[Bill Birnbaum predicts: Thanks to maturing of the baby boom population, home prices will remain soft for a very long time.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=113&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>When Will the Stock Market Recover?</title>
		<link>http://economyandsociety.wordpress.com/2008/10/08/when-will-the-stock-market-recover/</link>
		<comments>http://economyandsociety.wordpress.com/2008/10/08/when-will-the-stock-market-recover/#comments</comments>
		<pubDate>Wed, 08 Oct 2008 16:42:38 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[stock market]]></category>
		<category><![CDATA[dollar averaging]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[stock market recovery]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=98</guid>
		<description><![CDATA[Bill Birnbaum's analysis of the stock market's decline, the timing of a recovery, and a suggested scheme for re-entering the market.   <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=98&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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		<title>Will US Automakers Survive?</title>
		<link>http://economyandsociety.wordpress.com/2008/10/03/will-us-automakers-survive/</link>
		<comments>http://economyandsociety.wordpress.com/2008/10/03/will-us-automakers-survive/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 18:04:14 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Automobile]]></category>
		<category><![CDATA[Automaker's bailout]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Ford]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[Honda]]></category>
		<category><![CDATA[smaller cars]]></category>
		<category><![CDATA[Toyota]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=92</guid>
		<description><![CDATA[US automakers are trapped in a downward spiral of falling sales and profits.  They currently seek a government bailout to re-tool for smaller car production.  Can they, and will they, catch up with their more nimble Japanese competitors?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=92&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>Taxpayers Don&#8217;t Riot</title>
		<link>http://economyandsociety.wordpress.com/2008/09/22/taxpayers-dont-riot/</link>
		<comments>http://economyandsociety.wordpress.com/2008/09/22/taxpayers-dont-riot/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 13:13:35 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Home prices]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[housing bubble]]></category>
		<category><![CDATA[taxpayers]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=80</guid>
		<description><![CDATA[Taxpayers who acted prudently are about to pay for the bailout of those who created this whole financial mess.  Here's a simple explanation of how it all happened... and how our government, through inflation, will pick the taxpayer's pocket.  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=80&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>Get Ready for Significant Inflation</title>
		<link>http://economyandsociety.wordpress.com/2008/09/17/get-ready-for-significant-inflation/</link>
		<comments>http://economyandsociety.wordpress.com/2008/09/17/get-ready-for-significant-inflation/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 22:01:05 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Commodity prices]]></category>
		<category><![CDATA[Food prices]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[core inflation]]></category>
		<category><![CDATA[stock market]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=74</guid>
		<description><![CDATA[Investors have finally figured out that our government's running of a high-stakes bailout operation is soon to bring significant inflation.  Thus investors have begun to bid up the prices of commodities including oil and gold.  Expect more of the same in the coming months.  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=74&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Bailout of the Big Three Auto Manufacturers?  Guess Who Pays?</title>
		<link>http://economyandsociety.wordpress.com/2008/09/09/bailout-of-the-big-three-auto-manufacturers-guess-who-pays/</link>
		<comments>http://economyandsociety.wordpress.com/2008/09/09/bailout-of-the-big-three-auto-manufacturers-guess-who-pays/#comments</comments>
		<pubDate>Wed, 10 Sep 2008 04:01:58 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Automobile]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Big Three Automakers]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Ford]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[taxpayer]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=60</guid>
		<description><![CDATA[Seems that the US taxpayer is, these days, in the business of funding bailouts, not just for individual companies, but for whole industries.  Will the Big Three automakers be the next beneficiaries?  And just how will the taxpayer pay for this high-stakes rescue operation? <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=60&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>Want to buy a Prius?  Wait a while.</title>
		<link>http://economyandsociety.wordpress.com/2008/09/03/want-to-buy-a-prias-wait-a-while/</link>
		<comments>http://economyandsociety.wordpress.com/2008/09/03/want-to-buy-a-prias-wait-a-while/#comments</comments>
		<pubDate>Thu, 04 Sep 2008 06:08:15 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Automobile]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[fuel economy]]></category>
		<category><![CDATA[miles per gallon]]></category>
		<category><![CDATA[price of gas]]></category>
		<category><![CDATA[Prius]]></category>
		<category><![CDATA[Toyota Prius]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=55</guid>
		<description><![CDATA[High gas prices have encouraged many to purchase a Toyota Prius.  In fact, the market for the Prius is in sort of a frenzy.  In fact, many who aren't really the Prius type are buying a Prius.  But as with all frenzies, this too will end.  Then they'll be plenty of new and used Prius for sale.  Wait a while to buy a Prius.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=55&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://economyandsociety.wordpress.com/2008/09/03/want-to-buy-a-prias-wait-a-while/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>High Food Prices: It&#8217;s More Than Ethanol.</title>
		<link>http://economyandsociety.wordpress.com/2008/08/26/high-food-prices-its-more-than-ethanol/</link>
		<comments>http://economyandsociety.wordpress.com/2008/08/26/high-food-prices-its-more-than-ethanol/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 11:39:49 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Food prices]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[boom in agriculture]]></category>
		<category><![CDATA[emerging nations]]></category>
		<category><![CDATA[high food prices]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=46</guid>
		<description><![CDATA[Why today’s sky high food prices?  The popular answer is that the use of corn for ethanol competes with its use for food.  Certainly this reasoning is correct.  

But there’s yet another, little-talked-about factor pushing up the price of food.  It’s the changing diet of people in developing nations.  Historically, when people receive more money, they shift from eating carbohydrate to protein. Specifically, they eat less grain and more meat.  And did you know that it requires approximately 10 pounds of grain to raise just one pound of meat?
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=46&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>Death of the Suburbs?</title>
		<link>http://economyandsociety.wordpress.com/2008/08/21/death-of-the-suburbs/</link>
		<comments>http://economyandsociety.wordpress.com/2008/08/21/death-of-the-suburbs/#comments</comments>
		<pubDate>Thu, 21 Aug 2008 09:39:52 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[oil price]]></category>
		<category><![CDATA[Suburbs]]></category>
		<category><![CDATA[cost of commuting]]></category>
		<category><![CDATA[gasoline prices]]></category>
		<category><![CDATA[suburban living]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=33</guid>
		<description><![CDATA[Will high gasoline prices cause middle-class Americans to abandon their suburban lifestyle and move closer in to the city?  No, I think not.  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=33&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">billbirnbaum</media:title>
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		<title>What price oil?  And why?</title>
		<link>http://economyandsociety.wordpress.com/2008/08/16/what-price-oil-and-why/</link>
		<comments>http://economyandsociety.wordpress.com/2008/08/16/what-price-oil-and-why/#comments</comments>
		<pubDate>Sat, 16 Aug 2008 17:32:57 +0000</pubDate>
		<dc:creator>billbirnbaum</dc:creator>
				<category><![CDATA[Automobile]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[oil demand]]></category>
		<category><![CDATA[oil supply]]></category>
		<category><![CDATA[peak oil]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://economyandsociety.wordpress.com/?p=24</guid>
		<description><![CDATA[Even with the recent $35 drop in price per barrel, still oil is expensive enough to cause significant damage to our economy.  What are the short and long-term factors affecting the price of oil?  And where is the price of oil going?  Here’s what I think… 

<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economyandsociety.wordpress.com&amp;blog=4523761&amp;post=24&amp;subd=economyandsociety&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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