Why is Everyone Confused by the Housing Numbers from Last Week?
Mid week we learned that sales of new homes were up quite a bit. That led the media and lots of blogs to speculate that perhaps we had hit the bottom of the housing price correction. They gleefully looked to the Friday resale numbers.
Then on Friday, the resale numbers showed a further decline in housing [...]
Hillary Clinton is Showing Her Socialist Colors
http://biz.yahoo.com/ap/070529/clinton_economy.html?.v=1
“Shared prosperity” is just another way to say…
In a higher phase of communist society, after the enslaving subordination of the individual to the division of labor, and therewith also the antithesis between mental and physical labor, has vanished; after labor has become not only a means of life but life’s prime want; after the productive [...]
John Edwards Cheapens Himself with His Memorial Day Call for Protest
My father was a veteran. He was too young to serve in World War II so he lied about his age to try to join the service just shy of his 17th birthday. It didn’t work and he never saw action in WWII. But he did in Korea and Vietnam. He served both democrat and [...]
Why Can’t Congress Produce Clean Bills? Why Doesn’t the President Force them to do it?
Congress passed the war funding bill and the President has signed it and all is proclaimed right with the world.
But, why are there things unrelated to the war funding in there?
Why is the minimum wage increase in there? Why the other pork?
And more to the point, why is President Bush not exercising his Constitutional power [...]
Median vs. Average
I got a great email today.
Tim,
I was over at your favorite site today and one of the posts made me think. It was about why the housing industry uses median instead of average home prices when reporting market data. I got to thinking about that and the examples they give are pretty compelling and I’m [...]
Okay, I Admit It, Sometimes I Just Can’t Let an Apparent Puzzle Go.
Ever since I was pointed to Keith Brand’s blog I was puzzled and the more I looked into things the more puzzled I became.
He sold his condo in AZ near the peak of the market there, apparently to an investor from Chicago. It appears he still rents his old digs from that new owner. Ok, [...]
The Bond Market Clearly Expects A Rate Cut. But, When?
Watching the bond market is usually a fairly good predictor of which way the benchmark overnight rate wind blows. Everyone is speculating about an upcoming cut but I still don’t look for it at the next meeting, if at all this year.
But, pressure is building toward a cut.
Here are the historical facts - When the [...]
A New Record Set
http://www.nydailynews.com/news/2007/05/19/2007-05-19_apartment_at_plaza_goes_for_a_big_sum_50.html
<sarcasm>Yep, the panic is setting in. </sarcasm>
Five Years? Some of US are Laughing Now!
The current hysteria is going to bring about many more of these…
Global warming debunked
By ANDREW SWALLOW - The Timaru Herald | Saturday, 19 May 2007
Climate change will be considered a joke in five years time, meteorologist Augie Auer told the annual meeting of Mid Canterbury Federated Farmers in Ashburton this week.
Man’s contribution to the greenhouse [...]
So, When the Defication Hits the Ventilation System, Just How Much Protection Does This Bozo Expect From the Police he is Trashing Now?
Mayor, Speaker To Join Rally Protesting LAPD Behavior
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