Relevant and even prescient commentary on news, politics and the economy.

Gimme Shelter: the rental affordability crisis has worsened  

Gimme Shelter: the rental affordability crisis has worsened Four years ago HUD warned of “the worst rental affordability crisis ever,” citing statistics that About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center for Housing Studies. Twenty-seven  percent […]

Cuomo: America ‘was never that great’

Gov. Andrew Cuomo at an event, where he signed anti sex-trafficking bills into law. “We’re not gonna make America great again. It was never that great. We have not reached greatness and we will reach greatness when every American is fully engaged. We will reach greatness when discrimination and stereotyping against women, 51 percent of […]

Ten Years Have Got Behind You

It has been almost ten years since: Bear Stearns folded Lehmann collapsed of its own free will I posted on this blog All of the above Those who guessed “c” or “d” are optimists. Those who are expecting a long series of posts dwelling on the correct answer of “b” (with some references to “a” […]

Weekly Indicators for August 6 – 10 at Seeking Alpha

Weekly Indicators for August 6 – 10 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Two long leading indicators are within 1% of turning negative. And two short leading indicators are also weakening considerably. A friendly reminder that not only is the post informative, but I get […]