by Mike Kimel Home Values: Delusional Buyers, Bank Squeezers and Zillow Via Barry Ritholtz, a link to a post at Time Moneyland post which led to a post at the Zillow blog: Zillow recently compared the asking price of 1 million for-sale homes with those homes’ previous purchase price, then factored in the change in […]

I had a post on the federal deficit talks and the speeches made to ‘resolve’ the political emergency, perhaps to turn into a fiscal emergency, and surely to further idealogy. But this picture was so much more accurate. (no attribution found)

Not Scarcity, But Surplus is the Problem (Just as Dismal, though) by Noni Mausa, lifted from comments at Economist’s View They were discussing scarcity last week at Economist’s View. But to my mind scarcity isn’t our core problem. I wrote (and then edited a bit for this post): ======= Yes, scarcity of resources is fundamental […]

If Obama’s first term is a different thing than GW’s third term, why is Obama’s Secretary of Defense telling US troops that that they’re in Iraq because the US was attacked on September 11?

Health Care Thoughts: Draft Exchange Rules Published The Obama administration has published draft rules for the formation and operation of Affordable Insurance Exchanges, a key element in the PPACA (Obamacare) plan to increase insurance coverage. There is a 75 day comment and then more time to digest the comments before final rules are issued. Implementation […]

by Beverly Mann Update: Business journalist Merrill Goozner has a terrific in-depth deconstruction of the so-called Texas Miracle at TheFiscalTimes, at Perry’s Texas Miracle less than meets the eye, published last Friday. Texas, the jobs engine? Or Texas, the jobs-laundering engine? An op-ed piece mentioned by a reader two weekends ago in the LA Times, […]

by Mike Kimel A Post: Tax Burdens, Presidents, and Subsequent Economic Growth – A Few Pictures, Part 1 Last week I had a post looking at the relationship between the change in the tax burden in the first two years of a Presidential administration and the growth of real GDP during the remaining years of […]