Housing Bubble revisited Saturday, December 11, 2004Housing Bubble, RevisitedAfter reading Kash’s first housing post, I read the paper he cited, “Are Home Prices the Next Bubble?” (FRBNY Economic Policy Review, Dec 2004). While there is a lot to chew on, I share Kash’s skepticism. In particular, the authors rely heavily on quality adjusted housing prices […]
Hearing that democratic turnout has been stronger in the past primaries prior to Super Tuesday, I used C & L’s chart data to total up the voter count. I exclude the states that did not have duel party primaries. The turnout was 14,865,735 democratic to 8,929,123 republican. The republican turnout was 60% of the democratic […]
I came across this site: Voice of the Middle Class. They have organized the candidates by issue and voting record. They have created comparison tables by issue listing the solutions on the side and candidates across the top with a check mark if they support. They have tables by candidate for each issue. You can […]
The GAO has a report on quality control of high risk devices (pacemakers for example) for US manufactured and foriegn made. The report also mentions dilemmas faced in drug manufacture from another report done last November on the issue of quality control for all drug manufacturing. A simple adage to remember is that “the quality […]
…in the course of responding to a linked Fallows piece in theAtlantic in comments at Ezra’s I ran across a very intriguing chartfrom Treasury Fallows was putting out the standard line: We buy toys from China,China turns around and finances our deficit, ultimate end resulttrainwreck. Well oddly enough the numbers don’t support that at leastfor […]
Paul Craig Roberts [former US Assistant Secretary of the Treasury; co-author (with Lawrence Stratton) of The Tyranny of Good Intentions]: writes The only case the DOJ was able to manufacture against Padilla was that he was a “terrorist-wannabe.” Padilla was thus indicted on the Benthamite grounds that he might commit a terrorist act in the […]
The NBER committee that officially determines the dates for recessions has a few favorite, or key indicators that it gives much more weight. One of the indicators is real manufacturing and trade sales. Not many people pay much attention to it because it does not have its own press release and wall street traders do […]
The other big economic report Friday came through late in the afternoon and did not get much attention. But it was also discouraging. Auto sales fell from 16.3 M (SAAR) in December to 15.2 M (SAAR) in January. So we are starting the first quarter with a sharp drop in both employment and demand.
Nothing in the report is encouraging. Moreover, wage growth continues to weaken.
Hi folks. I have the basic shell and template set up for AB, including our colors. I have the beginning link categories, a link in each, and the start of putting in more widgets. The corners will be fixed at the end of the process. There are “mistakes” in that I was inserting data to […]