Prices for new single family homes down YoY,, while sales fluctuate; apartment rent changes YoY are zero – by New Deal democrat June’s new home sales, and Apartment List’s Rent Report, this morning rounded out our view of this important leading sector through June. New single family home sales are the most leading of all the […]
My parents died as paupers, so there wasn’t anything for me and my four siblings to “inherit” upon their deaths. No matter. I figure I got my inheritance on the front end, because my folks paid for my college education: tuition, room and board. Even correcting for inflation, tuition* at the University of Tennessee was […]
House prices stabilize (or even increase!) for existing homes, while prices have been slashed for new homes. What’s going on? – by New Deal democrat Both the Case Shiller and FHFA housing price indexes were reported this morning through May. To quote each in turn: “The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering […]
We are again discussing people on Medicaid who may not know they have to reenroll. The largest unknowing segment of that population are those over 65 years of age. This is a combination of several different articles on the Medicaid Disenrollment occurring today. Private business again taking advantage of the lack of knowledge of people […]
In a previous post, I made the point that even if all anthropogenic greenhouse gas emissions ceased tomorrow, the half-lives of greenhouse gases already in the atmosphere, together with climate change-driven gas emissions from melting permafrost and methane clathrates doom us to decades more of warming. The only ways to avert this are (1) carbon […]
A “Big Picture” summary of why a recession still looks likely, even if it hasn’t occurred yet – by New Deal democrat The below started out as a comment somewhere else, but it is too good a “big picture” summary of where the economy is today and not to post it here. I still intend […]
As taken from this column and other sources as well. Former Ohio House speaker sentenced to 20 years in $60 million bribery scheme | CNN Politics, Sydney Kashiwagi. A Little Background: FirstEnergy and its executives denied wrongdoing and have not been criminally charged for a scheme to bail the company out. However, federal investigators say […]
One of the most famous graduates of my high school is Charlie Ergen. He was two years ahead of me, so we were in the same building for a year. I knew his name and would have recognized him (student council prez, captain of the B-ball team), but we never met. There were about 1800 […]
Dale Coberly: This is part 2 of a comment I began July 18 on Angry Bear. It is a reply to an article appearing on the internet by Andrew Herrig at wealthynickel.com under the title. “With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support,’” WEALTHY NICKEL, written by Andrew Herrig. […]
Weekly Indicators for July 17 – 21 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. At least when it comes to weekly measures of consumer spending, the “waiting for godot” recession seems to have finally arrived. Meanwhile other metrics have been picking up steam as to the near […]