It appears, big business is “beginning” to take exception to what Republicans are doing at the local level to suppress the right to vote by the poor, the minorities, etc. It is about time for those who can exert such pressure on state legislatures to do so in support of the right to vote. It […]
by Joseph Joyce The Need for a Global Corporate Tax Regime When the Organization for Economic Cooperation and Development began its call for a reform of the rules of global taxes in order to clamp down on the avoidance of taxes by multinational corporations, its efforts looked quixotic. But the OECD persisted, and U.S. Treasury Secretary […]
by New Deal democrat Housing and the economy, now and in 2022 – recession caution? My long-form review and forecast of the housing market and its potential effect on the 2022 economy is up at Seeking Alpha. If the market stays like 2014 when interest rates went up, no biggie. But if it’s more like the […]
New jobless claims rise slightly, expect a big payrolls gain tomorrow New jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. They are going to tell us whether, as the number of those vaccinated continues to increase, there will be a veritable surge in renewed commercial […]
Via Truthout , (https://truthout.org/articles/flood-risks-are-rising-amid-climate-change-but-congress-is-delaying-action) comes a reminder of a perennial problem: Floods are the most common disaster in the United States. And the 2020 hurricane season was the busiest to date in the Atlantic — 73 percent more “active” than normal, The Washington Post reported, with a record number of storms breaking ground on U.S. soil, totaling $37 billion in damage. The frequency of what is […]
This may be the most important housing chart of springtime 2021 My longform housing market analysis is almost complete, and will probably get posted later today or tomorrow at Seeking Alpha. I’ll post a link here once that is done. In the meantime, consider the following. The Case Shiller national house price index had another […]
The Iran-China Deal Yes, this 25-year deal is a big deal, just recently signed and not getting much attention in the US media. Juan Cole has called it the most important deal involving China and the Middle East since the days of the Mongol Empire in the 1200s, when both what was then Persia and […]
Off and on, in 1967, 68, 69 & 70, I worked the San Francisco waterfront as a marine electrician troubleshooter while going to University. Then, there were still the freighters owned by big shipping lines, the cruise lines, and a lot of the old Victory ships coming and going from SF. I worked on all […]
An Investment in the Future It is said that Eisenhower brought home the Autobahn; that he foresaw the need for airports. Let us say that President Eisenhower, seeing these needs for infrastructure, brought America into the 20th Century, and say, “Thanks, Ike.” Through the years, the interstate gave everyone access to work, to recreation, to […]