Category Archives: Economics

Why the Housing Market Hasn’t Hit Bottom Yet

I posted the following in a comment over at Megan McArdle’s blog in response to her post “Why I Think the Housing Bubble Has Not Yet Bottomed” :   Investing genius Peter Lynch wrote a wonderful book back in the … Continue reading

Posted in Economics, Mortgages, Real Estate | Leave a comment

Morning Bell Nails Obama’s Feet to the Ground

Obama’s tap-dancing with facts and statistics may buy him a temporary pass, but Morning Bell has nailed his feet to the ground on the employment numbers he promised voters. He has presented ever-shifting explanations for why the actual unemployment numbers aren’t … Continue reading

Posted in Barack Obama, Economics, Unemployment | Leave a comment

Obama’s Secret Strategy to Socialize America?

Kevin Hassett over at Bloomberg is speculating that Obama’s strategy is to effectively bankrupt American businesses so that he can nationalize them. It’s one of those theories that six months ago people would have dismissed as a kooky conspiracy theory, … Continue reading

Posted in Business, Democrats, Economics, Leftists, Socialism | Leave a comment

Is Obama Losing the Media?

Obama’s most important constituency, the media, are showing signs of restlessness with his brazen lying about the effects of his “stimulus.” Could it be that The Annointed One has finally gone too far? With all these people out of work, … Continue reading

Posted in Barack Obama, Economics, Media Bias, Politics, Unemployment | Leave a comment

Lifestyle Taxes Coming to a Home Near You

Don asks what lifestyles are the next to be taxed? This is a danger I used to warn people about more than a decade ago when it became all the rage for the federal and state governments to raise revenues … Continue reading

Posted in Barack Obama, Democrats, Economics, Taxes | Leave a comment

On the Bailout….

I left this in the comments at Ace’s place: FWIW, here’s my prediction of where things go from here: I think there’s going to be a deal. That deal will include at least a nod to the plan put forth … Continue reading

Posted in Economics, Elections, John McCain, Politics, Polls, President 2008 | Leave a comment

Real Estate Bubbles and Realtors

For all the scorn and blame that has been heaped on mortgage brokers during the last year, realtors have surprisingly escaped getting their fair share of the blame for the recent unrealistic run-up in real estate prices. I have long … Continue reading

Posted in Business, Consumer News, Economics, Legal, Real Estate | Leave a comment

It’s Only Living If Someone Else Is Doing It

In just the latest round of Democratic hypocrisy, the state of Maryland (my home sweet home) thinks that everyone deserves to get paid a “living wage,” unless of course that somebody happens to work for the state of Maryland. For … Continue reading

Posted in Democrats, Economics | Leave a comment