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    Economics / Case Shiller Index, home prices, ISM Business Conditions Index, jobs, real estate, unemployment /

    This Is Not Good

    June 1, 2011

    What’s that old saying? The rich get richer and the poor get poorer. Today’s blizzard of news brings that saying to the fore. I no longer think our political class is simply inept. It is supremely cynical as well. It has vectored into a discussion of issues that it alone is concerned with. At the […]

    Economics /

    How To Waste Money

    May 27, 2011

    Just a very quick note today. We have a long holiday weekend ahead of us here in the US. But I couldn’t pass this up. You all remember those notorious credit default swaps? Those nasty little, or not so little, pieces of paper that the boys and girls on Wall Street play with. Like matches […]

    Commentary, Economics /

    Republicans and The Slowdown

    May 26, 2011

    This morning’s news simply carries on our current theme: the economy is stuck in a low gear, and is seemingly unable to accelerate. The revised GDP figures are hardly worth mentioning in any detail since they end up with first quarter growth at a rate of 1.8%, identical with the preliminary numbers announced last month. […]

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