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    Economics / deficits, federal deficits, fiscal policy, jobs, Obama, unemployment /

    Jobs? and Obama’s Speech

    January 28, 2010

    Well if we needed confirmation that Obama’s sudden firm focus on jobs is justified, today’s report of claims for unemployment insurance provides all we need. Claims dropped 8,000 to 470,000. The problem with this is that last week we saw a sudden uptick of 34,000, and most of the ‘experts’ thought that this week’s number […]

    Economics / home prices, real estate /

    Housing Still Soft

    January 27, 2010

    The news keeps trickling out. This week is very busy from a reporting standpoint with today’s focus on sales of new homes. The results are not that good and suggest the real estate market is still weak. This, of course, is no surprise – except to the perennial optimists ate the National Association of Realtors. […]

    Commentary / Bernanke, health care reform /

    Double Standard?

    January 26, 2010

    Ummm. Why does it take only 51 votes to re-appoint Bernanke, but 60 to pass health care reform?

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