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    Economics / home prices, recession /

    Housing Prices Still Overheating

    June 12, 2006

    A study just released here: Global Insight: 1st Qtr. Housing Report shows that the amount of housing in America that is overpriced markets is rising, rather than falling. This is despite the softening of house prices. Typically home prices fall by about half the level of overvaluation, and the adjustment takes around three years. So […]

    Politics /

    NSA Gets Worse

    June 12, 2006

    It is a sad day when the government of the “Land of the Free” argues that a judge should drop a case because to continue will harm the security of the country. The evidence that the nation’s security is at risk? Well that’s secret, so the government says the court should just take it on […]

    Politics /

    Violent Crime Rises

    June 12, 2006

    Violent crime in the US rose for the first time in five years, with the fastest rise coming … you guessed it in those red states, bastions of morality and civility. The New York Times has the report here: Violent Crime Is Up for 1st Time in 5 Years Most of the largest cities acrosss […]

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