An Act Of Faith

A poster suggested this topic. "Any chance Congressional Republicans will muster the political might to put the kibosh on Yellen’s nomination? Given the political importance of the Federal Reserve Chair appointment, would it make sense to reconstitute it as an elected position?" A reply, "Where...
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A Tool For The Ruling Class To Plunder

It's Friday desk clearing time for this blogger. "Portland is easing into the real estate market’s slower months, and prices and sales volume are falling as a result. 'The first half of the year was such an active market that I’m not sure we could have continued on that trajectory,' said Jason...
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Dip Suggests Price Spikes May Slow Down

The Sun Sentinel reports from Florida. "Palm Beach County home prices increased in September from a year ago, but the most recent six-month trend shows the single-family market clearly is cooling, analysts say. The county's median price for existing homes last month was $250,000, up 11 percent from...
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Sellers Will Have To Get Realistic

The Press Enterprise reports from California. "The Inland region’s feeding frenzy on house-flipping has subsided, a third-quarter report by RealtyTrac suggests. Bernie Bramante, a Realtor with Rancon Real Estate in Temecula, says he’s seen a shift in the dynamic play out in recent months. Sales...
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The Centerpiece Of A Long-Running Debate

Reader suggested a topic on direction. "What is the answer and who has it? Are there any adults any longer in this country? You can say what you want about the Tea Party but at least they are trying to make a difference. For those of you who think the ACA will not add to the debt in this country...
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An Opportunity To Lose A Lot Of Money

It's Friday desk clearing time for this blogger. "One of Mark Carney’s first goals when he took over as Governor of the Bank of England in July was to build confidence among businesses and consumers that they could count on low interest rates being around for a while. The British are borrowing all...
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