Boosting Prices So The True Economic Recovery Can Begin

Readers suggested a topic on the latest revelations and proposals from the central bank. "Is it perhaps really true that 'Nobody could have seen it coming'? It isn’t as though an army of gadflies didn’t try to warn the Fed about where things were headed.' 'Newly released transcripts of Fed meetings...
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The Downward Spiral That We See Today

It's Friday desk clearing time for this blogger. "In 2007, Mohamed and his wife, Wanda, owned their three-bedroom Hallsville home free and clear. But with their five children, the husband of their oldest daughter and a grandchild also living under their roof, they needed a larger home. When the...
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Everything Has Been Turned Upside Down

The Missoulian reports from Montana. "In 2011, 187 Bitterroot Valley residents officially lost their homes to foreclosure when trustee deeds were filed with the Ravalli County Clerk and Recorder. That was 19 more than were filed the previous year and double the number from 2009. 'What's happened is...
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You Have Three Minutes, Give It Your Best Shot

Readers suggested a topic on future film plots. "Here’s an actual suggestion: movie plots for a decade from now, either set at that time or looking back as the 2000s. Here’s one: 'Back to Vietnam.'" "The head of the Chinese politburo calls the President of the United States. The Vietnamese have...
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Normal Is Hard To Define After A Period Of Excess

Readers suggested a topic on the latest Federal Reserve actions. "Posted last night: U.S. NEWS, Bank Warns Congress That Tight Lending Standards Threaten Wider Economy. The Federal Reserve, in an unusual foray into housing policy, expressed alarm over the battered home market and called for more...
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Selling The Ponzi Scheme

It's Friday desl clearing time for this blogger. "Huang Qifan, mayor of Chongqing, recently told the Wall Street Journal that the government has a 'sacred responsibility'to cap home prices at a ratio of 6-7 times household income. Huang illustrated his point with data on Chongqing in response to a...
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