Bush’s mortgage bailout
It only applies to 80,000, a mere drop in the bucket compared to the millions of mortgages about to reset. Plus, as Mish points out, seems designed to help lenders, not homeowners. Big surprise, eh?
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Month August 2007
California heat wave stresses power grid
It’s getting so California heat waves hardly rates as news, except of course if you live there, like Sue and I used too, and blackouts happen. When it’s 109 and the power goes off and with it air conditioning and…
Tucson housing
We’ve been in Tucson Arizona for a few days. Per capita income here is a low $29k. The economy is primarily based on providing homes and services for the retired. Some retirement projects have thousands of homes, all nicely managed…
How many angels can dance on the head of a Marxist pin?
Louis Proyect, The Unrepentant Marxist, has a piece on Hugo Chavez, inquiring if Chavez actually said something that was attributed to him. Here’s what Chavez may or may not have said (roughly translated from Spanish). The PSUV [Chavez’s party] doesn’t…
George Monbiot on global warming
“The second uncomfortable message I have to put out to you tonight is that when it comes to dealing with a problem of this scale, small is no longer beautiful. We have to start thinking on the biggest possible terms….”…