Month December 2007

Commercial real estate. The next to fall

Commercial real estate will be the next domino to fall. Portfolio explains why. Lending standards fell, starkly. Or as I prefer to see it, they were thrown out of the 60th-floor window of that gleaming office tower in downtown Atlanta/Phoenix/New…

Drive By Truckers. The Dirty South

Drive By Truckers. The Dirty South Lynyrd Skynyrd meets Steve Earle in a swamp. Or something like that! From “Puttin’ People on the Moon” Mary Alice got cancer just like everybody here Seems everyone I know is gettin’ cancer every…

New Orleans public housing demolition protest

The city council of New Orleans voted unanimously to demolish thousands of public housing units while protesters tried to get into the chambers and were maced by police standing behind iron gates, some of who appeared to be smirking. Yeah,…

California greenhouse gas regulations

The Bush administration’s decision to deny California the right to regulate greenhouse gases from vehicles exploded like a grenade here and in California. But it was hiding in plain sight for weeks. Schwarzenegger says California will sue the federal government,…