Asides
Geithner mumbles
2.12.09- Tresaury Secretary Timmy Geithner left reporters, investors, the public, and Scientologists scratching their heads over the federal government’s latest incarnation of the bailout of the banking system. Instead of clearing the air about this troubling issue, Geithner decided to fill the airwaves with useless drivel.
Housing market is barely breathing
12.16.08- The housing market is barely breathing. According to Marketwatch.com, housing starts plunged 47% in the past year, down 73% from the housing bubble’s frothiest days. And building permits plummeted 48% in the past year, off 72% from the peak of real estate lunacy. There’s still a glut of unsold McMansions, and foreclosures are rising. [...]
Real estate market still sinking
Oct. 17,2008. New records are being set almost every day now – too bad they’re all bad. The Commerce Department just reported that construction of new McMansions and luxury condos dropped an unhealthy 6.3 percent – a decrease of 1.6 percent was anticipated.
This brings the home construction to the lowest level since 1991. And the [...]
Maverick Reformer Palin Violates Ethics Law
It’s 11pm and I can’t seem to turn this diabolical machine off. I was checking my Yahoo email account and I saw a story about a bipartisan Alaska panel finding Republican Vice Presidential nominee Sarah Palin in violation of a state ethics law prohibiting public officials from using their offices for personal gain.
In a [...]
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