Median home prices in priciest U.S. markets: San Jose, Calif.: $980,000 San Francisco: $841,600 Anaheim-Santa Ana, Calif.: $685,700 Honolulu: $698,600 San Diego: $547,800 Click here for story.[...]
Posts Tagged ‘Economy’
July 24th, 2015 - 12:28 pm § in Politics
Is Dodd-Frank killing small banks?
That’s what anti-regulation Republicans — the folks who gave you the 2008 financial meltdown — claim. But the reality is something different. Yes, small banks are disappearing. But it’s due to market forces, not the heavy hand of government. As this chart shows, small banks h[...]
July 20th, 2015 - 8:35 am § in Misc.
BREAKING NEWS: Oil prices plunge after Iran announcement
So who gets hurt ..US OIL! The fracking revolution depends on high priced oil. The fall in crude oil prices by 2 percent following the announcement of the nuclear deal with Iran may explain the Republican anger at the deal. Sarosh Zaiwalla, a London-based sanctions lawyer, told Reuters [...]
July 7th, 2015 - 11:31 pm § in Misc.
Is Puerto Rico America’s Greece?
The similarities between the fiscal problems in Greece and Puerto Rico are more than unnerving….[...]
July 4th, 2015 - 10:10 am § in Politics
“Austerity is an ideology”
“No country in the history of the world has ever cut its way to prosperity” And yet that’s the regimen conservatives want to impose on every economy they can get their hands on.[...]
July 1st, 2015 - 11:01 pm § in Politics
Supreme Court draws a bead on public sector unions
Public-sector unions are the last bastion of America’s union movement that was born of the labor exploitation and abuses of the 19th century. Domestic manufacturing’s decline has contributed to a drastic drop in private-sector union membership — and with it, middle-class prosperity[...]
Why the rich are doing great while the middle class isn’t
“There are several reasons why the top 1% has done so much better, says Josh Bivens, EPI’s research and policy director. These include tax cuts for the rich, deregulation of Wall Street and big increases in executive compensation. At the same time, the weakening of unions and the failure[...]
June 12th, 2015 - 10:30 pm § in Politics
TPA is dead! Long live free trade!
“What most Americans have experienced are more foreign products on shelves, weak job growth for Americans, and declining living standards for all but the wealthy.” Ordinary Americans apparently have reached the end of their rope with politicians who give away their jobs — especiall[...]
UPDATE: THE GREEKS, explained by Roger Rabbit
Greek crisis: ‘We rely on imports. Soon even the most basic goods won’t be available’ Greece is facing a humanitarian crisis and business is likely to suffer because of capital controls, say Greek MPs and business owners Greece debt crisis: vote yes to stay in the euro, says Jun[...]