Posts Tagged ‘economy’
From the Newswire: January 12, 2008
Bulgaria is freezing its collective buns off… and mad at Russia to boot. I wonder how many political points we could pick up by sending about 1 million electric heaters to places like Bulgaria? That sounds like good economic stimulus to me, actually exporting something… That said, apparently the gas will resume flowing pretty soon, [...]
Suburban Ghost Towns
Nice, short read on Houston Tommorrow Growth News today… Foreclosures and bankrupt developers are leaving vacant lots and homes in their path Stories about half-built subdivisions left largely empty due to the collapse of the home financing market are increasing in numbers as the broader economic crisis sets in, and even what was once “prime [...]
The best documentary I’ve ever watched
Everyone in America needs to watch this report and think about it. PBS put together a program outlining the connection between energy prices, transportation systems, the mortgage crisis (which has created the financial meltdown), and US History. It’s fantastic, and you owe it to yourself to watch. The key feature, the absolute home run they [...]
Suburban Swing
From CNN today: Suburb’s Pain Could Swing Election I couldn’t agree more. This is the most critical issue that nobody is talking about. Highlights from the article: The plunge in the housing and financial markets, and the spiking of energy prices, have assured that the economy will be the top issue among rich and poor [...]
Two original thoughts
As the title says, I have two original thoughts on this. One will come as no surprise to people who read this blog, the other, I think is new. #1: Banks and the Housing Bubble… So, the biggest problem underlying everything else right now is the bursting housing bubble. We’ve got way too much housing [...]
From Yahoo Finance:
Courtesy Ben Stein: 12 Ways to Ruin the US Economy 1) Have a fiscal policy that creates immense deficits in good times and bad, burdening America’s posterity with staggering burdens of repaying the debt. 2) Eliminate regulation of Wall Street and/or fail to enforce the regulations that already exist, instead trusting Wall Street and other [...]
The end of arrogance?
Fascinating article from Germany, it’s a long read, but the outlook echoes what’s happening on the street. The banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. We’re drifting [...]
Food for thought, September 25
First, this was great: “My Car is More Important Than My Body” for a LOT of people, their cars are their livelihoods. It gets them to work, to school, to the store, and it hauls around other people and things. It get them from point A, to point B and C and D and back [...]
Reasons 1, 2 and 3 why we need transit!
This article in the LA Times got me thinking… I generally enjoy reading about transportation related issues, it’s fun seeing all the different perspectives, people who have ‘evidence’ that transit saves money smash their heads against people who have ‘evidence’ that it costs money. Everything costs money, get over it. All transportation is subsidized, congratulations. [...]