Lawyers, Wealth, and Judges
California Watch has a piece on the chief justice of the Ninth Circuit Court of Appeals. Seems he wants poor judges. I have a problem with that. Judges come from the lawyer pool, and there […]
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California Watch has a piece on the chief justice of the Ninth Circuit Court of Appeals. Seems he wants poor judges. I have a problem with that. Judges come from the lawyer pool, and there […]
Read moreThings don’t look so good for Harrisburg PA. Here’s what CNN has to say: The capital city Pennsylvania is broke and will be skipping this month’s multi-million dollar bond payment.On Sept. 15, Harrisburg, Pa., was […]
Read moreThe August employment report is out this morning. The United States unemployment rate rose slightly from 9.5 to 9.6 percent, driven more by labor force gains than employment losses. The non-farm job losses occurred in […]
Read moreYesterday, the Los Angeles Times had an article on the decline of illegal immigration into the United States. It is unpopular to say this, but this is bad. There is lots of evidence that immigrants, […]
Read moreThe FDIC’s quarterly banking profile, providing data for quarter 2, was released today. The number of 2010 United States bank failures will likely exceed the 2009 failures, the FDIC reported. This was as I reported […]
Read moreI just finished California Crack Up by Joe Matthews and Mark Paul. For me, the book was not quite fulfilling, and it took determination to read the final 30 pages or so. There was some […]
Read moreThe Bureau of Economic Analysis released their second estimate of United States 2010 second quarter Gross Domestic Product today. The revised estimate of 1.6 percent real GDP growth is much lower than the initial estimate […]
Read moreThe July California jobs report shows continued weakness for the Golden State’s labor markets. Annualized month-on-month job growth declined 0.8 percent. Year-on-year job growth also declined 0.8 percent, and the unemployment rate held at 12.3 […]
Read moreLast winter I gave a forecast to the agents of a commercial real estate company. The forecast was necessarily negative, but it was well received by the agents. The company’s president was another matter. He […]
Read moreIt’s not everyday that Greg Mankiw and Paul Krugman agree. When they do, it’s worth thinking about. Here are their blog posts: Krugman & Mankiw. The topic is a Taylor Rule, which is a method, […]
Read moreEvery morning I have this little battle with myself. Will I listen to music, news, or business news? I know I should do one of the latter two, but I really like music. Mostly, I’m […]
Read moreThe Center for Responsible Lending has published a report “Dreams Deferred: Impacts and Characteristics of the California Foreclosure Crises”. I focus my comments on two of the points made in their report. According to their […]
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