-
armchair commented on the blog post Happy Talk on Housing and Mortgages Masks Dangers
As to the problem of laws that force landlords to go to court and get a write before evicting a tenant, I doubt that those laws will be a concern to banksters. The banksters have destroyed established laws around recording titles, so maybe they can stampede the low level judges that handle these things into throwing away the laws that govern evictions too.
-
armchair commented on the blog post Paulson Delivered Inside Information on GSEs to Cronies
It is nice to see that the historical record is being made. It would be nicer if this report spurred some action, but why get excited?
-
armchair commented on the blog post James O’Keefe Finds Latest Liberal Plot: Smallish Progressive Think Tank EPI
This is the problem with dividing the world into two sides. EPI has just proven that they have a boatload of integrity. The EPI has nothing to do with Executive overreach, assasinations, etc. The EPI is out there providing objective data. Why do you need to have your two sides?
-
armchair commented on the blog post Obama on NLRB/Boeing Case: In General, Companies Have the “Freedom to Relocate”
This post ends some cognitive dissonance for me. I was thinking how could it be that the NLRB was taking bold liberal/progressive action under the Obama administration? Everything I know about Obama and his administrations suggests they are Reaganites. Then the speech yesterday clarified it. The NLRB thing is an embarrasment for Obama. Of course, he wants to fly on airplanes made by the cheapest labor money can buy.
I also note the Boeing HQ is now located in Chicago and so it is a reasonable guess that the Boeing brass can put the screws on the Chicago-kid.
Also, this is a great move that will serve to alienate tens of thousands of union voters in Washington state. After all, Washington is only a blue state because of Seattle and its suburbs, which is where all of those greedy union workers live.
Obama deserves to lose in 2012. I am starting to think it would be better if he did lose. With friends like Obama, who needs enemies?
-
armchair commented on the blog post Housing Prices Keep Falling Unabated
Good point. I think economists in the housing area will lose their jobs if they aren’t optimistic, with a couple of exceptions like Case-Shiller.
For me, the elephant in the room is wage deflation. If the best job anyone can get is a part-time minimum wage job, then a house should cost 20K.
No economic policy has been as successful as the combination of ideology and policies that holds down wages.
-
armchair commented on the diary post The Party Line – May 6, 2011 Spoiler Alert by Gregg Levine.
Liberal PC is rooted in concepts like probable cause, objectivity, scientific method, and all the stuff that made the Enlightenment great. Emmerson and Thoreau were giant pains in the ass too, but being a liberal is an intellectual affliction, and not a PR-game.
-
armchair commented on the diary post The Party Line – May 6, 2011 Spoiler Alert by Gregg Levine.
Thank you, Gregg Levine. I needed that.
-
armchair commented on the blog post Report: 27 Million Adults in America Not Working
This is a great statistic. It matches experience. Telling 27 millions non-working adults that we’ve turned the corner is bullshit. Telling them that things are picking up is bullshit. There is no future win, until people get back to work. I wish policy makers would focus like a laser beam on the present.
-
armchair commented on the diary post Tom DeLay GUILTY by Teddy Partridge.
Sounds like an episode of Law and Order worth watching.





