Category Archives: Politics

What Is the Real Inflation Rate?

The Mortgage Corner MarketWatch Nobel Prize-winner Joe Stiglitz has weighed in once more against Chairman Powell’s Federal Reserve boost of short-term interest rates further; because curent short-term rates have almost returned to the 2 percent target range—if we consider what … Continue reading →

Posted in Consumers, COVID-19, Economy, housing market, Politics, Weekly Financial News | Leave a comment

Q3 Economic Growth Even Higher!

Popular Economics Weekly BEA.gov What is going on? The U.S. of Economic Analysis (BEA) just revised third quarter GDP growth higher, from 2.6 percent to 2.9 percent. And why? Mainly because consumers upped their spending in Q3, which increased 1.7 … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Americans Still Fully Employed

Popular Economics Weekly MarketWatch Every sector added jobs in October’s nonfarm unemployment report except mining, and the unemployment rate is still at a record low of 3.7 percent, even with the Fed promising to continue to raise interest rates. “Total … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Healthy Economy Should be Fed’s Priority

Financial FAQs Calculated Risk Just days before an election that may decide the future growth path of the U.S. economy, the Labor Department’s JOLTS report shows Americans still fully employed. It seems companies aren’t yet ready to shrink their payrolls … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

How Should We Remember 9/11?

ANSWERING KENNEDY’S CALL BuildingCommunity I wanted to remember 9/11 when I wrote my memoir on the Kennedy era that has just been released. It was also a time of busted communities, a Vietnam War that split Americans. It was an … Continue reading →

Posted in Politics, Uncategorized | 4 Comments

Inflation Not The Real Problem

Financial FAQs FREDcpiinflation Inflation is falling again with national gas prices below $4 per gallon while food prices are also beginning to decline. The NY Times’ Paul Krugman has also pointed out that food prices should continue to decline per … Continue reading →

Posted in Consumers, COVID-19, Politics, Weekly Financial News | 1 Comment

Cesar Chavez and The United Farmworkers of America

Answering Kennedy’s Call Chapter Seven I had heard of the United Farmworkers Union several years earlier while working as a television news cameraman for KTTV Channel 11, a Sacramento TV station. One shoot was a weekend special report on the … Continue reading →

Posted in Politics, Uncategorized | Leave a comment

‘Armed and Ready’…for What?

Answering Kennedy’s Call NYTimes.com The NY Times front-page picture of a teacher “armed and ready” to wear a gun in her classroom shocked and disheartened me. I remember the fear I felt as a small child hunkering under classroom desks … Continue reading →

Posted in Politics, Uncategorized | Leave a comment

Failure of the Bully Mentality

Answering Kennedy’s Call UvaldeSchoolDistrict/AP We need no more evidence than the Uvalde Elementary school massacre that the gun-toting male machismo of the NAR and extreme gun rights advocates doesn’t protect children or adults, Adults with military weaponry and tactical gear … Continue reading →

Posted in Consumers, Politics, Uncategorized | Leave a comment

Putin’s Czarist Delusions

Answering Kennedy’s Call Letter to New York Times I cannot agree with Tatiana Stanovaya’s implicit conclusion in her article on Putin and the Kremlin’s delusionary behavior (July 19 Op-ed) —that we must fear a nuclear holocaust if we don’t placate … Continue reading →

Posted in Politics, Uncategorized | Leave a comment