Category Archives: Uncategorized

Housing Leads Continuing Recovery

Popular Economics Weekly Harvard economist and GW Bush chief economic advisor Greg Mankiw’s recent New York Times Upshot column attempts to explain why US growth is so slow. “Here is the sad fact,” he says: “Over the last decade, the … Continue reading

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Please Protect US, Mr. President!

Popular Economics Weekly What has happened to our gun laws—especially the assault rifle ban that expired in 2004? Australians had the courage to pass tougher gun regulations—Australia’s Prime Minister in particular, at the time. It takes political courage, in other … Continue reading

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Service Sector Economy Booming

Financial FAQs There was a huge jump in the U.S. service sector economy, our largest sector, some 67 percent of all U.S. economic activity. This is why we keep growing while most other developed and emerging economies aren’t. “The Institute … Continue reading

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Why Such Dismay At Fed Chair Yellen’s Dovish Remarks?

Financial FAQs Janet Yellen gave another speech yesterday, and stocks and bonds rallied. So you would think the pundits would applaud her speech. But, no, with approximately half of the Fed Governors saying they want higher interest rates now, many … Continue reading

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Why Did Michael Moore Invade Those Countries?

Popular Economics Weekly The answer is so simple, and sad. Mr. Moore’s latest eye-opening documentary, “Where To Invade Next” visits countries that have learned from, and adopted our laws and policies, policies that no longer exist in the U.S. of … Continue reading

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What Are Benefits of Paris Accord?

Popular Economics Weekly PARIS — More than 190 nations have agreed on a plan to limit climate change, said the conference press release, ending a decades long search for an accord requiring the world’s economies to regulate the emission of … Continue reading

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“Australia Is Not Like US”

Popular Economics Weekly “Australia is not like the U.S.” said commentator Michael Pascoe in the Sydney Morning Herald in response to President Obama’s remarks on the Umpqua Community College killings by a deranged killer, whose mother kept at least 7 … Continue reading

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Existing-Home Sales at 8-Year High

The Mortgage Corner It had to happen.  Why did June existing-home sales jump to an 8-year high? Fewer foreclosures is the short answer, hence more available for sale at market prices. But soaring consumer optimism due to an even better … Continue reading

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IRS Data Theft and Russia’s Red Notice

It has to be more than a coincidence that the recent cyber theft of IRS tax data has been traced to Russian criminals. IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers … Continue reading

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Republicans Are the Real Socialists

Popular Economics Weekly The new Republican Congress is exposing a not surprising fact. Its first actions are attempts to water down The Dodd-Frank Wall Street and Consumer Protection Act, and repealing Obamacare—which will pass the risks of financial meltdowns and … Continue reading

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