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California home prices show year-over-year increase!
C.A.R. November sales and price report.
This just in from the California Association of Realtors: Home sales in November were 4.7% higher than a year earlier and the median price was 5.8% higher. That’s right, the median price was almost 6% higher than 12 months earlier!
Housing, especially in California still has a lot of issues to [...]
The truth about bankers
Check out this video from the Financial Times:
Banking with Bird and Fortune
“About the future of the world’s economy” Banker: “So long as it is about nothing important.”
Funny piece and probably pretty close to the truth.
HT: Felix Salmon
A Stimulus Program finally works, runs out of money in 1 week!
WSJ: ‘Cash for Clunkers’ Runs out of Gas
Good article from the WSJ on the governments cash for clunkers program. Congress allocated $1 billion and it is gone in a week! A couple of quotes from the article:
Congress had expected the $1 billion set aside for the rebates to last several months and set up the [...]
I need your vote
I am attempting to get published on another writing venture and have submitted a proposal to ChangeThis.com for one of their manifestos. This is in an area completely different from my usual topics. Go over to the link and give me a vote:
http://www.changethis.com/proposals/1736
