Laziness and Equality

From ASI:

Some say this is unfair because it offers the rich more options than the poor. But to stop people from being able to pay for places just to bring them down to the level of the poor is completely backwards – we should be trying to see how we can raise the . . . → Read More: Laziness and Equality

Ripping the Guts out of Recovery

The U.S. has a temporary reprieve on the debt ceiling limit – tax revenues have come in higher than expected in the early part of the year, reducing the needed pace of borrowing by the U.S. government. While this has pushed the deadline for Congressional action back by a month or more, the . . . → Read More: Ripping the Guts out of Recovery

Must..... include...... Pittsburgh... and that darn transfer tax

The website thestreet.com has yet another list of cities unaffected by a bad economy and yup Pittsburgh must be on it.  Some interesting semantics in it. I  suspect they wanted to title that cities unaffected by recession, but the recession itself has been officially over for some time. We are going to make it to the . . . → Read More: Must Include Pittsburgh… and That Darn Transfer Tax

Economic Events on May 11, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 6.7% in the Purchase Index and a week to week increase of 9.0% in the Refinance Index.

At 8:30 AM EDT, the International Trade report for March will be released.  The consensus is . . . → Read More: Economic Events on May 11, 2011