Will the Europeans be stupid enough to do it? Updated!

From The Wall Street Journal: Greece Asks for Third Bailout Amid Last-Minute Diplomatic Push Athens nears expiration of European bailout program, likely default on IMF loan repayment By Viktoria Dendrinou, Nektaria Stamouli and Gabriele Steinhauser | Updated June 30, 2015 11:58 a.m. ET BRUSSELS—Greece on Tuesday requested a new bailout amid a last-minute diplomatic push …

Continue reading ‘Will the Europeans be stupid enough to do it? Updated!’ »

We told you so!

From The Wall Street Journal: Stocks Tumble Around the World on Greek Crisis European stocks and bonds, as well as the euro, fall as Greece shuts banks and implements capital controls By Tommy Stubbington and Josie Cox |Updated June 29, 2015 8:08 a.m. ET A sudden deterioration in Greece’s debt crisis shook global markets Monday. …

Continue reading ‘We told you so!’ »

Yorkshire called it, years ago

Whilst looking back through some old Common Sense Political Thought articles, I found this sadly prescient one from Yorkshire, from 4½ years ago: Census: Fewer than 10 percent of (Baltimore) city households are nuclear families. What could possibly go wrong??? Posted by Yorkshire on 19 December 2010, 10:42 pm Census: Fewer than 10 percent of …

Continue reading ‘Yorkshire called it, years ago’ »

Mortgages and the lower income earners

From The Wall Street Journal: Why the U.S. Housing Recovery Is Leaving Poorer Neighborhoods Behind Home prices in wealthier areas are rising, but many poor communities are stuck with a housing crisis that drags on By Joe Light | Updated June 23, 2015 11:20 p.m. ET The housing rebound may have lifted home prices across …

Continue reading ‘Mortgages and the lower income earners’ »

Can someone please tell the truth here?

From The Wall Street Journal: Greek Bailout Proposals Lift Hopes of Deal Athens makes a potentially major concession on pensions, officials say By Viktoria Dendrinou and Nektaria Stamouli | Updated June 22, 2015 10:20 a.m. ET BRUSSELS—The eurozone is working toward a deal later this week on desperately needed bailout aid for Greece, European policy …

Continue reading ‘Can someone please tell the truth here?’ »

We told you so!

From The Wall Street Journal: Eurozone Summit Called After Ministers Fail to Reach Bailout Deal Special summit of eurozone leaders called for Monday By Viktoria Dendrinou and Gabriele Steinhauser | Updated June 18, 2015 6:33 p.m. ET LUXEMBOURG—Eurozone leaders will try to clinch a deal on Greece’s flailing bailout at a hastily called crisis summit …

Continue reading ‘We told you so!’ »

Unintended consequences? Once again, the left try to help

In an article published in the Citizen Voice and Times of Estill County, Kentucky, but not archived on the newspaper’s website,1 we are told that Hospice Care Plus (HCP), the sole provider of hospice services in Estill County, asked the county Fiscal Court for assistance during a special court meeting on May 21st. A change …

Continue reading ‘Unintended consequences? Once again, the left try to help’ »

The success of socialism

‘Twasn’t so long ago that the then-President Hugo Chavez of Venezuela was a hero to the American left, with his Bolivarian socialism and constant criticism of President George Bush. Well, Señor Chavez has gone to his eternal reward, and Venezuela, still governed by socialists, is reaping the rewards of socialism. From The Wall Street Journal: …

Continue reading ‘The success of socialism’ »

Already in the tank

From The Wall Street Journal: Labor Gives Clinton Room to Maneuver on Trade Talks Democratic front-runner has remained neutral on a hotly debated issue By Laura Meckler and Melanie Trottman | Updated May 17, 2015 7:46 p.m. ET LAS VEGAS—Michael Collins, a nurse and active member of his local union, isn’t happy about free-trade legislation …

Continue reading ‘Already in the tank’ »

Housing prices

From The New York Times: Priced out of Brooklyn? These 5 Manhattan neighborhoods may be a better value http://t.co/zqyisz4Ekp pic.twitter.com/IWRGlR4OWK — The New York Times (@nytimes) May 9, 2015 Really great, huh? Some Manhattan neighborhoods are less expensive than Brooklyn, but the picture that the Times used shows bars on the windows and door. If …

Continue reading ‘Housing prices’ »