Monthly Archives: June 2019

Who Can Still Afford to Buy a Home?

The Mortgage Corner MarketWatch That question of who can still afford to buy a home is up in the air, as we say, since home sales have been trending lower of late and there is still a housing shortage. MarketWatch’s … Continue reading

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Answering the Kennedys’ Call to Promote Greater World Peace & Freedom

Introduction I was one of 88,000 wide-eyed, mostly white, middle class students that came to hear President John Kennedy speak on March 23, 1962 in Berkeley, California to commemorate the 94th anniversary of the University of California’s founding. We wanted … Continue reading

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How to Provide More Housing For Everyone?

ANSWERING THE KENNEDYS’ CALL thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” But the Silicon Valley giants Google, Apple, and Washington State’s Microsoft … Continue reading

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Who Pays For the Tariff Wars?

Popular Economics Weekly It’s unfortunate that we have to keep returning to the most unpleasant of topics— higher taxes. But that’s what the White House is doing with their various Chinese, Mexican, and European tariffs. They seem to be waging … Continue reading

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Saving Capitalism—Part II

Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading

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How Strong is 2019 Housing Market—Part II?

The Mortgage Corner FRED We asked just how strong is the housing market last month with rates beginning to fall again. Lawrence Yun, NAR’s chief economist, said he is not overly concerned about the trending drop in existing-home sales reported … Continue reading

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May Employment Not looking So Good

Popular Economics Weekly MarketWatch Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services and … Continue reading

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