Monthly Archives: January 2020

How We Can Build Peace in the 21st Century

Answering the Kennedys’ Call It was a humbling experience to join more than 1,000 Rotarians and other peacemakers at the 2020 Rotary World Peace Conference this January. It gave me hope to see both young and old attending to learn … Continue reading

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How We Can Build Peace in the 21st Century

Answering the Kennedys’ Call It was a humbling experience to join more than 1,000 Rotarians and other peacemakers at the 2020 Rotary World Peace Conference this January. It gave me hope to see both young and old attending to learn … Continue reading

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Has the Housing Market Recovered?

The Mortgage Corner FRED The just-released single-family sales graph highlights a very important fact. New-home sales—especially for single-family residences—are back to historical levels last seen in 2000. The Great Recession and oversupply during the housing bubble caused so much damage … Continue reading

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Martin Luther King Jr.’s Call for Peace

Answering the Kennedys’ Call Daily Kos Martin Luther King, Jr. was assassinated on April 4, 1968, and his loss is felt even more than 50 years later as we continue to fight wars both foreign and domestic. He was organizing … Continue reading

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Retail Sales Strengthen Q4 Growth

The Mortgage Corner FRED It looks like consumers came through during the holidays, as retail sales jumped 0.3 percent in December and are up 3.5 percent from a year ago, per the above FRED (St. Louis Fed) graph. It might … Continue reading

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Housing Construction at 13-Year High

The Mortgage Corner Wrightson.com U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion … Continue reading

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What Is American Socialism?

Financial FAQs What is American Socialism that candidate Bernie Sanders has talked about ever since he has been running for President? In fact, our one and only example of something that represents any definition of Socialism and concerted government planning … Continue reading

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December Job Formation Slipping

Popular Economics Weekly MarketWatch This MarketWatch graph gives an instant picture of December payroll formation. The consumer-driven service sector is booming with more than 154,000 nonfarm payroll jobs created in December, but 19,000 jobs were lost in the Mining and … Continue reading

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Why Irrational Exuberance In A Year of Living Dangerously?

Financial FAQs Wrightson.com We are now living in a much more dangerous world, because there is the possibility of war in the Middle East that is accompanying the various trade wars waged by the “Make America Great” White House. In … Continue reading

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2020—A Year of Living Dangerously

Popular Economics Weekly FRED.gov There is plenty of speculation on the effects of killing Iran’s Quds Force General Qassem Suleimani. Of course the first question is how Iran will retaliate? But terrorist attacks by its proxies, such as by the … Continue reading

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