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Real Name: Duncan Black
Age: 38
Location: Philadelphia


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Tuesday, November 02, 2010
 
Happy Hour Thread

enjoy.

 
The High Cost Of Free Parking

Infinite demand.

 
The Axis Of Evil

Awesome.

 
Bankster Madness

As I keep saying, the problem with preserving the existing banking order is that the people incharge aren't exactly performing their jobs very well.

 
So What Should He Have Done

Obviously I had some ideas, but as Krugman says most people telling Obama to "focus on the economy" didn't really ever say what that means, and that's because many Villagers - and I don't mean the explicitly conservative ones - don't really believe that government is capable of doing anything good. Tbey are, however, big believers in the power of presidential theater. Maybe Obama should have landed on an aircraft carrier.

 
Early Reports

Turnout statistics from random precincts confirm your hopes or fears.

 
Heckuva Job

The increasing homeownership rate was one of Bush's pet personal accomplishments, something he was quite proud of. Oh well.


And while the decrease obviously is a bad thing in that it's the direct outcome of the housing bubble bust and a crap economy, we shouldn't be sad if this rate remains lower even once things rebound. Homeownership isn't for everyone, and we'd do better moving to a world with more renters, along with strong tenant protection laws and very light rent control. Suggesting rent control is one of those heretical things, but I mean very light rent control to protect long term renters from sudden price spikes, not hard very binding "rent never goes up" caps.

 
High Priests Of The Temple

During my time among the Econ, I was struck by a strain of self-righteousness about the incorruptibility of economists. It was sorta weird. There was a big blow up a few years back when Joe Stiglitz dared to suggest that maybe people were influenced by the people who did or might pay them.

 
Voted

Decent weather in the urban hellhole. With a little luck, Bob Brady just might pull through.

 
"The financial conditions of more of our borrowers weakened"

The extend and pretend strategy always relied on the "fact" that the economy would turn around. I think we might be hitting the wall. The link is about CRE, not residential real estate, but extend and pretend has been widespread there, too.

 
Assessment

My understanding is that the popularity of "assessment" in higher education is based on the notion that other people suck and I would like some way to prove that, one which, preferably, would not inconvenience me or demonstrate that I, too, suck.

 
Still There

There are a lot of reasons for my relative lack of enthusiasm today, a giant one being the catfood commission.

 
Remember: Vote

by Molly Ivors



Monday, November 01, 2010
 
Late Night

Rock on.


 
Philly Style

Forgot to mention that in order to vote I have to get through the New Black Panther Party poll thugs. Wish me luck!

 
Evening Thread

enjoy.

 
Election Blogging

I'll be out and about a bit tomorrow night, but I'll try to keep this place running and update on interesting results that come across the matrix, though there are certainly better election bloggers out there than me.

 
You're Only A Day Away

Will take a short walk to my polling place tomorrow and vote. Go Team D!






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Drinking Liberally