Now it's time for some posts from "Some Assembly Required". Please follow link to original
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Dead Hoarse: Christian Noyer of the European Central Bank joined the chorus flatly ruling out any restructuring of the Greek debt, saying “there’s no solution possible” other than austerity. Ditto for Portugal, Ireland, Spain, and, soon, Italy. The fact that austerity hasn't worked in the UK, Ireland or Greece, doesn't mean another dose won't work wonders.
Aide de Memoire: Make a list of the Republicans lining up to pledge their lives, their fortune and their sacred honor to defending the Ryan budget. Next year you can compare it to the list of Republicans who claim they never heard of it – or they supported it because it was the right thing to do, only the narrow minded Democrats wanted to keep Medicare and Social Security and tax the rich.
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(good old Georgia -- I know some folks who live there and are VERY hostile to ALL immigrants - they sound just like the folks who hated Italians, Jews, and all the various Slavs back some years ago. They tend to be folks who willingly cut off their nose to spite their face. -- Anyway here's the post from "Some Assembly Required")
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Best Intentions: Georgia Republicans, in a panicked rush to appease the right wing over immigration, have passed a law that will keep farmers who need large numbers of help – say picking onions and peaches – from hiring illegals. This will result in fewer peaches and onions being picked, but will have little effect of immigration, which will still be necessary to provide roofers, gardeners, maids...
Case-Shiller: National House Price Index Up 3.9% year-over-year in September
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Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller:
National House Price Index Up 3.9% year-over-year in September
Excerpt:
S&P/Case-Shil...
2 hours ago
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