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Archive for February 15th, 2017

Sabbatical Day 29

15 Feb

Read an article by two NY Fed economists who asserted in their 2004 piece there is no housing bubble, even though the evidence was mounting.  Reviewed some additional material including a 2002 essay that points out a housing bubble is underway.  Yet, the author does not blame the Fed.

 

 
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Celebrated Teacher Explains Why Schools Don’t Produce Well-Educated Minds

15 Feb

“Former New York school teacher of the year John Taylor Gatto identified four different connections that good education will enable in students. Perhaps unsurprisingly, public schooling not only fails at all of them, but actually seeks to do just the opposite.”

Source: Celebrated Teacher Explains Why Schools Dont Produce Well-Educated Minds | Foundation for Economic Education

 
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Mortgage delinquencies among some homeowners just spiked, spelling trouble

15 Feb

“Trump froze a move that could have saved some lower-income borrowers money, prompting criticism that it was too cautious and burdensome.”

Source: Mortgage delinquencies among some homeowners just spiked, spelling trouble

 
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The Deep State and Trump

15 Feb

 
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A Win for the Deep State by — Antiwar.com

15 Feb

The takedown of Mike Flynn.  

Source: A Win for the Deep State by — Antiwar.com

 
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Sabbatical Day 28

15 Feb

Read more Bernanke’s speeches.  Does not acknowledge the Fed’s role in the housing boom and bust. Will explore this in depth in my book.

New book on my Kindle, FED UP, an insider’s account of the Federal Reserve.  Should be enlightening.

 
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