The conservative take on bank nationalization digested by The Consumerist. B of A chief Ken Lewis subpoenaed by state prosecutors, as reported by the Financial Times. And Dr. Housing Bubble us that the median price of a home in Southern California has declined to $250,000, a level last seen in February 2002.
Category Archives: CurrentEvents
Palms Face
If you want a hoot, head on over to the LA Times and watch Angelinos argue about where the borders of their neighborhood are defined. I just drew my own map of what I think Palms should look like.
Petrodollar Recycling, the Bubble and You: Part II
Yesterday, I commented on how we were getting a demo on how some of the money being spent on oil was coming home and speculating on the real estate market. As insightful as that was, it looks like the downturn in the Dubai real estate market is going to dwarf the rollbacks in US cities.Continue reading “Petrodollar Recycling, the Bubble and You: Part II”
Inauguration From Space
Originally located at GeoEye.com, this satellite image of the inauguration is really quite spectacular. Download the full size image of the inauguration here.
A little choked up…
I’m embarrassed to admit it, but I’m a little choked up right now.
