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Category: Current Affairs

  • Ruminations – 5mar2009

    George Rebane People in Washington state are considering making divers state funded commissions – e.g. Commission to Rehabilitate Cross-Eyed Returning Salmon 😉 – to re-justify their purpose, reason for existence, and therefore getting funded this year.  In happier times these do-nothing-but-impede outfits just got their annual stipend, and went about their busybody business.  Now someone…

  • Ruminations – 25feb2009 (updated)

    George Rebane President Obama’s speech last night – awesome delivery, the man sure can talk us up proud.  And with Nancy and ol’ Joe sitting behind him, I had a feeling similar to what the liberals must have felt when W was at the podium with VP Cheney and Speaker Hastert bringing up the rear. …

  • Shovel Ready or Not

    George Rebane So here’s the list of all the states’ projects ready to be stimulated.  Four or five million jobs in the offing and happy times are here again.  Our governator has forsaken his fellow governors at the Washington conference, and taken along his dress knee-pads to meet with President Obama.  The goal is to…

  • Follow the Federal Money to The Great Divide

    George Rebane The flow of federal monies is always of interest to me in the sense of who are the net exporters of cash and who are the net importers.  That information has been harder to assemble than I thought, so while doing a recent search I was pleased to stumble onto the Northeast Midwest…

  • Ruminations – 20feb2009

    George Rebane Stimulus Package $787B (SP787) came with Obama’s promise of programs “laying the groundwork for new green energy economies that can create countless well-paying jobs.” – five million at latest count.  Furthermore, the green energy industry would become an “engine of economic growth” to rival the computer revolution.  Well, either the people inside the…

  • The Federal Control of Media Act of 2009

    George Rebane Naah! nobody who wants to go after our First Amendment rights or start censoring our media would call it that.  How about something like ‘Fairness Doctrine’ instead; this is the name the FCC has used in the past, and the socialists are trying to revive today to put a lid on people like…

  • ‘Hyper-Progressive’ California (updated)

    George Rebane The hopeful diagnosis is that we are sinking ever faster into the socio-economic abyss; the more likely one is that we have arrived.  California’s budget crisis and its genesis should be well-known to RR readers, but the idiocy in the attempt to solve it in Sacramento is new.  The solution to our looming…

  • Stimulus Follies – 16feb2009

    George Rebane The Recovery and Reinvestment Act of 2009 aka the $787B stimulus package will reverberate through our wallets for a very long time to come.  In discussing its impact on the country and our lives, I will refer to it simply as SP787 to distinguish it from TARP and the various SPxxx monstrosities that…

  • An Honest Money Proposal (updated 17jun09)

    George Rebane A trillion here, a trillion there – to an innumerate citizenry all these zeros mean nothing.  They are told that it is all needed for an economic ‘stimulus’ whose workings no one knows or will attempt to explain.  The only thing you need to know about the stimulus is that it is “necessary”,…

  • Current Events in Real Estate Markets

    [This piece was submitted by John ‘Red’ Burke, branch manager of the Grass Valley office of First Priority Financial – formerly Burke Home Loans.  John is a long time real estate finance professional who follows closely what is happening in this keystone sector of the national economy.  I have included a figure showing the magnitude…

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