Haven’t I been saying this? The housing crunch is most severe in some of the most hotly contested political battleground states, a trend that could spell trouble for Republicans next year. Six of the 10 states with the highest foreclosure rates in the country last month are considered by leaders Read more…
The Foreign Policy blog has some interesting details about rich people losing their homes: A good example of this is the greater Washington, D.C., area. One might think that subprime loans would be most popular in poorer areas of the District. And they’d be right. According to a study by Read more…
Another month. More lousy housing numbers: A total of 223,538 foreclosure filings were reported in September, up from 112,210 in the same month a year ago, according to Irvine-based RealtyTrac Inc. The number of filings in September was down 8 percent from August’s 243,947, the firm said. Sounds like it Read more…
Last night, I was really struck by Mike Huckabee’s language on economics. Let’s go to the transcript for a moment: Mr. Huckabee: The real fact is, unions are going to take a more prominent role in the future for one simple reason: A lot of American workers are finding that Read more…
If the test of a debate is memorable lines or gaffes, then Mitt Romney’s line about lawyers was a big problem. Marc Ambinder has the exact quote: "We’re going to let the lawyers sort out what he needed to do and didn’t need to do." Dave Freddoso at NRO doesn’t Read more…
They start with Fred Thompson. Thompson: No reason to believe in a recession. He rattles off the numbers. He cuts to long-term spending, which is right up his ally. They follow up and ask about the polling and the angst. They switch to Romney and ask about foreclosure. 1/100-some. Romney Read more…
I spent Friday morning at the Americans for Prosperity Conference, Defending the American Dream. (blog here) I was struck by several things about it. First, there were a lot of people. 1,600, and they said that they turned away more people. A lot of these are Republican activists. Some of Read more…
The whole framing of this is interesting. Rudy is speaking in the middle of a nasty fight with Mitt Romney over their economic records. Rudy starts by saying that he is a supply-sider and that he had made supply-side policies work That’s his theme of 23 tax cuts. He also Read more…
From WESH Orlando: Flagler County is the fastest-growing county in the United States. One of every five homes in Flagler County is for sale. Celebration is feeling the same pain because 50 percent of the homes there are for sale. Moss Park, east of Orlando International, where nearly 9 percent Read more…
Now there are plenty of interesting things to say about the economics of the UAW strike. But let’s talk politics. What are the Dem candidates going to do? Does John Edwards run to join the picket lines? Does Hillary Clinton, confident in her primary victory, stay lukewarm? Or, sensing that Read more…