Here are two versions of the need for Japan to sell-off US Treasuries to finance reconstruction. First, from Treasury Secretary, Tim Geithner. WASHINGTON (MarketWatch) — In response to a question, Treasury Secretary Tim Geithner said Tuesday that he does not believe that there is a risk Japan will have to resort to selling some of Read the full article…
I own two houses. One in Illinois and one in Arizona. Both have lower assessments than they had two years ago. The housing values have gone down both places. No surprise. That’s where the similarities end. In Illinois, despite the lower assessed value the tax bill is up 5%. In Arizona, the tax bill is Read the full article…
California is becoming Mexico. The new census data shows Hispanic children under 18 make up a majority of that age group. hispanics grew to 37.6% of the total population in California. Whites are now 40.1%. Those lines will cross in the next two years. For the most part, whites are leaving the state for job Read the full article…