Remember when houses were worth more than they are now? Remember when the value of a home would go up almost overnight? You could buy one on Tuesday and sell it for a profit by Friday.
Until the bubble hit. And then it wasn’t such good times; in fact it was bad times. Really bad times.
The housing bubble hit all of us in some way or another. For many of us, our homes are worth less now than they were before; we still haven’t caught up. And the economy? Well, we know how THAT has played out. So, with the the downside of such a bubble being so, well, down, the lessons we learned just a few short years ago should still be fresh. Should still be pertinent, right?
Posted in Economics, Economy, Lobby/PAC, Politics: National, States Behaving Badly
Tagged Abuse of Power, California, Connecticut, Free Market, Housing, Leftist, Massachusetts, New Jersey, New York
Last month I posted about Media Bias as it pertained to the coverage in the Wisconsin Labor dispute between the public sector unions and Governor Walker. In it, I decried that while Gallup DID, in fact, report on their poll that showed strong support for the limitation of State workers. However, Gallup hid that report so deep and under such misguided headlines that it would never be found.
The top 3 most popular choices in dealing with state budgets? Reducing the power and influence of the state worker. Specifically, reducing the ability of the state unions to collectively bargain.
Recent headlines made me stop as I saw yet another case of media bias.
Tonight looks like a good night to update some of the races.
Let’s look at the first group; Retiring Democrats
I have moved the Indiana race to retiring Democrats; Mr. Bayh retired. Not much has changed since last time I posted except that McMahon has slipped and Castle has surged.
Based on this and restarting the count we have the Republicans gaining 4 seats.
Score: Democrats 55 Republicans 45
It is going to be an interesting election cycle culminating with the mid term elections in November. Following up on my new found interest in politics that began with the dual primary race for the 08 Presidential election, I am going to watch these Senate races with interest.
Right now there are 36 seats in play. This includes incumbents and Senators who are retiring.
Posted in Politics: National, Senate
Tagged 2010 Election, Connecticut, Conservative, Delaware, Democrat, Illinoise, Left, Liberal, North Dakota, Republican, Right