Selling off Assets
Back in 1993, the Antiplanner wrote a report titled Pork Barrel and the Environment warning environmentalists that the federal government could not sustain its current expenditures through 2020. Those who cared about public lands such as national forests and national parks, the Antiplanner advised, should work to fund those land entirely out of user fees, […]
The Antiplanner’s Library: The Economic Crisis
The 2008 financial crisis has proven to be a bonanza for at least one industry: Book publishers have issued dozens of tomes about what went wrong and how to fix it. Lately, the Antiplanner has been reading as many of these as possible. Most of the authors have an axe to grind and many blame […]
Are We at the Bottom Yet?
According to economists at Moody’s, the housing market will bottom out in 2011–which means now may be the time to hunt for cheap homes and be ready to flip them when prices start going up. Unfortunately, the Antiplanner can’t afford the $250 required to listen to Moody’s webconference, so let’s look at some other data […]
Are the Rich the Biggest Defaulters?
Last week, the New York Times published an amazingly shallow article saying the “biggest defaulters on mortgages are the rich.” This contention is supported by a single pair of data: the owners of about 14 percent of homes worth more than $1 million are delinquent on their mortgages, while only “about” 8 to 9 percent […]
