Category Archives: Social Mood Swings

As the economic party ends and the hangover begins, people are changing their spending and living habits. Generations are moving in together. A granite-countered McMansion is out of style…so is that new fancy car. As a society, we are getting our priorities back in line. At the same time, we are realizing that, while drunk on home equity, we got taken advantage of. Ponzi-schemers and corrupt politicians took our money. The time has come to demand it back.

Mall Vacancies Highest in 11 Years

Online retail sales keep climbing, big box retailers keep wondering what to do with all their space, and small stores struggle to survive at all. Continue reading

Posted in Commercial Real Estate, Fresh Perspectives, Social Mood Swings | Tagged Consumer Spending, Shopping Malls, Vacancy Rates | Leave a comment

The Middle Class Death Spiral

An economic system based upon debt and Federal Reserve generated inflation benefits these chosen few, while destroying the middle class of America. We’ve chosen this path and are destined to experience the same fate as Spain, the Dutch, and Britain. Continue reading

Posted in Fresh Perspectives, Home Economics, Social Mood Swings | Tagged Inflation, middle-class, Unemployment | Leave a comment

Banksters Should Be Held Accountable

The banksters taking over our country enjoy extraordinarily nice lives of caviar and cigarettes. They’re insatiable greed is only surpassed by their lack of accountability. In last weeks post on shadow inventory, I came across a February story on how bankers let each other squat. It really made me angry: Continue reading

Posted in Banking and Finance, Foreclosures and Short Sales, Fresh Perspectives, Social Mood Swings | Tagged Bailouts, Banksters, Bonuses, Predatory Lending, Shadow Inventory | Leave a comment

Could Falling Home Values Spark a Taxpayer Rebellion?

How long will property owners keep swallowing significantly higher property taxes even as the value of their real estate continues declining? It’s an open question. I suspect the answer won’t be known until some invisible breaking point is reached, and voters simply rebel against higher taxes while their own net worth and incomes stagnate. Continue reading

Posted in Home Economics, Social Mood Swings | Tagged Home Prices, property taxes | 1 Comment

Elizabeth Warren: The Assault on Middle Class Families

“The middle class has been under assault now, really, for a generation.” Continue reading

Posted in Fresh Perspectives, Social Mood Swings | Tagged Class Warfare, lehman brothers, middle-class, Unions | Leave a comment