June 25, 2013

‘Recovery’ Update, Housing Division

Filed under: Economy,Taxes & Government — Tom @ 1:25 pm

The Census Bureau reported today that fewer new homes were sold in the U.S. in May than were sold in April. Despite this fact, as seen below, the seasonally adjusted annual rate of new home sales went up by 2 percent:

NewHomeSalesChart2007toMay2013

The seasonally adjusted annual rate artificially increased primarily because of just one of the five years used in the seasonal calculations. In May 2010, new home sales took a dive because of the expiration of new homebuyer tax breaks. That makes the May 2013 drop look not so bad.

Therefore, May 2013 was “better” in seasonal context than April 2013. This is one more example demonstrating why relying solely on seasonally adjusted data is dangerous.

May’s 45,000 new homes sold is lower than every year since the bureau began keeping such records in 1963 except the four seen above, 1982 and 1980 (during that era’s recessions, with a 25 percent smaller population), and 1970, 1969, and 1968 (when the country’s population was one-third lower than it is today).

This housing “recovery” is tepid at best. The current new-home market is better than it has been in any of the past five years, but worse than every year on record preceding it, with only 1982 being a borderline call.

This news won’t be presented that way in the press.

Free at Last, Free at Last …

Filed under: Taxes & Government — Tom @ 12:45 pm

thank God Almighty …:

the (Supreme) court ended a requirement that some or all areas in 15 states get advance approval from the Justice Department or a panel of federal judges for all changes to voting laws, procedures and even polling place locations.

free at last.

Dissenting Justice Ruth Bader Ginsburg, a statist through and through who has a “Roach Motel” view of the relationship between the states and the federal government (once a state comes under the federal government’s power in any way, it can never get out), claimed that “the scourge of discrimination was not yet extir­pated.” It never will be totally extirpated — anywhere — which means there are no conditions under which Ginsburg would be willing to let go.

Either all 50 states have to be under the same federal micromanagement the 15 states have seen, or none of them should be.

The court’s majority went with “none.” It’s the right call. Now every state is on an equal footing.

If Congress is concerned about discrimination (including reverse discrimination), it can pass laws which apply to all 50 states.

Rob Portman Wants to Hear From Me

Filed under: Immigration,Taxes & Government — Tom @ 11:18 am

Consider this my response.

Ohio Senator Rob Portman wants to know which issues concern me most. Here are his selections:

PortmanEmail062513.png

Hmmm … anyone notice that some really, really big things are missing????

How about …

IMMIGRATION?

(Portman did vote against cloture on immigration yesterday. Ohio’s other Senator, Sherrod Brown, did not vote.)

How about …

PROTECTING MARRIAGE?

(Oh, he just changed his mind on that, and doesn’t care what we think, even though Ohioans who voted for him in 2010 did so in part because of his support for traditional marriage.)

How about …

GOVERNMENT CORRUPTION, SCANDALS, or INTRUSIVE SURVEILLANCE?

What I think is that Rob Portman doesn’t care what “Ohio voters” think. Note that I said “Ohio voters,” which is most assuredly not the same group as “Rob’s constituents.”

We’re Number 1 … 98

Filed under: General — Tom @ 10:48 am

After a couple of previous near-misses, BizzyBlog has finally appeared on Doug Ross’s list of top conservative sites (based on traffic as measured at Alexa.com) at spot number 198.

It’s also cool to note that two locales where my work appears are in the top 20: NewsBusters (#14) and PJMedia.com (#18).

Two other sites where my work appears or has appeared aren’t on the list and should be: Watchdog.org (which would have come in at #91) and FrontPageMag.com (which would have been #29).

(If there are any more sites which belong on the list and aren’t, that would knock BizzyBlog out of the top 200. So I don’t want to hear about ‘em. :–>)

Intense thanks to all readers, friend and foe alike, for making BizzyBlog’s Top 200 appearance possible — and to Doug for the mostly thankless task of compiling the list.

One-Stop Primer For Why Mass Illegal Immigrant Amnesty Is a Disaster

Filed under: Immigration,Taxes & Government — Tom @ 10:18 am

Michelle Malkin: “Mass illegal alien amnesty violates our founding principles”

Yes it does.

Malkin has the best and most comprehensive compilation of arguments I’ve seen; her best tie straight back to the Constitution.

Read the whole thing. Memorize it if you can.

NewsBusted (062513)

Filed under: NewsBusted — Tom @ 9:37 am

Here we go:

TOPICS:
– Obama Speech in Berlin
– Chris Matthews
– Marco Rubio
– Illegal Immigrants
– Bush More Popular then Obama
– Al Gore
– Keystone Pipeline
– Miami Heat
– Kim Kardashian and Kanye West

Best Lines:

  • “A new poll shows that George W. Bush is now more popular than President Obama. The poll was conducted by the NSA based on phone conversations of people who didn’t know they were being monitored.”
  • “Al Gore called the Keystone Pipeline an atrocity — which means Gore is just angry he couldn’t find a way to make a profit off it.” (Background: “Al Gore sells Current TV to Al-Jazeera, nets reported $100 million.” Al Jazeera is an Arab oil money-supported propaganda network pretending to be a legitimate news organization.)

Tuesday Off-Topic (Moderated) Open Thread (062513)

Filed under: Lucid Links — Tom @ 6:05 am

Rules are here. Possible comment fodder may follow later. Other topics are also fair game.

Positivity: Boston Marathon winner returns his medal to city

Filed under: Positivity — Tom @ 6:00 am

From Boston (HT Daryn Kagan):

The champion of the men’s 2013 Boston Marathon returned his winner’s medal to Mayor Thomas Menino on Sunday to honor the city and those killed and injured in the bombings near the finish line of one of the world’s top running events.

“Sport holds the power to unify and connect people all over the world,” Lelisa Desisa of Ethiopia told the crowd through a translator. “Sport should never be used as a battleground.” …

Go here for the rest of the story.