Posted by Leonard Steinberg on May 9th, 2014 The New York Times has an opinion editorial by Peter Dreier about the housing recovery. While housing has recovered extremely well in large Urban centers and some other parts, reports about rising home prices suggest that the tens of millions of people whose homes lost value just have… [Read More]
GLOBAL WEALTH REACHES ALL TIME HIGH
Posted by Leonard Steinberg on October 8th, 2013 In the on-going debate about the depth of buyers for the $ 22billion worth of inventory coming to the New York residential real estate market, I thought it wise to evaluate wealth in general…..and luckily a Credit Suisse Report on the subject hit my desk this morning…. [Read More]
SOME THOUGHTS ON OBAMA'S NEW MORTGAGE PLAN
Posted on August 9th, 2013 Obama is finally addressing the need to reform the mortgage world, a lead cause of our current financial woes. In my opinion there should be a mortgage lending requirement that all borrowers must have full health insurance to protect the mortgage lender. Being lent money is not a right, it’s… [Read More]
STATE OF THE UNION: RENEWABLE ENERGY IS CHEAPER IN AUSTRALIA!
Posted by Leonard Steinberg on February 10th, 2013 In the wake of soaring temperatures that made it impossible for some residents in the Australian outback to pump gas, really good news is coming to the energy market….just in time for Obama’s State of the Union Address possibly where the likelihood of green energy talk is almost… [Read More]
REAL WORLD vs. GOVERNMENT NEGOTIATING
Posted by Leonard Steinberg on December 4th, 2012 As the Democrats and Republicans ‘negotiate’ a deal to avert the FISCAL CLIFF, we are again reminded at how very different elected government officials are to the real world. They have the luxury of time I guess? The world around them can crumble, jobs can be lost,… [Read More]
OBAMANOMICS + BOEHNOMICS: ECONOMIC DISCRIMINATION
Posted on November 10th, 2012 by Leonard Steinberg In all the discussions about THE FISCAL CLIFF both parties are revealing to the world just how incompetent (and corrupt?)they really are when it comes to identifying what ‘rich’ is. Both are behaving in a discriminatory fashion that is pretty astounding. I know I keep repeating myself… [Read More]
THE 3rd SUPER-STORM: "SANDY", "ATHENA"……."THE FISCAL CLIFF"?
Posted by Leonard Steinberg on November 7th, 2012 As the second super-storm “Athena”, a strong nor’easter, approaches our shores with the expectation of super-strong winds, rain, snow and storm surges, we have to look towards a potentially bigger storm…..THE FISCAL CLIFF. Unlike nature, this is a $ 7 trillion storm we can actually be prepared… [Read More]
STRONG GROWTH IN NEW HOUSEHOLD FORMATION: IS THIS A GOOD INDICATOR FOR THE NEXT 4 YEARS?
Posted by Leonard Steinberg on November 7th, 2012 New American households are being set up at the fastest rate in more than six years: is this an indication that recession anxiety, which prompted adult children to move in with their parents and single people to postpone marriage, is starting to ease? Is this an indicator… [Read More]
AT LAST A SUPER-PAC TO PROMOTE CENTRIST VIEWS: INDEPENDENCE USA PAC.
Posted by Leonard Steinberg on October 20th, 2012 “You cannot balance the budget without raising revenue and cutting expenses. There is no reputable economist that remotely thinks you could do this without doing those two things — one of which is anathema to the Republicans, and one of which is anathema to the Democrats.” No,… [Read More]
MORE OR LESS REGULATION? WHAT ABOUT SMART REGULATION?
Posted by Leonard Steinberg on October 8th, 2012 Both presidential candidates are arguing over regulation: Romney says we have too much and Obama says we don’t have enough. What about SMART regulation: efficient regulation that actually works? David Rubenstein, the co-founder of The Carlyle Group and the ‘king’ of private equity, made the point the… [Read More]