davidfcooper: (headshot 01/18/07)


Whattheysavedbookcover

What happens when a New York Jewish pack-rat daughter inherits her New York Jewish pack-rat father's belongings? She embarks on a Jewish genealogical search for her and her dad's long lost relatives. Nancy K. Miller's What They Saved: Pieces of a Jewish Past, published today by University of Nebraska Press, is the story of that search, a story that focuses more on the process of the search than on its results. In my New York Journal of Books review I quote Ms. Miller, “Every new piece of information keeps me on the road to the ever-expanding possibility of the quest, a quest that in the end will still yield only partial knowledge—and will never give me, return to me, those past lives.” Ms. Miller, a retired CUNY Graduate Center English and Comparative Literature professor, is an appealing prose stylist, but because of its focus on the genalogical search process this book will mostly appeal to genealogy buffs in general and Jewish genealogy buffs in particular.

For more info: David Cooper

This article first appeared on the late Examiner.com

davidfcooper: (Default)

The error about the purpose of the Constitution explains the curiously two-faced nature of far-right "constitutionalism." On the one hand, they insist that they love the Constitution more than life itself; on the other, they keep trying to sneak amendments into it to strip Congress of power over the budget or allow state legislatures to repeal federal laws. The Constitution they claim to revere actually looks a lot like the Articles of Confederation.
The current war on federal power, like the other attacks on its power throughout history, is really motivated by an entirely realistic fear that those idiots, the people, will enact progressive legislation. Only by importing prohibitions on Congress into the Constitution can that terrible outcome be prevented. 
But the more tightly we bind Congress with imaginary chains, the less we, the people, can create a "respectable nation."

 

davidfcooper: (Default)


via theatlantic.com


Why does this chart matter? Because it makes clear, in that wonderful "worth 1,000 words" way, two realities that are fundamental to sane discussion of public finance, but that most of the public doesn't realize and that the Republican leadership is actively working to obscure. They are:

- The very large, but temporary and self-limiting, expenditures for TARP and other measures proposed by both the Bush and Obama administrations to avoid a second Great Depression, plus Obama stimulus spending. And;

- The very large, but permanent and worsening, budgetary impact of the "Bush tax cuts" -- which when first proposed back in the pre-9/11 era, were supposed to end in 2010 and were in response to what back then seemed to be the "problem" of a burgeoning surplus in federal accounts! Since "extending" those cuts just sounds like business as usual, I think it is hard for most people to envision the profound and growing effect they have. The chart above helps toward that end -- and doesn't even go into how heavily those cuts are skewed to the "haves" of society. Last year Austan Goolsbee had a marvelous chart of his own on that point.


And as a bonus half-point, the chart clarifies that budget problems would be on the path to self-correction, if the Bush cuts had lapsed as originally planned.



davidfcooper: (Default)

Yahoo Finance: Which Cities Face Biggest Housing Risks?

The second column should decline after 2014 when health insurance reform kicks in.

The third column combines those on fixed incomes (pensions/other retirement income and unemployment insurance payments) with those with no income.

The fourth column, "Housing-Stress Indicator," combines the other three.

To be sure, a high level of income can make crossing the 30% threshold of housing costs-to-income less risky for a borrower. New York, for example, is in the top 10 for the housing-stress indicator among the 49 most populous cities, but the percentage of people without health insurance and unemployment are both below the national averages in the region. The New York area has one of the highest median incomes in the nation, allowing residents to apportion more to housing while maintaining wiggle room to deal with other expenses.

Below is a chart of the 49 most populous U.S. metro areas with their stress readings and components, sorted by the cities with the highest housing-stress indicator to the least.

 

Metro Area Spending >30% of Income on Housing Without Health Insurance Population Not Working Housing-Stress Indicator
United States, average 37.5% 15.1% 33.1% 85.7
Miami-Fort Lauderdale-Pompano Beach, FL 57.7% 25.6% 33.3% 116.6
Riverside-San Bernardino-Ontario, CA 54.3% 20.5% 39.5% 114.3
Los Angeles-Long Beach-Santa Ana, CA 54.3% 21.5% 33.5% 109.3
San Diego-Carlsbad-San Marcos, CA 53.9% 17.0% 36.4% 107.3
Las Vegas-Paradise, NV 49.6% 22.3% 32.2% 104.1
Orlando-Kissimmee, FL 47.6% 21.2% 32.6% 101.4
Tampa-St. Petersburg-Clearwater, FL 46.6% 18.5% 34.4% 99.5
Sacramento–Arden-Arcade–Roseville, CA 48.4% 12.6% 35.4% 96.4
San Jose-Sunnyvale-Santa Clara, CA 50.5% 12.3% 31.6% 94.4
New York-Northern New Jersey-Long Island, NY-NJ-PA 48.8% 12.9% 32.2% 93.9
Phoenix-Mesa-Scottsdale, AZ 41.3% 17.9% 33.5% 92.7
San Francisco-Oakland-Fremont, CA 50.2% 11.9% 30.6% 92.7
Detroit-Warren-Livonia, MI 39.0% 12.9% 39.1% 91
New Orleans-Metairie-Kenner, LA 38.0% 18.8% 33.7% 90.5
Jacksonville, FL 40.0% 16.8% 33.3% 90.1
Chicago-Naperville-Joliet, IL-IN-WI 42.9% 14.4% 31.9% 89.2
Virginia Beach-Norfolk-Newport News, VA-NC 42.1% 11.7% 34.6% 88.4
Atlanta-Sandy Springs-Marietta, GA 36.5% 19.2% 32.4% 88.1
Houston-Sugar Land-Baytown, TX 32.2% 24.6% 31.1% 87.9
Memphis, TN-MS-AR 35.9% 16.3% 35.4% 87.6
Portland-Vancouver-Beaverton, OR-WA 40.9% 14.8% 31.3% 87
Dallas-Fort Worth-Arlington, TX 32.0% 24.0% 29.6% 85.6
Seattle-Tacoma-Bellevue, WA 43.0% 12.1% 29.9% 85
San Antonio, TX 30.1% 20.0% 34.4% 84.5
Providence-New Bedford-Fall River, RI-MA 42.9% 9.0% 29.9% 81.8
Austin-Round Rock, TX 31.6% 20.5% 27.7% 79.8
Cleveland-Elyria-Mentor, OH 35.2% 11.5% 32.7% 79.4
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 37.4% 10.0% 31.7% 79.1
Richmond, VA 34.1% 12.8% 31.5% 78.4
Denver-Aurora-Broomfield, CO 35.0% 15.3% 27.3% 77.6
Birmingham-Hoover, AL 31.0% 12.3% 34.2% 77.5
Charlotte-Gastonia-Concord, NC-SC 31.7% 15.7% 30.1% 77.5
Washington-Arlington-Alexandria, DC-VA-MD-WV 38.3% 11.0% 27.2% 76.5
Baltimore-Towson, MD 36.8% 10.1% 29.4% 76.3
Nashville-Davidson–Murfreesboro–Franklin, TN 32.4% 13.3% 30.5% 76.2
Oklahoma City, OK 26.4% 17.9% 30.6% 74.9
Milwaukee-Waukesha-West Allis, WI 35.3% 9.9% 28.6% 73.8
Columbus, OH 30.6% 12.7% 30.1% 73.4
Boston-Cambridge-Quincy, MA-NH 40.2% 4.7% 27.6% 72.5
Indianapolis-Carmel, IN 28.2% 13.6% 29.9% 71.7
Hartford-West Hartford-East Hartford, CT 35.5% 7.6% 28.4% 71.5
Louisville-Jefferson County, KY-IN 27.5% 12.4% 31.6% 71.5
Cincinnati-Middletown, OH-KY-IN 28.1% 11.8% 30.9% 70.8
St. Louis, MO-IL 29.7% 10.5% 30.4% 70.6
Rochester, NY 29.4% 7.9% 31.9% 69.2
Kansas City, MO-KS 27.6% 13.2% 27.8% 68.6
Minneapolis-St. Paul-Bloomington, MN-WI 34.7% 9.1% 24.7% 68.5
Pittsburgh, PA 28.1% 8.6% 31.0% 67.7
Buffalo-Niagara Falls, NY 27.8% 7.9% 31.2% 66.9

___ 

 

Posted via email from davidfcooper's posterous

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See the map: Shaping of America and also read Florida's Atlantic article on how the financial crash will reshape the country. Woe be those regions shunned by the creative class.
davidfcooper: (Default)
See the map: Shaping of America and also read Florida's Atlantic article on how the financial crash will reshape the country. Woe be those regions shunned by the creative class.

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