We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
A central bank which aims to improve on the “performance” of the macro-economy is the enemy of the free market. In order to manipulate and target economic outcomes like GDP, jobs, housing starts, consumer spending and capital investment, an activist central bank must perforce destroy the financial markets which are at the heart of capitalism.
And “destroy” is not too strong a term because at the end of the day there are only two options. On the one hand, the monetary politburo in the Eccles Building can set the price of money, debt, the treasury yield curve and the host of financial assets which are valued with reference to them. In the alternative, they are the spontaneous result of “price discovery” in which millions of traders, investors and speculators find market clearing prices for financial assets and instruments–even ones that are not pleasing to PhD economists promising unicorns and unwavering prosperity.
Cities no one wants to live in. They kind of have it wrong about Livonia, MI. I live near there. It was a township incorporated as a city, so it's 36 square miles. It was a white-collar lower- and middle class neighborhood that was about 98% white and right on the border of Detroit.
What has happened is that it is "built out". There literally is no land on which to build new homes. There are only, I think, three real apartment complexes. The MI property tax laws [Prop A and the Headly Amendment] make it financially a bad idea for older people to "downsize" their homes.
Thus, even though it is a pleasant place to live, it is incredibly difficult for younger people, especially married couples with kids, to find a place there to live. It has declined in population from 100,000+ to around 98,000 mostly through attrition, not through people [families] moving out. It's very odd though.
The article blames the failure to legislate immigration reform as the problem. The problem is those whomost advocate "immigration reform" mean amnesty and not securing the borders or removing the illegals that are here. I don't trust our congress or president(s) to do what would be right for Americans. For some reason they want to do right by the illegals and screw over Americans.
The right thing to do is to make it a felony to be in the U.S. illegally. To come out and state a policiy that anyone here ilegally can NEVER become a citizen,can never be given amnesty and can only be deported once in custody. Punish anyone hiring, renting to, aiding in anyway anyone here illegally. Correct the laws so that ICE can and MUST deport anyone here illegally within 24 hours, no exceptions, no judges, no lawyers, no residence in this country ever. Place a moratorium on legalimmigration until all illegals can be found and deported. Once all the illegals are deported place a national referendum on the ballot asking allAmericans if we even want/need legal immigration. As the third largest population country it would make more sense for immigrants to go to less populated countries. THAT would be true immigration reform.