George Soros has made billions – yes Billions- of charitable donations over the years, and he has most recently given over $100 million to Human Rights Watch (HRW) in an effort to encourage its autonomous status. His wealth comes mostly from his work as a co-founder of the Quantum [Hedge] Fund through the 1980s, but […]
Census Information on Baltimore and Maryland Suggest Mosaic, Not Melting Pot
This past spring most Americans took a few moments to complete and return their census forms. The exercise, mandated by the Constitution to ensure proportional representation in the House of Representatives (and the Electoral College), takes place every ten years and has been a part of the socio-political landscape since 1790. Nevertheless, the last three […]
Spike Lee Follows Up With “If God Is Willing And Da Creek Don’t Rise”
We finish this week’s focus on the five-year anniversary of Hurricane Katrina with much help from Spike Lee’s documentary “If God Is Willing And Da Creek Don’t Rise,” which recently showed on HBO and is periodically being repeated. The followup finds many of the same people who told of their immediate post-Katrina experiences so see […]
Housing post-Katrina: What FEMA Can’t Do, Brad Pitt and Friends Can
The hurricane was tracked for a week before it made landfall in western Mississippi. We knew it was coming and had ample time to move people out, to board up homes, to store up supplies… Instead, the planning from the federal administration was desultory, and many within New Orleans admitted that they thought they could […]
The Flooding of New Orleans – Five Years On
The print, broadcast, and online media have all weighed in on the five-year anniversary of Hurricane Katrina and the resultant flooding of over 80% of the city of New Orleans. Most of the reports we have been reading and watching want to tell a story of recovery, and there are many cases of success to […]
#MovieReview: Revisiting Spike Lee’s Documentary “When The Levees Broke”
Five years ago this week, Hurricane Katrina slammed into Louisiana, Mississippi, and Alabama. Despite the fact that the worst of the storm was east of New Orleans (by about 100 miles), the largest city in the region received the worst damage when the inadequate levee walls were undermined by the storm surge the day after […]
Housing Market Continues The Good, The Bad, The Ugly
The shocking number of foreclosed houses in July, over 90,000, has sent shockwaves through the economy – especially the Stock Market, as the Dow Jones Average has been near or below 10,000 the last few days (having reached highs just over 14000 a week ago). Investors worry about perceptions of future growth. The surprise of […]
The Debate About Interest Rates And Opportunities For Growth
Economists are not known as a gregarious bunch (save Paul Krugman, perhaps). So it might not be much of a surprise to learn that the reports (eight per year) from the Federal Reserve are known as “The Beige Book(s).” The report takes on information from the twelve district Reserve Banks concerning the previous few months […]