Monthly Archives: April 2008

Sustained Economic Growth will Return–it will just Take Time–Letter to NY Times

  Your article in the April 30 NY Times makes a tempered assessment of the economy after the second quarter of mild projected annual growth.  Driven by inventory buildup, and exports (augmented by a weak dollar) the economy does not merit the technical definition … Continue reading

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President Bush Provides No Short Term Relief at the Gas Pump–Letter to LA Times

  Your article mentions that President Bush blamed Congress for high pump prices in part because of its refusal to allow new domestic drilling in Alaska.  This allegation makes no sense whatsoever. Pumping more oil will not relieve this nation’s dependence on oil, or … Continue reading

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Let’s Provide Some Relief at the Gas Pump this Summer–Letter to NY Times

  Senators Clinton and McCain both know that temporary relief at the pump would make the current situation more bearable for average and low income Americans to survive in the present harsh world of high gasoline prices.  Senator Obama thinks … Continue reading

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Las Vegas Housing Market Seems to be in Recovery-Letter to New York Times

  While the overall national picture for new home inventory and sales may be bleak as reported in your article in today’s New York Times, here in Las Vegas which was one of the hardest hit areas, there are definite signs that a … Continue reading

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US Criminal Justice System Harshest in World–Letter to NY Times

  Your article indicates that the US has 5% of the world’s population and 25% of the world’s prisoners. You state that while at one time the United States was a model nation that other countries came here to study for … Continue reading

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It’s Not All Doom and Gloom in the Housing Market–Letter to LA Times

  Thanks for your article in today’s LA Times.  I appreciate the well balanced report on the Southern California housing market.  All is not doom and gloom, although it may seem that way at times. Returning prices to 2004 levels is … Continue reading

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GE Needs to Straighten Up its Forecasting Game–Letter to NY Times

  One can argue that Friday’s stock market shock and GE’s significant stock price fall were as much the result of GE’s recent assurances that its earnings projections for the quarter were " in the bag", as the fact that its earnings actually fell in … Continue reading

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