2011 Hennepin County Property Taxes Every time I think I’m a Democrat, they do something stupid. Every time I think I’m a Republican, they do something greedy. –Jay Leno What do you call proposing to steeply raise property taxes against a backdrop of weak home prices and an economy just emerging, maybe, from recession? How...Read More
The Fed, Commodity Prices & Economic Recovery Twelve hundred miles (give or take) from Wall Street, me thinks that a not-so virtuous cycle has emerged regarding the government’s various and sundry efforts to nurse the economy back to health. The dynamic goes something like this: Step 1: the Federal Reserve and Treasury essentially borrow and/or...Read More