mortgage crisis

"Large populations of educated under-employed people are very very dangerous to the social order" while "Jeff Bezos is having a very good crisis" —  Krystal Ball, Saagar Enjeti and Joel Kotkin discuss how screwed people will be, especially young people, when the active coronavirus era ends.by Thomas Neuburger"What will we break if the next thing that breaks is us?" —Yours trulyAs regular readers know, I've been concerned about the "coronavirus endgam

Short answer: absolutely. If you've visited the DWT ActBlue page this year, you've probably noticed that we're still raising money for Bernie-- as well as for a small handful of other non-presidential 2020 candidates. I know a lot of people in Bernie-world. When I talk with them I ask if he's running.

Kamala Harris... Climbing by Nancy OhanianTarini Parti had a cute report at BuzzFeed yesterday: Here’s Trump Allies’ Plan To Meddle In The 2020 Democratic Primary.

Nina Turner, Ro Khanna and Rick Santorum debating Sen. Kamala Harris' potential presidential candidacy by Gaius PubliusMuch is being written these days about newly minted Sen. Kamala Harris, former Attorney General of California and in the eyes of many, one of the more likely candidates for president in 2020, at least so far.

(Source, and a good read on its own)by Gaius Publius "Nothing is sadder than a man who disclaims his power to preserve his reputation."I've been writing a lot lately about outgoing President Barack Obama's legacy, especially on climate issues (example here).

The donkey in the room (illustration by Lalo Alcaraz; source)by Gaius PubliusSam Seder once wisely said that during the Bush era, almost every Democrat and Democratic supporter looked like a solid progressive.

Wealth created by productivity diverged from wage growth in the Carter administration, but separated for good under Reagan and all subsequent presidents. Wages have been essentially flat since 1972.

New England Patriots quarterback Tom Brady says he had nothing to do with having air removed from game balls.
The NFL, following an investigation, says he did. It gave him a four game suspension, which he is appealing. That four game suspension could cost him somewhere between $2 million and $4 million of his $14 million 2015 salary. If he plays well with others, doesn’t get into any more trouble, and injuries and retirement don’t stop his career before he becomes 40 years old in 2017, he will earn $31 million for the 2016 and 2017 seasons.

by Gaius PubliusI can't take credit for this, though I wish I could. David Dayen, who writes at Salon, has been reading Barney Frank's new book Frank and also its reviews. Dayen is one of the most knowledgeable writers on the mortgage and financial crises — both. (Note to readers: It's not a financial crisis if there's no mortgage crisis.