March 6, 2009

Dr. Norm Matloff: Contact CNBC!

Dr. Norm Matloff writes

I strongly encourage you to contact CNBC regarding the terribly one-sided show they ran today, on which I just sent out a posting to my e-newsletter.[Below]  You can e-mail them at powerlunch@cnbc.com

Dr. Norm Matloff: Business Channel Doesn't Understand The Concept Of Price

Dr. Norm Matloff writes:

A reader brought to my attention today's panel discussion on the Power Lunch program on CNBC, viewable here.

The discussion concerned Sen. Grassley's request to Microsoft that the firm give American workers retention priority over H-1Bs in layoff decisions, as well as the recent enactment of the Grassley/Sanders restrictions on hiring of H-1Bs by TARP recipients.

The MSM Start Catching On

One of the frustrating things about the Mortgage Meltdown is how little basic factual information, such as where it actually happened, has been conveyed to the public. That embargo is finally starting to break down.

Brad Heath reports in USToday in "Most Foreclosures Pack into a Few Counties:"

Foreclosure Rates In Exurbs Vs. Cities

By the way, one thing that should be borne in mind in thinking about the high foreclosure rates in new exurbs compared to in old cities is that part of this is an inevitable function of the newness of an exurb. Compare a brand new development in an exurb 80 miles outside of San Francisco that opened up in 2005 to Russian Hill in San Francisco.

National Data | February Jobs: Bush-era Displacement Still Not Reversed

The weakness in U.S. labor markets has gathered extraordinary momentum, wiping away millions of jobs over the past four months alone, the Labor Department reported Friday. (Read the full BLS report: PDF) The survey of U.S. business payrolls found a job loss of 651,000 j in February, the fourth month in a row where job losses were near or above 600,000. Unemployment rose to 8.1%, up from 7.6% in January and from what now seems an unattainably low 4.8% in February of 2008.

US Census Notes And Promotes The Hispanicization Of America

Mexicanization continues apace, as shown by numbers from the Census.

Roughly one-fourth of the nation's kindergartners are Hispanic, evidence of an accelerating trend that now will see minority children become the majority by 2023.

Census data released Thursday also showed that Hispanics make up about one-fifth of all K-12 students. Hispanics' growth and changes in the youth population are certain to influence political debate, from jobs and immigration to the No Child Left Behind education, for years.

Auster vs Brimelow on "Racialism" vs.Racism

Larry Auster in his always-interesting View From The Right blog notes my CPAC video interview with The Daily Beast's Max Blumenthal and comments: