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Geographically, the disastrous housing bubble of the 2000s was heavily driven by the centrifugal force of rising home prices in California's coastal cities flinging people out into inland California, Nevada, and Arizona, where (along with Florida) the vast majority of defaulted dollars were lost before the onset of the recession, in which mortgage defaults were the first domino to topple.
From the L.A. Times today:
Most of the Orwellian theorizing we've heard over the last week about the power of the Big Data companies misses the point that they can surreptitiously exert modest degrees of influence in all sorts of nearly subliminal ways.
For a number of years, I've been pointing out the unaccountable power of Google's search engine employees to marginally screw over individuals they don't like. One of the weirder examples is Google's intermittent but long-running petty campaign against the high-brow blogger Dennis Mangan.
If you go to Bing and type in "Dennis Mangan," the first his is his blog,Mangan's.
Michelle Malkin's column today contains a reference to "SchMcGRubio and Company."
H/T One Old Vet
It really is not possible or necessary to improve on Mickey Kaus’s comments on the Amnesty situation:
…the Republican consultants–e.g. Gillespie, Rove–who helped Mitt Romney lose the 2012 election have taken their own failure as an excuse to push what they’ve wanted all along–a business-pleasing immigration policy guaranteeing a supply of inexpensive labor from abroad and a stream of campaign donations to pay Republican consultants…
FOX News has for all intents and purposes switched sides,
This is from Sen. Tim Kaine's Twitter feed:
About to deliver remarks in Spanish on the Senate floor to call for passage of commonsense immigration reform. Watch live on CSPAN 2.
The Senate has passed cloture, so they're still debating immigration:
RT @carrienbcnews: Vote on the Motion to Proceed passes: 82-15. #immigration
H/T One Old Vet
Our Talk Radio Correspondent has just supplied-
Fourth Zuckerberg Ad - heard for the first time on the Rush Limbaugh Show, June 11, 2013
[Wind noise]
[Man’s Voice] There’s nothing wrong with your radio. This is the sound of borders, left unsecured. Of laws, left unenforced. It’s the sound of thousands of new border agents not going to work. And of the broken immigration system we have right here and now that’s making it all worse.
[Woman’s Voice with background music] America can’t afford to keep the same, broken immigration system that created this mess. It’s time to support serious, conservative reforms from leaders like Marco Rubio and Paul Ryan. This is our
[Earlier: Nice Guys Get Illegal Immigrants, September 4, 2001]
By FRANK BRUNI
...
A vexing problem with mainstream media is their lack of interest in the connection between excessive immigration and poverty. Apparently they never heard of supply and demand, even though the captains of industry know the principle very well. (Hint, an oversupply of workers leads to lower wages and big business profits.)
Dr. Norm Matloff writes to his email list:
Barron's kindly ran my op-ed over the weekend. I wasn't going to mention it here, as it makes arguments that I've made repeatedly in this e-newsletter. However, a number of people have asked to see it, as Barron's does not display the full text online.
Thus I have posted the full text here: Where Are the "Best and Brightest?", June 8, 2013
Marco Rubio: "But I thought only our people spoke Spanish!"
Byron York seems to have emerged as Marco Rubio’s nemesis. First he points out that the Gang bill embodies no powerful Border Commission – so that Rubio’s talk show barrage claiming it did appears to have been just lies.
Now in Marco Rubio: In immigration reform, legalization comes first — ‘It is not conditional’ The Daily Caller June 10, 2013 York reports
In a Spanish-language interview Sunday with the network Univision, Sen. Marco Rubio,
To Fryer, the language of economics, a field proud of its coldblooded rationalism, is ideally suited for otherwise volatile conversations.
H/T One Old Vet
Our Talk Radio Correspondent weighed in yesterday:
Friday, Laura Ingraham...said that she had heard the Zuckerberg immigration ads with Ryan and Rubio on "talk radio". She said that she didn't think they were running on her show and added: “I certainly hope they aren't”. She said she didn't want to make money that way. She said that immigration is by far the most important issue and that she is devoting more than 50% of her time to it. [In contrast, the Zuckerberg ads run at least twice an hour on the Limbaugh show, and I haven't heard him mention immigration since his return from vacation on Wednesday.]
(My emphasis.)
Laura Ingraham – who has clearly emerged as the most important patriotic talk show host this Amnesty cycle - has raised the financial importance of the Zuckerberg Ad campaign before: Laura Ingraham: Zuckerberg Ad Revenue Silencing "Conservative" Talk Show Hosts. And I noted that Limbaugh
Citizens of the Netherlands has been polled about how much they love their Muslim diversity and how much better the country is after being culturally enriched by immigration.
There’s nothing like a strong vote against asylum fraud to brighten one’s day. The sensible Swiss have said they have had enough of foreigners plopping themselves down in Switzerland and demanding the full trough of the nation’s generous asylum benefits. The national referendum passed with 79 percent of voters approving more restrictive asylum provisions.
The Swiss sign below says “Now is enough! Stop mass immigration.”
 |
| This photo taken Saturday June 1, 2013, in Fresno, Calif. shows farmworker Cristina Melendez posing with her seven children and one grandchild. A Mexico native who came to the U.S. at age 13, Melendez and the children have for years struggled with poverty in the San Joaquin Valley, one of the richest agricultural regions in the world. Photo: Gosia Wozniacka |
California Central Valley metropolises like Fresno and Modesto have some of the lowest, most Third World standards of living in America. From the San Francisco Chronicle:
In nation's breadbasket, Latinos stuck in poverty
By GOSIA WOZNIACKA, Associated Press
.
