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Potholes take center stage


Can you count the number of potholes you hit or narrowly avoid every day?  Do they make your blood boil, teeth clench and trigger a choice euphemism or two during your commute?   Unless the Highway Trust Fund (HTF) receives a $302 billion injection of funds this year, it could get a lot worse. read more…

A shift in leadership


Throw out the new, embrace the old, not something you see often on Wall Street. But as technology stocks and other high flyers continue to get trounced, utilities and other oldies but goodies are doing quite well. read more…

Inequality in the housing market



“You, you said that they — What’d you say just a minute ago? They had to wait and save their money before they even thought of a decent home. Wait? Wait for what?! Until their children grow up and leave them? Until they’re so old and broken-down that — You know how long it takes a workin’ man to save five thousand dollars? Just remember this, Mr. Potter, that this rabble you’re talking about, they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath?”

George Bailey, “It’s a Wonderful Life”


The most expensive home ever sold in America occurred over the weekend in “The Hamptons,” Long Island’s playground for the one percent. Just a week before that a Greenwich, CT estate sold for $120 million. At the same time, the percentage of America’s first-time home buyers is at its lowest level since 2008. What does that say about homeownership in the United States? read more…

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A Stop and Start Economy

Recently, worries have surfaced over the sustainability of economic growth in this country. Over the last several months the data has been pretty good. Now the numbers indicate the economy is faltering—again.

Which way the economy?

read more…

Spain Rains on U.S. Parade

 The release of the Federal Reserve’s FOMC meeting notes on Tuesday was responsible for the initial sell-off in the markets this week. Then a Spanish bond auction on Wednesday was received poorly by bond investors. That spooked the U.S. stock market for a second day in a row. Things have snowballed from there. read more…

Retailers Easter basket is full

“… He’s got jellybeans for Tommy,
        Colored eggs for sister Sue,
There’s an orchid for your Mommy And an Easter bonnet, too.”

Peter Cottontail – by Steve Nelson & Jack Rollins


This year’s early spring could mean a little extra cash in retailer’s Easter baskets. Despite gasoline prices approaching $4.00/gallon, consumers are shopping for everything from hams to hydrangeas. read more…

Hire A Vet

Over 2.2 million of our men and women have served in Afghanistan and Iraq. Today 7.6% of them are looking for jobs. Hiring them should be a no-brainer for this country’s employers. read more…

Markets Mark Time

Questions concerning China and its economic future kept the market’s exuberance in check this week. Given that China is key to most global growth forecasts, any hint of a slowing of the Chinese economic engine is taken seriously.  This week we received a bit of bad news. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More



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