Hangover from the latest Housing Party- The Economy has a Headache

The economy must "work through" the current oversupply of homes in order for the housing market to begin a recovery process. It is my understanding that there are enough empty, unsold new builds on the market that occupancy levels wont return to normal until early 2009. Until then, decreasing home valuations (and tightening of lending standards to certain demographics which rely on home equity for cash) will disallow american consumers to continue using home equity to fund purchases. The American consumer, being a pillar of our economy, now has eroded buying power and is more reluctant to borrow against their home. In regards to stagnant household incomes, I do not think stagflation will help this situation.

When the market does recover, obtaining a home loan, and home ownership will be more difficult for lower income borrowers as retail banks will be reluctant to take on additional mortgages when they are already laden with packaged loans they cannot sell. Solution?

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

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Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

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People who engage in fat-shaming tend to score high in this personality trait

A new study explores how certain personality traits affect individuals' attitudes on obesity in others.

Mind & Brain
  • The study compared personality traits and obesity views among more than 3,000 mothers.
  • The results showed that the personality traits neuroticism and extraversion are linked to more negative views and behaviors related to obesity.
  • People who scored high in conscientiousness are more likely to experience "fat phobia.
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4 anti-scientific beliefs and their damaging consequences

The rise of anti-scientific thinking and conspiracy is a concerning trend.

Moon Landing Apollo
  • Fifty years later after one of the greatest achievements of mankind, there's a growing number of moon landing deniers. They are part of a larger trend of anti-scientific thinking.
  • Climate change, anti-vaccination and other assorted conspiratorial mindsets are a detriment and show a tangible impediment to fostering real progress or societal change.
  • All of these separate anti-scientific beliefs share a troubling root of intellectual dishonesty and ignorance.
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Reigning in brutality - how one man's outrage led to the Red Cross and the Geneva Conventions

The history of the Geneva Conventions tells us how the international community draws the line on brutality.

Napoleon III at the Battle of Solferino. Painting by Adolphe Yvon. 1861.
Politics & Current Affairs
  • Henry Dunant's work led to the Red Cross and conventions on treating prisoners humanely.
  • Four Geneva Conventions defined the rules for prisoners of war, torture, naval and medical personnel and more.
  • Amendments to the agreements reflect the modern world but have not been ratified by all countries.
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