Which is strange, you know? Usually indifference produces really good government.
At any rate- the biggest “issue,” if you can call it that, is that this spring congressional Republicans did a bunch of things they did not negotiate, and then added insult to injury when they came back and broke a bunch of deals they had made to keep the government open the last time. They then dared the Democrats to do something about it and refused to negotiate for a continuing resolution, because they thought Schumer would cave. But he didn’t.
As of now, the Democrats are asking for the ACA subsidies to be restored. The GOP is refusing to negotiate that and Mike Johnson is even refusing to commit to a vote. That’s where we are now.
Ralphie May spoke at a company event we had 25 years ago. He said “you get on the plane and everybody opens their laptops. On Greyhound people have shoeboxes. Shoeboxes are like laptops on the bus.”
Here’s the video of the meeting. It’s interesting to listen to the young staffers and hard not to feel for their sadness and hurt. They seem to have bought into the bullshit and actually thought the “Heritage Foundation” was on the level.
I guess. Frankly I’ve can’t think of a supply imbalance in history that has ever corrected without meeting the top of the market first. The Austin MSA is correcting in large part because of all the “luxury condos” that came on the market around the same time rates went up. My point is that we don’t need to pay developers to take risks, but to simply allow them to meet the market.
Indeed two of the three important drivers of affordability erosion are income inequality and two decades of essentially free credit combined with federal tax stimulus for top earners. But, we can’t address that at the municipal level. We can only address the third major contributor, which is restrictions on housing construction in centralish Austin.
Context- Sands Corp was the primary financial supporter for Huffman, who came in a distant third in the Texas Senate Special.
Sands Corp’s President and COO is Miriam Adelson’s Son-in-Law, Patrick Dumont the owner of the Dallas Mavericks, who approved trading Luka Doncic.