Category: Bankruptcy

Month in Review, February, 2016: Part 2, The macro of money

22 March, 2016 (10:00) | Apartments, Bankruptcy, Chicago, China, Cities, Housing, Maine, Micro-units, Mobile homes, Municipal bankruptcy, Real estate taxes, Rent control, Rental, Tiny houses, Venice |

By: David A. Smith [Continued from yesterday’s Part 1.] As we saw yesterday with both the tiny house and the tiny rent-controlled apartment, ecosystems are more complex than they appear on the surface – – and when a half a trillion paper butterflies flap their wings to escape its financial regime, the consequences are felt […]

Month in Review, February, 2016: Part 1, The micro of people

21 March, 2016 (10:00) | Apartments, Bankruptcy, Chicago, China, Cities, Housing, Maine, Micro-units, Mobile homes, Municipal bankruptcy, Real estate taxes, Rent control, Rental, Tiny houses, Venice |

By: David A. Smith So bound up is housing in our conception of ourselves – perhaps it has to do with the trust we place in our space when we close our eyes for unconscious sleep – that inevitably we claim ownership and dominion over those sleeping surroundings, and see in them both expressions of […]

Vote bankruptcy in 2016!

8 February, 2016 (10:00) | Bankruptcy, Chicago, Cities, Homeownership, Housing, Municipal bankruptcy, Politics, Public-employee pensions, Rahm Emanuel, Speculation, US News |

By: David A. Smith   When you don’t pay your electric bill, the company shuts off the power.  When you exhaust your credit card, the company cuts you off.  And when you’re unable to prepay old bond issues, this becomes a problem for you only if you cannot sell new bond issues.  And that is […]

Fine for you but not fine for me: Part 15, I can certainly encourage it

18 December, 2015 (10:00) | Bankruptcy, Cities, Due process, Eminent domain, Fines, Government, Homeownership, Housing, Law, Local issues, Missouri, Municipal bankruptcy, Municipal finance, Pagedale, Real estate taxes, Taxation, US News |

By: David A. Smith [Continued from yesterday’s Part 14 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, Part 11, Part 12, and Part 13.] Yesterday’s post ended with Greendale Mayor Monica Huddleston claiming that efforts to reform municipal courts amounted […]

Fine for you but not fine for me: Part 14, Some of the 60 police departments

17 December, 2015 (10:00) | Bankruptcy, Cities, Due process, Eminent domain, Fines, Government, Homeownership, Housing, Law, Local issues, Missouri, Municipal bankruptcy, Municipal finance, Pagedale, Real estate taxes, Taxation, US News |

By: David A. Smith [Continued from yesterday’s Part 13 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, Part 11, and Part 12.] The Queen of Hearts notwithstanding, before the sentence must come the verdict, and before the verdict must come […]