Category: Speculation

International Law’s Tinkerbell Moment: Part 1, What do you think?

11 July, 2014 (10:00) | Argentina, Bonds, cramdown, Finance, international law, Law, Markets, Politics, Recapitalization, Securities, Speculation, World Cup | No comments

By: David A. Smith Do you believe in international law? Tinkerbell’s voice was so low that at first he could not make out what she said. Then he made it out. Peter Pan, Chapter 13, Do you believe in fairies? Though ‘international law’ does not exist (it presupposes a lawgiver with dominion over all), international […]

Occupancy if not ownership: Part 2, A place is only a place

7 July, 2014 (13:48) | Archdiocese of Boston, churches, Development, occupancy, ownership, Property Rights, Scituate, Speculation, Theory, US News | No comments

[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post on the deconsecrated Boston-area churches, using two recent stories in the Boston Globe (June 22, 2014; blue font) and the Boston Herald (June 22, 2014), highlighted that after a ten-year canonical appeals process, the Vatican denied the petitioners’ request for the archdiocese of Boston to […]

Month in Review, March, 2014: Part 2, No spin here, no sirree

2 May, 2014 (09:00) | Bankruptcy, Bonds, city, dictators, Discrimination, Housing, Month in review, mount Holly, Municipal bankruptcy, New York, public consultation, Puerto Rico, Speculation, Taxation, Ukraine, US News, Zoning |

[Previous Months in Review available here: Feb 14, Jan 14] [Continued from yesterday's Part 1.] By: David A. Smith Because affordable housing cannot exist unless the state or nation’s economy and polity are basically sound, roughly half of my March posts dealt with issues of state or national fiscal viability (Puerto Rico and Ukraine), housing […]

­­Month in Review, March, 2014: Part 1, It’s always the palace, isn’t it?

1 May, 2014 (09:00) | Bankruptcy, Bonds, city, Cyprus, dictators, Discrimination, Eminent domain, Housing, Month in review, mount Holly, Municipal bankruptcy, New York, public consultation, Puerto Rico, Speculation, Taxation, US News, Zoning |

[Previous Months in Review available here: Feb 14, Jan 14] By: David A. Smith That wrong shall fail and right prevail Though sic semper tyrannis is often more wished for than achieved, every now and then it happens, and March opened with the promise of political spring in Ukraine, a ray of political sunshine that […]

Cyprus’s economic coma: Part 3, And others die

26 March, 2014 (09:00) | Bailouts, Banking, Cyprus, Economics, Eurozone, Global news, Housing, Recapitalization, Russia, Speculation |

[Continued from yesterday's Part 2 and the preceding Part 1.]   By:David A. Smith   And others die. – Wikipedia’s summary of coma                                                                                                                                               With the Economist’s (March 8, 2014 news article and an editorial (March 8, 2014; brown font) epiphany that maybe the ECB/ IMF ‘rescue’ of Cyprus has been a botch from start to […]