Current Affairs

"Americans are moving less often because moving is hell"

It's probably not the only, or even the main, reason. But it doesn't help.

Here’s a brief list of some of the closing costs you’ll incur around here. There are bank fees, application fees, processing fees, appraisal fees, credit-report fees, bank-attorney fees, recording fees, title-insurance fees and municipal-search fees.

Those are just for the buyer. The seller’s costs include transfer taxes, miscellaneous title fees and a pickup fee for the Title Closer as well.


"Unicorn Governance: Ever argued public policy with people whose State is in fantasyland?"

Mike Munger nails the core problem of big government advocates.

My friends generally dislike politicians, find democracy messy and distasteful, and object to the brutality and coercive excesses of foreign wars, the war on drugs, and the spying of the NSA. 

But their solution is, without exception, to expand the power of "the State." That seems literally insane to me—a non sequitur of such monstrous proportions that I had trouble taking it seriously.

Related: Peter Gordon, "Not Just the Toadies," refers to some of the relevant literature.


"School ‘donor’ a serial scammer who once posed as a Yankee"

You can't make stuff like this up. Random guy shows up at a New York City high school and hands it a check for $1.5 million. High school starts to spend the money before check clears. Check bounces. Guy has spent almost 20 years of doing wildly fake stuff

The Brooklyn high school that discovered it had been scammed by a bogus $1.5 million check suddenly canceled a student trip to the White House, infuriated parents said Thursday.