Glasshouse of the week

first_imgPoll panditsBJP president Amit Shah is fine-tuning his electoral strategy for the Uttar Pradesh elections early next year. The new plan is to reach out to voters through priests of the prominent Hindu temples in the state. Shah has directed the UP unit of the party to collect the names,,Poll panditsBJP president Amit Shah is fine-tuning his electoral strategy for the Uttar Pradesh elections early next year. The new plan is to reach out to voters through priests of the prominent Hindu temples in the state. Shah has directed the UP unit of the party to collect the names, numbers and addresses of priests of major temples in each of the state’s 75 districts. The data is to be submitted to the BJP Lucknow office. The hope is that the pandits will pass the message along with the prasad to devotees during the elections. There’s no doubt any more that the BJP is in election mode-party vehicles have been instructed to sport ‘Na gunda raj, na bhrashtachaar, abki baar Bhajapa sarkar’ bumper stickers.Trading placesPresident Pranab Mukherjee will start his May 24 China visit in Guangzhou, the country’s manufacturing capital and not in Beijing, as is usually the norm. The focus is a business summit with China’s biggest state-run firms. While presidential visits are often as much about pomp, China is keen to show outcomes. Delhi, meanwhile, hopes to push investment ties with a wealthy province that accounts for a quarter of the $71 billion two-way trade.Foreign handThe BJP state leadership in Uttarakhand is upset with the failed attempt to dethrone Harish Rawat’s government. Fingers are being pointed at the external hand behind the failed operation, BJP general secretary Kailash Vijayvargiya, the leader from MP who reportedly conducted ‘operation topple’ without keeping the state unit in the loop.advertisementMuted anniversary Photo: Chandradeep Kumar The BJP has decided on low-key second anniversary celebrations after its ‘Saal ek shuruaat anek’ PR overdrive last year. The party is calling its second-year spin, ‘Transforming India’, but suggestions for a major extravaganza at India Gate did not find favour with the bureaucracy. They advised against celebrations when large parts of the country are reeling under a drought. Prime Minister Narendra Modi has advised individual ministers to speak of their, and the NDA government’s, achievements on Doordarshan and through social media.Self promotionAndhra Pradesh chief minister N. Chandrababu Naidu has all but erased the name of his father-in-law and TDP founder N.T. Rama Rao. New government welfare schemes are now named after Naidu. The latest, Chandranna Vidya Deepam, which coaches students for IITs, was launched by Naidu himself on May 16. TDP leaders are miffed, but with a cabinet reshuffle on the cards, no one’s playing it up.The NCC mess Photo: Yasbant Negi The National Cadet Corps headquarters in Delhi was shocked recently when cadets returning from an exchange programme to Nepal rated facilities there better than in India. No surprise really. Senior officers say the corps has not procured uniforms for the nearly 13 lakh cadets since 2011 because a central contract has been delayed. This has forced local units to buy uniforms with their own resources. Training equipment too has been neglected-none of the NCC’s 250 para sails are operational as is the case with large numbers of whitewater rafts and microlight aircraft.Smartphone swipedUnion labour minister Bandaru Dattatreya went into a tizzy after his smartphone was stolen at his Ramnagar home in Hyderabad. The phone with Dattatreya’s numbers and personal data was stolen from the visitors’ area. Worse, surveillance cameras at the house were not working so the police are at a dead end. They are now tracking the phone’s IMEI number to catch the thief.Mother’s Day  Prime Minister Narendra Modi’s mother Heeraben, 93, recently spent five days with her son at his 7, Race Course Road residence. It was her first visit after he was sworn in as PM in May 2014. Modi took her around the 7, RCR garden each morning, part of the ‘quality time’ he later tweeted about. After she left, Modi reportedly told an aide that he wanted Heeraben to stay on permanently but felt he wouldn’t be able to do enough for her. Quality time is clearly a rare commodity for him.Drop by dropBihar BJP boss Sushil Modi faced 20 call drops on his way to Siwan on May 14 (a peeved Modi had asked his PA to count the number). As it happens, Modi’s phone connection is from BSNL, a department of his colleague, Ravi Shankar Prasad.Free for all by Anup Roy  Home boysMoS for home Ranjit Patil may seem an obvious choice to represent Maharashtra at the UN anti-terror meet in Turkey later this month. Only it’s the other MoS for home, Ram Shinde, who does most of the department’s firefighting. Is CM Devendra Fadnavis being partial to netas from home turf Vidarbha?advertisementThe week inBeni Prasad Verma’s dreams”The last dream of my life is to make Rahul Gandhi prime minister of India.”As Congress candidate for Gonda LS seat, May 2014″My dream is to make Akhilesh Yadav chief minister of UP for a second time.”After joining the Samajwadi Party, May 13, 2016 with Santosh Kumar, Ananth Krishnan, Kiran Tare, Ashish Misra, Amarnath K. Menon, Anshuman Tiwari, Amitabh Srivastava and Uday Mahurkar.last_img read more

In Some Markets Income Growth Outpaces Price Appreciation

first_img September 16, 2016 503 Views In Some Markets, Income Growth Outpaces Price Appreciation Home Price Appreciation Income Growth 2016-09-16 ScottMorgan1 in Daily Dose, Data, Headlines, Newscenter_img Times might still seem tough, but income growth is moving at a faster pace than its ever been, particularly in lower-income areas based on numbers from the U.S. Census 2015 American Community Survey, released this week. The news indeed came as a surprise, but it was not the only surprise in the numbers.Ralph McLaughlin, chief economist at Trulia, noted a second surprise‒‒metros with the lowest incomes had the highest income growth last year, a clear sign, he said, that regional income convergence is picking up.A look at the rate of income growth with the rise in home prices found that in several metros, income growth rate outpaced home price appreciation noticeably. Nashville, where income growth grew most in the country, saw 10.2 percent income growth in 2015, while median houses appreciated 7 percent. El Paso and Birmingham saw nearly 10 percent income growth and low home price growth. Birmingham homes appreciated 4.6 percent in 2015, whereas El Paso homes rose a mere 0.2 percent, the lowest price growth metro.The two anomalies in the 10 top income growth markets, Trulia reported, were Seattle and West palm Beach; Seattle because it was the only top-10 city considered a wealthy city, and West Palm Beach because it was the only top-10 metro where home prices grew faster than incomes (11.5 to 8.5 percent).In low-income markets in general, income growth rose about 5.5 percent as median prices rose 3 percent. This dynamic was shared with the highest income areas, where income grew 3.5 percent and median prices grew 3 percent in 2015.However, lower-middle, middle, and higher-income areas generally saw prices rise about a third more than incomes.Why are incomes growing?“It’s tough tell at this stage,” McLaughlin said. “In general, though, income growth can rise for a few different reasons.”Incomes tend to rise when the unemployment rate drops, employers raise wages to attract labor, productivity increases, and as a result of labor migration, McLaughlin said.“As firms open new locations and bring new employees with them, the multiplier effect of local spending generates more opportunity for supporting business,” he said. “Even if new employees aren’t paid any more than existing ones. While we can’t be certain which processes are dominating in individual markets, near full employment at the national level is certainly helping increase wages regionally.” Sharelast_img read more

Kolb is due a 2 million bonus if hes on the rost

first_imgKolb is due a $2 million bonus if he’s on the roster Friday afternoon and would count $13.5 million against the team’s 2013 salary cap if his deal wasn’t reworked.The Cardinals also signed free agent quarterback Drew Stanton to a three-year deal earlier this week. Former Cardinals kicker Phil Dawson retires 0 Comments   Share   The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Kolb and the team discussed various options for him to return, but both sides could not come to an agreement.— Adam Caplan (@caplannfl) March 15, 2013 However, the team has left the door for him to return, which is very interesting. It was assumed that they didn’t want him back.— Adam Caplan (@caplannfl) March 15, 2013center_img Grace expects Greinke trade to have emotional impact Top Stories It’s taken a lot longer than many thought it would, but it looks like Kevin Kolb’s tenure in Arizona is just about officially over.NFL insider Adam Caplan tweeted the news Friday morning:QB Kevin Kolb rejected the Cardinals contract restructuring and will be released by 4:00 PM ET, source confirmed.— Adam Caplan (@caplannfl) March 15, 2013 Derrick Hall satisfied with D-backs’ buying and sellinglast_img read more