Saturday, August 29, 2020

Re/Visting An Older Post To Help Put Speculative Risk & LAND-USE USE ENTITLEMENT Into Context

Just about a year ago...Politics & Real Estate / "Friends & Family"

16 July 2019

A Mesa Girl - Karrin Kusanek Taylor Robson - Is Mulling A Run For Arizona Governor

Context first for this key character with a history > scroll down to section 2 below.
Six years ago - it's another one of those East Valley Tribune's could be qualifier stories where Karrin Taylor Robeson is "keeping her options" open. She's now looking for investments in a race for governor to pay her back 
Mesa native’s influence key to city’s future

Source: AZ BigMedia
 
This could be a Mesa girl does good story.

But it’s really a story about how good it is for Mesa that a Mesa girl did good. 
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https://mesazona.blogspot.com/2019/03/the-grid-runs-into-road-block-no.html
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She graduated from Mountain View High School and received her law degree from Arizona State University. 
Her eyes lit up as she talked about growing up in Mesa where her father, veteran lawmaker and former Arizona Senate President Carl Kunasek, owned three drug stores*"For more than 20 years, Karrin Taylor Robson has been one of the most sought-after strategists on major real estate development in the West.  Trained as an attorney specializing in land use, development and zoning, she spent more than 12 years as the Executive Vice President of DMB Associates, Inc., a Scottsdale based master-planned community developer where she was responsible for ongoing land use entitlement matters and other value-enhancing efforts for its communities and businesses.  
She has successfully obtained approval of municipal finance incentives and  tools that provide well over $500 million of value to her clients. Cumulatively, she has entitled more than 20,000 acres including more than 35,000 homes and over 25 million square feet of commercial uses.
BLOGGER NOTE: See above and click or tap this link
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KTR making a pitch for THE GRID
Former developer Karrin Taylor Robson mulling bid for 2022 guv’s race
By Jeremy Duda 
"Karrin Taylor Robson, a developer and prominent Republican donor, might run for governor in 2022.
 
Robson told the Arizona Mirror that she’s had a lot of people urge her run. She said she wouldn’t go as far as to say she’s considering it, but conceded that she hasn’t ruled it out. 
“I’d like to keep all my options open as I wind my way through life,” she said.

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1 Robson is a member of the Arizona Board of Regents
2 Robson is the founder and president of Arizona Strategies, a land-use strategy company based in Phoenix.
3 She was previously the executive vice president for development company DMB Associates
4. She was a land-use, zoning and development attorney with the law firm Biskind, Hunt & Taylor.
5 After leaving DMB in early 2016, she formed a consulting company
6 Robson served as DMB’s lobbyist at the state Capitol until May 2019.
7 Robson is a member of the Kunasek family, a Republican political family with deep roots in Arizona.
8 Her father, Carl Kunasek, was president of the Arizona Senate and a member of the Corporation Commission.
9 And her brother, Andrew Kunasek, was a member of the Maricopa County Board of Supervisors. 
10 She is married to developer Ed Robson, the founder and president of Robson Communities. 
“I do have a long history. My family’s been active in the political sphere since before I was born, and I love this state,” Robson said.
 

Though she hasn’t made any decisions, Robson indicated that, if she runs, she won’t rely on her own money to fund her campaign, at least not exclusively.
She said anyone who runs for office should be able to generate enough support that people are willing to invest in their candidacy.
"You don’t want to just go in there and do it on your own. You want to have people who are impacted by your decisions have investment in you,” she said. 
Gov. Doug Ducey was re-elected to his second term in November, and will be termed out in 2022. 
Arizona Attorney General Mark Brnovich and Treasurer Kimberly Yee are viewed by many as contenders for the Republican nomination as well.

This isn’t the first time Robson’s name has been floated for public office. She was on the list of candidates being considered for appointment by Ducey to replace U.S. Sen. John McCain.
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Salon: Arizona On-The-Radar > Both Stae House Chambers Could Flip To The Democrats

Arizona GOP worried Trump and McSally will cost them the state: “Arizonans are fed up”
Trump and McSally's sagging poll numbers now threaten to flip both chambers of the state legislature to Democrats


 
5.3K
 
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IGOR DERYSHAUGUST 27, 2020

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Who is IGOR DERYSH
Igor Derysh is a staff writer at Salon. His work has also appeared in the Los Angeles Times, Chicago Tribune, Boston Herald and Baltimore Sun.
Tips/Email: iderysh@salon.com Twitter: @IgorDerysh
MORE FROM IGOR DERYSH
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Democratic nominee Joe Biden would become just the second Democrat to carry the state since 1948 if he can pull off a win, and Arizona would have two Democratic senators for the first time since 1953 if Sen. Martha McSally, a Republican appointed to her seat by Gov. Doug Ducey, loses her race to retired astronaut Mark Kelly. . . 
"There are two [State] Senate seats that are vulnerable," (Bentz said), and it's the "same thing on the House side." He said he could imagine "a world in which both chambers ended up equally split … which would be unbelievable, but there's a pathway towards that. That might happen." . . 
Felecia Rotellini, the chairwoman of the Arizona Democratic Party, told Salon that "Arizonans are fed up" with Republicans' "failure to control the spread of the virus." Along with Trump's widely-criticized federal response, Republican Gov. Doug Ducey has seen his approval rating plummet into the 30s after infections spiked following the state's early reopening. . . 
"We elected the first Democratic U.S. senator from Arizona in 30 years, secured three additional statewide victories, flipped a U.S. Congress seat blue — giving us a 5-4 Democratic congressional delegation majority — and increased Democratic representation in the state legislature," she said. "Now, in 2020, we've doubled-down on this strategy. We began organizing earlier than ever before, are building the largest Democratic organizing effort in our party's history and we have phenomenal leaders like astronaut Mark Kelly."
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Surging Markets Make The Rich Richer // More Income & Wealth INEQUALITY In The Short Term and Longer Term

Yup https://www.bloomberg.com/
World’s Richest People Smashed
Wealth Records
This Week
By   
 
    
Elon Musk’s fortune tops $100 billion as Tesla rally continues         
Surging markets make Jeff Bezos world’s first $200 billion man
                    
 
" . . . And by Friday, the world’s 500 wealthiest people were $209 billion richer than a week ago.
Musk’s surging wealth expanded the rarefied club of centibillionaires to four members. Facebook Inc. co-founder Mark Zuckerberg, the world’s third-richest person, joined Bezos and Bill Gates among the ranks of those possessing 12-figure fortunes earlier this month. Together, their wealth totals $540 billion, according to the Bloomberg Billionaires Index.
U.S. stocks reached fresh highs on Friday as investors took confidence in the Federal Reserve’s new inflation approach. . .
Bezos’s fortune has doubled since he crested the $100 billion mark in late 2017, even after ceding a quarter of his Amazon stake to ex-wife MacKenzie Scott in a divorce last year.
Scott is now $700 million shy of surpassing L’Oreal SA heiress Francoise Bettencourt Meyers as the world’s richest woman.
The world’s 500 richest people have collectively grown their fortunes by $871 billion this year, a 15% increase, according to the billionaires index.
— With assistance by Jack Witzig, and Jack Pitcher
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The heady pace of wealth accumulation is in stark contrast to the state of the global economy. Growth has slumped sharply since the pandemic began with companies laying off millions of workers and consumer demand cratering.
Income Inequality
The brunt of economic pain has been borne by young and lower-wage workers, whose jobs are typically more vulnerable to Covid-related layoffs.
“There is little doubt that the pandemic will exacerbate inequality in incomes and wealth, both in the short term and in the longer term,” said Miles Corak, an economics professor who studies income inequality at the Graduate Center of the City University of New York.
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RELATED CONTENT ON THIS BLOG
All Things Monetary: Money Supply, Money Velocity and Supply Shocks > The Pros + The Cons
 
 

That's a lot to throw at anyone - but let's do it anyway. OKThaw substance and meat of this post is taken from arguments and data that were published this morning - very early the day after Fed Reserve President Jay Powell made an announcement on longer-term objectives of a change in the central bank's monetary policy . . .

16 August 2020

The Medium is The Message >> 116 Organizations Driving Change

MacKenzie Scott

A Post written by Mackenzie Scott on July 28,2020
It's a 5-minute read taken directly from Medium 
Last year I pledged to give the majority of my wealth back to the society that helped generate it, to do it thoughtfully, to get started soon, and to keep at it until the safe is empty . . .
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Friday, August 28, 2020

SPECIAL FEATURE POST: Jon Talton's "Rogue Columnist"

< Here's a new image and the same byline:

'A pen warmed up in hell'
Reality-based commentary about Phoenix, Arizona, and the nation

Here's an introductory snippet lifted from Talton's website:
It's A TRIGGER WARNING
"We are in a moment of existential peril, both for our form of self-government and the planet .." 

MOST RECENT published online August 24, 2020

Worries of the fall
IMG_0528
Enough Phoenix history and historical photo galleries for awhile.
Time to write about politics, with as much honesty as keeping myself viable allows. I promise you reality based commentary. So consider yourself given a trigger warning.
 
The Democratic National Convention was a hit, at least with Democrats, and contained many high notes, especially President Obama's speech and the acceptance address of Joe Biden
(Illustration by Carl Muecke)
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We are in a moment of existential peril, both for our form of self-government and the planet. The Biden-Harris ticket is the answer, particularly if Democrats win the Senate, too. Trump, who won the Electoral College thanks to a mere 80,000 votes in three Midwestern states, has shown himself worse than unqualified for the job. He is a menace. As Obama said in his speech:
Donald Trump hasn't grown into the job because he can't. And the consequences of that failure are severe. 170,000 Americans dead. Millions of jobs gone while those at the top take in more than ever. Our worst impulses unleashed, our proud reputation around the world badly diminished, and our democratic institutions threatened like never before.
And yet, according to FiveThirtyEight, nearly 42% of poll respondents approve of him. This is no-doubt low because of a new version of the "Bradley Effect," where many Trump supporters lie to pollsters for fear of being labeled a racist, white supremacist, etc. He gets credit for a good pre-COVID economy even though his jobs and growth numbers trail the last three years of Obama.
How is this possible? How could anyone who has been paying attention to the lies, corruption, incompetence, and treason of the past three-and-a-half years support this man?
Continue reading "Worries of the fall" »
Posted at 02:20 PM in Politics: National | | Comments (23)
The Front Page
  Phoenix and Arizona




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All Things Monetary: Money Supply, Money Velocity and Supply Shocks > The Pros + The Cons

That's a lot to throw at anyone - but let's do it anyway. OK
Thaw substance and meat of this post is taken from arguments and data that were published this morning - very early the day after Fed Reserve President Jay Powell made an announcement on longer-term objectives of a change in the central bank's monetary policy.
Here's the link > WaPo 08.28.2020Connect the dots if you can. Right now the jury is out
"There’s hardly any question that carries greater weight in economics right now, or divides the financial world more sharply, than whether inflation is on the way back.
One camp is convinced that the no-expense-spared fight against Covid-19 has put developed economies on course for rising prices on a scale they haven’t seen in decades.

The other one says the virus is exacerbating the conditions of the past dozen years or so -- when deflation, rather than overheating, has been the big threat.
A decision by the U.S. Federal Reserve to allow inflation to run higher during economic recoveries is raising the stakes in the debate.
What’s the evidence on inflation?
For now the jury is out. Some countries reported a drop in prices early in the crisis, and a jump more recently. In the bond markets and among consumers, measures of expected inflation have edged higher. But the data that will ultimately settle the question could take years to trickle in. In the meantime, investors and the public are left to weigh the arguments. Here are some of the main ones...
Case for Inflation: Loose Central Banks
One reason why many analysts expect higher inflation is simply because central banks, the guardians of price stability in the low-inflation era, are more willing than ever to let it rise, a trend emphasized by the Fed’s announcement of its new strategy...
Case Against: Loose Labor Markets
Policy makers have worked with a rule of thumb that assumes some kind of trade-off between inflation and unemployment, known as the Phillips Curve. The idea is that prices will only face sustained upward pressure when the economy is using all its resources –- including labor. Doubt has been cast on the strength of that link. Still, if there’s any connection at all, then it should ease concerns about inflation. Employment everywhere has slumped, with little prospect of a quick rebound to pre-pandemic levels.
 
Case Against: Money Velocity
It’s the use of money, not just its creation, that affects prices. That’s one explanation for subdued inflation since 2008, even as central banks cranked up the printing presses. And the same forces may still be at work. In the U.S. the “velocity” of money -– the frequency with which it changes hands, as people use it to buy goods and services -– fell off in the 2008 financial crisis, never really recovered, and has collapsed to unprecedented lows now.
 
Case for Inflation: Household Wealth
Spending may bounce back faster than it did after 2008, and drive prices higher, because a more aggressive policy response has cushioned the blow to household finances...
Case Against: Household Fear
Incomes may have held up through the recession, thanks to government intervention, but not all the money is getting spent.

Case for Inflation: Supply Shocks
There’s already evidence that disruptions to supply chains are pushing prices up. In China, for example, food inflation has been accelerating in the last couple of months, and a squeeze on imports because of the pandemic is one reason why.
The long-run risk is that the virus will escalate tensions like the ones behind the U.S.-China trade war.
> Governments may become more reluctant to rely on other countries for strategic goods, such as masks and medicine or computer chips.
> They could pressure business to bring manufacturing home, even when it’s more expensive. “Trade, tech and titans” -- cheap imports, technological advances and corporate giants with the market power to suppress wages -- have been “the driving forces behind the disinflationary trends over the last 30 years,” Morgan Stanley economists wrote. But the same trio also gets blamed for widening inequality, and faces growing political scrutiny that “could create a regime shift in inflation dynamics.”
Case Against: Spare Capacity
The fight against Covid-19 has often been compared with an actual war, the kind of disaster that historically has triggered inflation. But there’s an important difference.
Military conflicts wreck the supply side of the economy, like factories and railway lines, leading to bottlenecks and shortages that push prices up. The coronavirus has left those facilities intact -- even if they’re not being used right now. In a pandemic, it’s demand that takes the main hit, says Alicia Garcia Herrero, chief Asia Pacific economist with Natixis SA. “Capital is not destroyed or depleted, so it is much easier to end up with excess capacity,” she says. That distinction is one reason she’s “in the deflation camp.”
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THE SOURCE:
For more articles like this, please visit us at bloomberg.com
How the Fed Is Bringing an Inflation Debate to a Boil
Ben Holland, Enda Curran, Vivien Lou Chen and Kyoungwha Kim |
Bloomberg
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Thursday, August 27, 2020

It's All In Your Mind: The Manic Denialism of the Republican National Convention

Eric Trump the son of President Donald Trump tapes his speech for the second day of the Republican National Convention.
Speakers at the R.N.C. have echoed Ronald Reagan’s 
politics of blithe optimism, drawing attention to manufactured crises 
while downplaying real ones.Photograph by Andrew Harnik / AP 
. . .problems in your life aren’t real; the real problems are the ones that nobody, except for everybody on this stage, has the courage to talk about. The media wants to brainwash you; the Marxists are massing outside your idyllic suburban lawn; if the enemy gets its way, small businesses will be decimated, Thomas Jefferson will be cancelled, and 911 will go straight to voice mail. The speakers at the Republican National Convention keep ringing the same notes: fabricated panic followed by hoarse, manic Panglossianism. Jobs were lost under past Democrats, and they would be lost under future Democrats, but with President Trump there is only milk and honey. Joe Biden is a stultifying agent of the status quo, too boring to mention by name; he is also an unprecedented break with tradition, a threat to all that we hold dear. Climate change, of course, is waved away as mass hysteria; even the coronavirus pandemic is mentioned rarely and almost always in the past tense, as if the decision to deliver speeches in a cavernous, empty auditorium were merely the whim of a quirky location scout. Anyone watching from quarantine, during a once-in-a-century unemployment crisis, would not need a fact check to know that this is all a stretch, to say the least. Still, who doesn’t like a bit of flattering escapism now and then? A disaster movie is supposed to have a clean arc: hero nukes asteroid before it can collide with Earth. Who wants a muddled plotline about a real and intractable disaster—a hurricane supercharged by global warming, or the long struggle against police brutality, or a President who may or may not be on the verge of stealing an election and triggering a constitutional crisis? Sounds depressing. Besides, movie theatres are closed right now, for reasons it would be too much of a bummer to mention.
“America is not a racist country,” Nikki Haley, the former governor of South Carolina, said on Monday night, twenty seconds before referring to the “discrimination and hardship” she and her Indian-American family had faced. 



Daily Comment

The Manic Denialism of the Republican National Convention

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