They played the All-Star Game this week — I’ve been so busy I didn’t know it was coming up until the day after. I always mark the All-Star Game as the halfway point in the Ocean City summer business season, not so much because the game’s in mid-July, but because it’s halfway between May 1 and… [Read more…]
Since when do U.S. generals give interviews to Rolling Stone? Double-dip recession? There was never any real question of that. You can see bigger storm clouds on the horizon. Of course, they could blow over. You never know. BP lies. So which big corporation can you trust? What about government? Everyone turns to the federal… [Read more…]
We’re going to make America first in the future, not just the past.” There it is. Write it down. Send it to the printer. Barack Obama said it in June, in Ohio. “We’re going to make America first in the future, not just the past.” You can put that on your bumper sticker. “Make America… [Read more…]
In New York, the Dow-Jones closed above 11,000 today, and the Newsweek cover proclaims “America’s Back!” Maybe so. But one Ocean City businessman told me today: The recovery is affecting Wall Street, and a little recovery might be trickling down to Main Street, but recovery hasn’t started on the side street.” I’ve been looking for… [Read more…]
Will the recent pre-spring condo auctions establish a bottom, or a floor, for condo prices in Ocean City, Maryland? I hope so, but I do not know. All 20 condos offered for sale at the Bahia Vista I and II, on Edgewater Avenue between 10th and 11th Streets, were reported sold at two auctions, one… [Read more…]
I want to call your attention to a very though-provoking article on the state of the Worcester County economy over at Lost On The Shore, which is one of Maryland’s best political blogs. <a href="http://blogitti.blogiche.com/">Blogitti<⁄a> The post is entitled “Depression Amidst The Fun,” and as you might gather from the title, it paints a gloomy… [Read more…]
Jan. 29,2011, News Bulletin: The 2011 Ocean City Job Fair will be on Saturday, March 12, 2011. Please see Jan. 29, 2011 post. Jan 15, 2011 News Bulletin: Foreign Workers The number of foreign workers competing for summer jobs in Ocean City in 2011 may be sharply reduced. The U.S. Department of State is tightening requirements… [Read more…]
Maryland On My Mind has never done this before, but today I’m posting an e-mail in it’s entirety from TrueMajority, which is associated with MoveOn.org. But first, I would like to propose a simplified health-care bill, something along the lines of: This act extends Medicare to all U.S citizens. The U.S. courts shall impose penalties… [Read more…]
Maryland On My Mind takes a break from our wall-to-wall winter weather coverage to ponder our economic predicament. It’s so rare that I find a graph I can actually understand. Here’s something interesting, courtesy of PIMCO’s Bill Gross: “The most vulnerable countries in 2010 are shown in PIMCO’s chart “The Ring of Fire.” These red… [Read more…]
The Makai condo auction in Ocean City generated a modicum of interest this past November. Some condos were sold, and some remain available. Three months after the Makai auction, a sign in front of the property advertises condos starting at $135,000. The Makai is on Coastal Highway in Ocean City, just north of the Convention… [Read more…]
July 16, 2010
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