Are Farms the Suburban Future?


More than fifty years ago, Frances Montgomery and Philip O’Bryan Williams bought a 500-acre stretch of prairie north of Dallas as a horse farm. It was designed to be a place for their children to run wild on weekends, ride horses, a family escape light years from the Frette-linen, Viking-kitchen and fully staffed second and third home palaces enjoyed by today’s junior high net worth set. The main residence was a recycled World War II barracks; the one bathroom was the only luxury.  read more »

Housing Price Bubble: Learning from California


In a letter to The Wall Street Journal (February 6) defending California’s greenhouse gas (GHG) emissions policies, Governor Arnold Shwarzenegger’s Senior Economic Advisor David Crane noted that California’s high unemployment is the result of “a bust of the housing bubble fueled by easy money.” He is, at best, half right.

The “bust of the housing bubble” occurred not only because of “easy money,” but also because of the very policies California has implemented for decades and is extending in its battle against GHG emissions.  read more »

George W. Bush: Welcome Back to Dallas, Sort Of


Any moment now I expect to see the familiar face of our former President, George W. Bush, in the parking lot of our local grocery store. Maybe I’ll run into Laura Bush on the treadmill at the Cooper Aerobics Center where both worked out on trips to Dallas. Once they are settled into 10141 Daria Place, I expect her mailbox to runneth over with invitations from countless charitable organizations, asking her as a former First Lady to be honorary chair and spearhead fundraising. And if only I attended Highland Park United Methodist Church, I may even have the benefit of praying with both the former President and his wife in that venerable Dallas institution: Bible Study.

But the Bush family’s return to Dallas may not be as spectacular as they are hoping.  read more »