Fear And The Housing Market
For many reasons, the housing market is unlikely to fully recover for the foreseeable future.
Fed Will Take Action ‘If’ Economy Falters
The Fed chair, seemingly oblivious to the fact things are pretty bad already, promises to do something if the economy falters. But he’s about out of arrows in his quiver.
2nd Quarter GDP Growth Revised Downward To 1.6%
Another set of bad economic numbers are out today, and one wonders when we’ll start getting the good news.
The Definition Of Insanity: Real Estate Edition
Lenders and Borrowers seem poised to make the same mistakes that brought about the last Housing Bubble all over again.
Limits of Transparency
If lawyers and MBAs don’t understand their mortgage documents, what chance do the rest of us have?
Is Megan McArdle Always Wrong?
Megan McArdle cites an academic article someone disagrees with, proving she’s a dishonest hack.
Ruling Class Elites
A bizarre rant in American Spectator contains some interesting thoughts about the nature of America’s political elite.
Conservative Class Warfare
Before we raise taxes on the rich, let’s first stop the flood of tax money that’s subsidizing their lifestyle.
Ruthless Rich Dumping Mortgages
Those with million dollar plus mortgages are defaulting at almost twice the rate on those smaller loans. Are the rich more ruthless?
New Home Sales Hit Record Low After Tax Credit Expires
The real estate market is returning to normal after being artificially stimulated by a tax credit.
