Economic Meltdown
"The kind of man who wants the government to adopt and enforce his ideas is always the kind of man whose ideas are idiotic" -- H. L. Mencken.
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05/24/2010
So.......Can a black restaurant owner refuse to serve a Ku Klux Klansman? Hmmm?
May 24, 2010 5:28:23 PM
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California or Nazi Germany? Unreal.
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Housing on Life Alert - Mish Shedlock
Another excellent blog from Mish. He points to an article from Business Week where they discuss the facts that 90% of the entire mortgage market is being generated from Fannie, Freddie and FHA. That means, in essence, that only 10% are being written voluntarily. Yes, most houses being bought today...
POB
It is amazing to me how many people do not realize the dire condition the US economy is in.
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More Nassim Taleb - Both of his Books are Excellent
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