cobblestone

FDIC Forecasts More Bad Loans and Bank Failures

When and how will jobs be created in this country?

Solve the Housing Crisis by Rewarding the Prudent

Based upon your original premise, what about the "really" prudent ones that chose to live below their means and chose instead to pay off their mortgages in full. They are now watching their home equity and investment erode. What about reprimanding the government that caused this mess and letting the free market work. Yes, some people will feel pain and I feel sorry for these people but no one is compensating me for my bad financial decisions. Why should we single out and compensate only selective bad decisions?

A Note to the Bubble-Phobes

Isn't there a "bubble" when price is extra-ordinarily out of line with a particular variable and is caused by "artificial" and temporary factors (i.e. homes prices, wages & "easy" financing)?