"Magazine-Cover-Indicator" Indicator....

Now It Really Is Time for Federal Agencies to Act on Housing

Once house price declines have finished (a longs ways down yet to get back to the long term trend lines), *then* a recovery can begin.

Slowing this correction down, as suggested here, means continued losses for builders, furniture makers, etc., as the correction is prolong.

That would mean more of these busniess go out of business than would in a faster correction.

The aid for speed and beneficial disruption in a fast correction are defaults and bankruptcies helping to re-set prices more quickly.

Likely we will get instead a bailout that prolongs the downturn and causes far, far more long term damage to the American economy.

The bailouts are yet another version of central planning instead of free markets.

Thinking your own interference and intelligence is wiser than the collective intelligence of everyone else (the market).