Hear Ye! Hear Ye! Housing Crash! Obesity Epidemic! Depression of 2009! Read All About It!
News from the homeowner front. That is, news from the housing crash:
Thu May 22 2008
Low Rates Fueled Bubble, But Can’t Stop Bust (Charles Hugh Smith)
Nation’s Most and Least Affordable Housing Markets (efinancedirectory.com)
Congresswoman Walks Away (capitolweekly.net)
Congresswoman denies foreclosure report (latimesblogs.latimes.com)
Housing crisis hits the House (politico.com)
Moody’s Falls on “Ratings Error” Probe (bloomberg.com)
The Risks of Rescuing Borrowers (nytimes.com)
U.S. Stocks Drop on Inflation Caused By Fed Cuts (bloomberg.com)
PPI shows Enormous Squeeze On Profits (Mish)
Foreclosure papers’ deliverers can’t keep up (orlandosentinel.com)
As Bank Seizures Swell, Investors Seek Elusive Prey (realtytrac.com)
Analysis of Mortgage Crisis (newleftreview.org)
Countrywide CEO Mozilo criticizes customer e-mail (biz.yahoo.com)
All excesses have their just consequences. How much longer could people operate by gluttony, greed, and pride?
The obesity epidemic is next. We can only hope that food rationing during the Depression of 2009 will stave off a health calamity.
