real estate

“Idiots Fiddle While Rome Burns” – comforting and facile rhetoric

Now that the housing crisis is visible to all, let’s do what 21st century Americans do best:  point the fickle finger of blame at someone else. “Idiots Fiddle While Rome Burns“, Barry L. Ritholtz, posted at The Big Picture, 16 July 2008 — Bold emphasis added.  Excerpt: The collection of ne’er do wells, clueless dolts, political hacks, …

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Diagnosing the Eagle: the housing bust

Summary:  The first in a long series of posts about one of our most serious problems, one that results from other and deeper problems — which makes it difficult to fix.  Links to other chapters in the series appear at the end. Something is wrong with America, rendering our society incapable of connecting effectively to reality.  The late USAF Colonel John …

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