This AP story carried in today’s Huffington Post is important because it highlights the problems we have had with ideological leadeership:Bush Administration Weakened Lending Rules Before Crash The important issue here is not just the hard right ideological content of the Bush Administration’s policy decisions. It is also that we should all be leery of […]

I am providing you all a link to this New York Times article:U.S. Approves Plan to Help Citigroup Cope With Losses – NYTimes.com for two reasons. First: it has an excellent embedded graphic showing the long list of bailout money that has so far been spent. Second: it has a terrific photograph of George Bush […]

Here’s today’s figures on home prices via the New York Times:Home Prices Plunge in October The long term decline in house prices can be expected to continue. Do not believe the analysts. They are the ones who completely missed the dangers of the housing bubble and its impact on society. Home prices as a ratio […]