Tuesday, March 20, 2007

Is This Guy Still Employed, and If So, Why? (Example #1)

For a good laugh, read this Wall Street Journal piece of, um, commentary(?) from 2005.

...The reality is this: There is no housing bubble in this country....

  • Myth #1. There is too much capacity...
  • Myth #2. Risky mortgage products are fueling house appreciation....
  • Myth #3. Speculators are Driving Home Prices....

Wisdom courtesy of Neil Barsky, July 28, 2005

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