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What a riveting article from CNNMoney today.  Chris Isidore, CNNMoney.com's senior writer, took a very realistic (if not necessarily cynical) approach to the whole housing mess.  Isidore's opening paragraph (a good reporter sums it up in the opening, right?) is this:Before you put much ho...
Here's the quote of the day...OK two quotes...on housing news.  This is in response to data showing a 6.7% FALL in housing prices in October from a year earlier:"This is just the beginning," said Peter Schiff, a Darien, Conn.-based investment adviser known for his bearish views of t...
OK, I think I deserve a gold star for the headline of this blog...now on to the content:From AP, it appears that Fannie is thinking credit losses will be WORSE in 2008.  That's a nice reality check (at least they're not spinning it the other direction).Here's the critical part of this...
How much can one say about the problems with bureaucracies?  Read this article (if you haven't already) and you'll see what I mean.  Why is it that the folks WE pay (with our tax dollars) are the ones with the least amount of creativity and hardly a sense of urgency?http://money.cnn.com/2...

Jason Romrell

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