Barack Obama is full of sound and fury signifying nothing.
Tuesday, March 24, 2009
Stop Pouring Money Down the Drain
Look at this chart. All this money down the drain in a vain effort to stem the tide of mortgage failures. As I have said so often on this blog, you can only hold the tides back for so long. Eventually nature runs its course and frequently, its a far more angry course when we have meddled with its processes.