In a world full of stupid things, the only thing you can do is roll up the bottom of your pants
Monday, October 24, 2011
Kick the Can
I really don't have the fuel for this, so I'll keep it short. The lastest plan to prop up the housing market help get obama reelected just toss another couple hundred million freshly printed dollars on the fire.
As I have said over and over, anything that prevents real price discovery just ups the cost and pushes out the point at which we'll see real recovery.