Housing Bubble
What We Do Not Want to Hear Anymore
by Victor Davis Hanson PJ Media NO MAS, MR. PRESIDENT The State of the Union could have been written [1] by a computer program. All the now familiar Obama furniture was in the room: the mock outrage at “them,” the psychodramatic first-person boasting (as in, “I will oppose..,” “I will not work with…,” “I will decline…,” “I …
Bubbles, Bubbles Everywhere
by Victor Davis Hanson Tribune Media Services The 2008 financial crash originated with a housing bubble. Not long ago, the cheap-money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to millions of Americans lots …