Jason's Blog

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 hope in fo...

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 the housing mar...

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 story:  "Fa...

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/2007/12/0...