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    « RONALD REAGAN ENJOYS A BIG MAC: INDIVIDUAL RESPONSIBILITY vs. STATE INTERVENTION | Main | OBAMA ECONOMY ONE WORD GOLD, THERE IS A GREAT FUTURE IN GOLD »

    February 19, 2009

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    WillG

    Awesome title and picture!

    Rick Santelli said it best today, "This is America!" and then his rant was joined by the traders on the floor of the Chicago Merc. These mortgage holders should either work out a deal with there bank or move into an apartment. I feel for them on a personal level, but the market for homes needs correction.

    I read a great article about it called "A Moral Hazard," found at http://economicefficiency.blogspot.com/2009/02/blog-post.html

    Sandy

    I love your blog, THIS IS GREAT.

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