"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Uncle Sam Wants a Crash
"""Plenty of houses would revert to bank ownership which means the preceding years of mortgage payments were free money to the lender. The new bankruptcy law means no one can escape the difference between lowered house values and their original loans."" A really contrarian view from James M. Dakin."
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