Thursday, July 19, 2007

Your Next "Landlord" Will Speak Chinese
Meet your future landlord: Thanks to the Federal Reserve and our own profligacy, Washington is looking to China to bail out the distressed mortgage industry.

It takes a mind better attuned than mine to the arcane science of high finance to understand why the Dow briefly crested 14,000 today (July 17). The mystery deepens considerably when items such as this are taken into account:


No comments: