Foreclosure Fantasy Folderol

excess

The conservative Republican ideology for this first decade of the new millennium (during which they led the world into two holy wars, bankrupted a nation, and linked radical fundamentalist Christianity to governing) is boiled down to 11 words — “screw you, I got mine, grow up and stop your whining!” — is now spinning dangerously [...]

The Housing Crisis: Why the Roof Fell In

The Housing Crisis

By now everyone with a roof over his head has heard about the subprime mortgage mess. Understanding why so many homeowners are defaulting on their mortgages or what mortgage foreclosures have to do with the collapse of the housing market, however, is another matter. To get a better grasp of the mortgage mess I called [...]