The Anchoress posts another economic theory (Obameconomics = Carter 2.0). David Warren via Real Clear Politics also looks at this theory.
She also posts a video of Reagan & Obama "in their own words."
Reason.com looks deeper into the numbers and finds that only 4 of the 50 states are causing the housing mess - California (surprise surprise... as a 14+ year resident of this state, I've known and followed this trend for years), Florida, Arizona and Nevada.
These four states alone combine for 55% of all U.S. housing foreclosures, and 87% of all housing value declines. California alone accounts for 66% of all housing value declines nationwide. The Golden State also accounts for 34% of all foreclosures, even though the state accounts for only 10% of the nation's homes.
Meanwhile, is Peter Schiff running for congress? Looks like he's being recruited. Not sure if he'll bite.
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