CHESSNOID

Whenever we hear about the S&P Case-Shiller Index, we think about housing price forecasts. Many people look at this index as a reliable source of data. That’s why I think it is interesting to hear the actual person (Robert Shiller) behind this index talk about what he sees in the economy.

Yahoo AP:
A sharp drop [...]

Here is another good article from the Wall Street Journal.  I think they are taking a more populist approach on foreclosures.  You hear financial experts or bailed out bank-sters preaching about moral obligations, duties, and setting the example, but those righteous people always seem to have a vested interest in helping themselves or their constituents. [...]

Why are economists consistently wrong?  They make predictions based on all their academic training and still most of their forecasts miss.  72 out of 72 economists predictions were all wrong in the article below.  Are they all just financial weatherman and hoping to be right some of the times? Some of the things we see [...]

I have been critical of our government because they have done a poor job running our country. I hope we vote all the incumbents out who voted for the 2 wars, the stimulus packages and bailouts. They keep telling us if it wasn’t for them things would be worse. The truth is [...]