quote: A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury.
quote: The thing with the sub prime market is just that the sub prime market. They didn't have any money to spend any way that is why they were sub prime to begin with. All those defaulted properties still have value so the lenders aren't out much except the loss in property value from trying to move so much property at once.
quote: The housing market may not being doing so hot at the moment but the economy as a whole is not rotten. DailyTech even posted an article just last week about IT salaries being the highest they have been in years.
quote: the world is not as dependent on us as they used to be because we don't really manufacture anything.
quote: I also recommend Friedman. He makes the brains of socialist big-government people explode.