Uh-oh! The New Normal is beginning to look like the Good Old Days. From the WSJ: Foreclosures and depressed prices are still hammering the Phoenix housing market. Yet home builder PulteGroup Inc. this month had to fight off six other bidders to win land in the suburb of Gilbert. In Arizona and across the U.S., home […]

While various parts of the private economy are vilified, sued and other wise pursued for their part in the meltdown of the American economy, perhaps the biggest sinner of all is attempting to walk away unscathed and maybe pulling it off. I’m talking about the Congress of the United States. Peter Wallison has an interesting […]