04 February 2013

David and Goliath

Stockman gets it!!! He's been going up against the Lunatic Right Goliath since his apostasy coming out party, back in 2010 (or thereabouts).

Always remember: housing generates no fiduciary return. Yes, if you're in the psychic income crowd there'll be some of that, but you can't use psychic dollars to pay the mortgage. It matters not how much emotional money your new McMansion provides, you need increasing income to pay for more house. We still have massive unemployment and declining median income. There's fiddling going on, again.

No comments: