A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money.
The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.
When the Boeing 737 MAX had two crashes, the usual suspects called for more regulation. It turns out that the crashes were due more to regulatory failure than anything else.
