RECENT BLOG POSTS
I mentioned in my last post that Robert Shiller's new book "The Subprime Solution" was very informative. Shiller is convinced that one of the causes of the crisis was that many buyers of the loans did not get any objective financial planning advice. Obviously that is true! Although real estate...
I just finished reading The Subprime Solution by Robert J. Shiller. Dr. Shiller is a Yale economics professor, but is better known for co-inventing the Case-Shiller Housing Index that is quoted every month measuring the decline we are currently experiencing. Shiller's book contains a very readab...
As the national (and international) continues to be bad, it is natural to look around for who is at fault. It also is natural to find SOMEONE ELSE to blame, so that we can feel better about ourselves. However, in this case, we are ALL to blame! Somehow a few years ago, we bought into the assumpti...