On more than one occasion I have received one of those “chain” emails from some well-meaning acquaintance, urging me to sign a petition stopping Congress from providing Social Security benefits to “illegal aliens”.  Usually, when I’m emailed about an issue that seems unlikely on the surface, my first reaction is to check out one of the … [Read more…]

The Mortgage Crisis

Note:  This musing was written well before the Lehman/AIG/, etc crisis hit the fan.  I guess most of my insights are considered pretty obvious at this point, following the aftermath of the near collapse of the market and subsequent sinking of the McCain electoral ship.  Nevertheless, I leave the original thoughts here for history’s sake! I … [Read more…]