There are those who say that the housing market is just one segment of our overall economy and bad loans are just a fraction of the housing market, so there is nothing to worry about. This viewpoint is wrong, because the housing market is not sealed off from the rest of the economy. On the contrary, clever Wall Street financiers have managed to convert a serious housing bust into a potentially cataclysmic financial crisis.

How many awards can Al Gore win from his worldwide coterie of sycophants?

The U.S. housing market is hurting, as you undoubtedly know. Home foreclosures are the highest since record-keeping began 35 years ago, as 1.69 percent of all outstanding mortgage loans have entered the foreclosure process. As of October, the median price of an American house fell more than $20,000 in 2007.

I was on a TV show recently and the host asked me what I thought could be done to bring the Democratic leaders of Illinois back from "the brink of the abyss."

Too late, I said. We're already in the abyss, and we've been there for a while.

I asked a cow once what she thought of Ron Paul. She told me to moo-ve. I was surprised by the rude response. Looking down, however, I quickly realized that I was probably standing on her lunch. So, I moved off the patch of green grass. Then, I again asked Betsy what she thought of presidential candidate Ron Paul. Looking at me with those big brown eyes, her tail twitching, Betsy answered: "Ask the people in the house. I don't vote." 

Okay, that was a fair answer.  

People like those in the house do have an opinion about Ron Paul. Besides being generational family farmers, they are nearly fanatical about supporting Ron Paul for president. When asked why, speaking in unison, they say Paul has been attempting to protect the small farmers' rights in Congress. But protecting them from whom? 

Ron Paul Ron Paul, the 10-term Republican congressman from Texas, is running for president, and his candidacy warrants much more exposure than the mainstream media has afforded the voting public. Dr. Paul, an OB/GYN and former Air Force flight surgeon, has a sterling conservative, limited-government voting record over 20 years. The Wall Street Journal wrote last week, "As the GOP front-runners address crowds of dispirited primary voters, Mr. Paul has been tearing across the country, leaving a trail of passionate devotees in his wake."

(Special investigative report by Grünhaus Gaz, environmental correspondent.)

 

On December 4, 10,000 worldcrats and their coteries jetted into the Indonesian resort island of Bali to attend yet another in a long line of climate-change conferences.

Charles N. DavisIf your holiday shopping this season finds you in a bookstore, ask for the section on presidential history and take a peek. I'll hazard a guess you'll find literally hundreds of works of presidential history, from the scholarly tomes with hundreds of footnotes to the downright silly works on presidential pets.

Now, take a moment and imagine it's 2033, and you're looking for a nice downloadable e-book history of the Clinton or Bush presidency.

It could have been worse, I guess.

Reader issue #663 Does it matter which presidential candidates win the Iowa caucuses on January 3?

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