Monday, August 20, 2007
Housing Crisis, What Housing Crisis?
Thanks to Michael Ramirez at IBD for both cartoons on the ongoing housing bubble debacle, now underway. I, like IBD and Jim Cramer, believe this crisis can be somewhat mitigated, fairly quickly by the Fed's cutting interest rates soon, sooner and soonest.
Larry Kudlow weighs in with three key points. Cut it, cut it, and cut it.
Meanwhile, Karl Rove, aka Satan with horn-rimmed glasses, thinks the Republicans are in a better place to win elections in 2008 than most people acknowledge. That could be good news, however, I simply don't yet agree with him on this one! But I'm open to having my mind changed.