Monday, February 23, 2009

A Lesson In Complexity

Tired of depressing news, now that the Democrats control the Gummint?

Here's some enjoyable reading from Planet Moron. I'll give you a tease:

If there’s one thing we know about our current home mortgage and banking crisis, it is that it’s complex...

Don’t believe it's complex? Take a look at this detailed summary we prepared, the result of weeks of painstaking research and study:

People borrowed too much money to purchase homes they couldn’t afford.
Lots of good Q&A at the link, too!

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