1

Meh.  McArdle is half-smart when it comes to this stuff. I stopped reading her a long time ago because she always just asks a lot of rhetorical questions without any real analysis.  Reading her today, I see that nothing has changed.

Anyone not asking the question of what happens when the Alt-A resets come down the pipe in a year or two shouldn't be writing on this subject at all. 

2 Perhaps more proof that I'm not an economist.  At any rate, is there anyone anywhere that actually knows what is happening with these 'bail outs?' 

It seems that even the people voting on them have no idea.

3 I do work in the finance industry,  and I avoid saying anything (unlike most topics) because I know just enough to know I don't know what the hell to do. I generally frown on government intervention, but I fear the alternative solution (to a government caused problem, BTW) would be disastrous. 

4

The housing bubble blog is a good place for general info.  The problem is you have to  read the comments, but a lot of the commenters there are also half-smart and a lot are also socialists.  It can be hard to sort out the wheat from the chaff.

I'd like to think I know what I'm talking about, but as I always say, this stuff is so incredibly complicated, I'd need my own blog to do it any justice (as commenting should be reasonably short). I posted a few screeds in a thread yesterday and one today (with the added bonus of me getting into a pissing contest with JackStraw) over at Moron Central, if you care to see some of what I think.  Ace doesn't post too many econo threads, so they shouldn't  be hard to find.

Anyway, that's gonna have to bit it from me for a bit as I promised the kiddies they could play Spore on my system.

 

5 I'm one of the people that's been reading Megan since her original blogging days at "Live at the WTC!" That's seven years, I've been following her.

Three weeks ago she repeated the Trig Trutherism smear which she no doubt read on her fellow Atlantic writer Sully's blog. And that's when I called it quits.

6

You're still young Gabriel .. you'll get to the point where you can more quickly evaluate someone's worth 

Heh,  hope you know I'm kidding ... you get a lot of shit at Moron Central, but you're obviously a very smart guy ... just accept the fact that you can keep learning, and you're in great shape.

Hell, I even learned something today in an Ace econ thread ... which seems pretty hard to believe to me ... jdub put me some knowledge on tungsten.  Eccentric, and probably  useless, but you never  know.