Alice in Housing Land
George Will’s insight again shines a light on our societal need to be victims. Economic analysis has turned into a race to designate victimhood. The worst aspect of this economic hypochondria, and need to describe every mortgage broker as Mr. Peabody from Its a Wonderful Life, is it makes it that much harder to separate those that were simply riding the bubble from the true economic hit men who were crafting nefarious schemes.