It's the Economy Stupid Wednesday

I love FSA photography, and thought I would stop borrowing from flickr for at least this week. By using this or any other FSA photos, I am not trying to hint or insinuate that we are headed for a depression. Just love them and they are free use.

Not much for analysis this week, so it is a heavily A/V week.

The housing market is still a mess. To borrow my friend's baseball metaphor, we are in the late innings of the game, but what people don't understand is that we are playing a double header.

To wit, Tom Toles came through this week with his own visual metaphor of the housing market:







Some unfun housing starts charts (via The Big Picture)

Barry on the bottom of the housing market. (run time: 5:43) Shorter: Wake up, we are not near the bottom and credit is tight.


The WaPo had a good piece yesterday on Fannie Mae's pursuit of subprime loans. It's worth a serious read.

Wholesale prices keep creeping up.

And finally, at least we aren't Zimbabwe. The winner of Lewis Black's Evil Dictator Awards!



_John

image: "Sign on old bank building which now houses office of Bureau of Reclamation. Nyssa, Malheur County, Oregon." by Dorthea Lange, c. 1939 Oct., from the America from the Great Depression to World War II: Black-and-White Photographs from the FSA-OWI, 1935-1945.