Arroyo Seco Real Estate

Real Estate in N.E. Los Angeles & W. San Gabriel Valley

Archive for September 27th, 2008

Paving With Good Intentions – Sort of . . .

Posted by leowalker on September 27, 2008

This fascinating video ends by advancing a political perspective that you or I may or may not share. However, along the way it makes available facts not generally compiled in one place. It moves pretty quick so be ready to hit the pause button to read the data.

What makes this so interesting to anyone concerned about the the housing and credit situations today is how clearly it illustrates the synergy between the housing bubble and the credit collapse. The additional fact that many of these players are still in the game gives one pause.

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