[lbo-talk] definitive evidence on the housing bubble

[Carl Remick]

>From: Michael Pollak <mpollak at panix.com>
>
>For some reason, having 2 grand in the bank and 2 grand on their card makes 
>them feel prudent, but having zero on each makes them feel vulnerable.  The 
>Frontline report gave the impression that this kind of fuzzy thinking about 
>credit is very widespread.

Hey, these are same folk who believe the US can fight terrorism by breeding 
enemies around the world.  We're a nation of eaters, not thinkers.

Carl