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Subprime Mortgage Crisis

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Economist Robert J. Shiller writes in the NYT: I don't doubt that shows on TV about flipping houses played a role. But isn't it striking that after almost a decade: "There is still no consensus on why the last housing boom and bust happened"? It was the biggest news story since 9/11, and yet Dr.... Read More
Super Bowl Rocket Mortgage commercial seemed to be aimed at regulators and politicians as much as borrowers. It was vaguely reminiscent of George W. Bush's speech at the 2002 White House Conference on Increasing Minority Homeownership and Angelo Mozilo's 2003 Harvard address about how Bush's regulators should get the message that old-fashioned standards on down... Read More
Jeb Bush and Donald Trump arguing over whether George W. Bush failed to stop 9/11, it's worth going to the videotape (47:28) of the second Presidential debate of 2000. On 10/11/2000, the Texas governor denounced heightened scrutiny of Arab airline passengers by airport security. Bush said on national TV: Note that when the future President... Read More
For the last seven years, academics have been quietly compiling a mountain of evidence that the Housing Bubble and Bust was, like I've been saying since 2007, intertwined with contemporary America's sacred cow of Diversity. For example, from a 2015 issue of Real Estate Economics: Immigrants and Mortgage Delinquency Zhenguo Lin Department of Finance Mihaylo... Read More
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With the federal government working up a new housing ploy, I figured it's timely to dredge up the 2008 short story I published in The American Conservative:   Unreal Estate Memorial Day Weekend, 2005 “So, this guy joins a monastery where he’s not allowed to talk.” Travis, your brother-in-law, is telling a joke. He’s told... Read More
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Steve Sailer
About Steve Sailer

Steve Sailer is a journalist, movie critic for Taki's Magazine, VDARE.com columnist, and founder of the Human Biodiversity discussion group for top scientists and public intellectuals.


PastClassics
The evidence is clear — but often ignored
The unspoken statistical reality of urban crime over the last quarter century.
The “war hero” candidate buried information about POWs left behind in Vietnam.
The major media overlooked Communist spies and Madoff’s fraud. What are they missing today?
What Was John McCain's True Wartime Record in Vietnam?