The Tub Helps Me Relax, And It's

Regulation Of Derivatives Transactions That Are Privately Negotiated By Professionals Is Unnecessary.

The Only Sustainable Way To Increase Demand For Vacant Houses Is To Spur The Formation Of New Households. Admitting More Skilled Immigrants, Who Tend To Earn Enough To Buy Homes, Would Accomplish That While Paying Other Dividends To The U.s. Economy.

The Very Nature Of Finance Is That It Cannot Be Profitable Unless It Is Significantly Leveraged... And As Long As There Is Debt, There Can Be Failure And Contagion.

A Decline In The National Housing Price Level Would Need To Be Substantial To Trigger A Significant Rise In Foreclosures, Because The Vast Majority Of Homeowners Have Built Up Substantial Equity In Their Homes Despite Large Mortgage-market Financed Withdrawals Of Home Equity In Recent Years.

Significantly Opening Up Immigration To Skilled Workers Solves Two Problems. The Companies Could Hire The Educated Workers They Need. And Those Workers Would Compete With High-income People, Driving More Income Equality.