Sunday, December 21, 2008

The "No Shit, Sherlock" Headline of the Week

Bush drive for home ownership fueled housing bubble


No fucking shit, geniuses. I think that most people who have been paying attention to the popping of the housing bubble and the banking crisis figured this out three months ago, if not before then.

Besides a good chunk of the front page (above the fold), this bit of history took up at least two full pages in the Sunday NY Times. I'm surprised they didn't also run a story about the Battle of Hastings while they were at it.

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