Yes, the whole mortgage-backed securities thing ended up not working out. But what if we buy up all the foreclosed homes and package them together as securities instead. No need to thank me, this idea is free of charge.
But seriously, investors buying up hundreds or thousands of Detroit homes in one fell swoop? [...]

As the economy crumbles around us (along with everything else those in power have managed to screw up in the past eight years) I’ve been watching major news media over and over and over (tough to do when you don’t own a television), as much as I can get, any channel, any format, any medium.  [...]