If "do overs" were allowed.....................

...  wouldn't it be fun to go back to 2003 and re-set the policies,
the procedures, and the psychology that led us into the housing
bubble?  If, in 1999, one were to have extended the trend line of
the 1995-1999 residental real estate values forward for a dozen
years, it would have predicted that housing values in 2011 would
be just about where they are today.  Surprise.

Thanks Bill