(Northwest) home prices continue their decline. I should go through my email fro

http://blogs.wsj.com/economics/2011/10/25/a-look-at-case-shiller-by-metro-area-5/tab/interactive/Seattle/Portland (Northwest) home prices continue their decline.

I should go through my email from 2004-2006 and see how many people said I was out of my mind. Nope. Wasn’t. And Im in the camp that says it won’t get better for a very, very long time. Originally I said 2014, but maybe as long as 2020. How to fix it? How to fix the economy? Do what I recommended in 2007, what Galbraith recommended in 2008, and what a few major economists are just now recommending – buy down mortgages. But it’s too political. Instead, we have to adjust world wide prices and endure unemployment. I’m a libertarian. I don’t like it. But ethically, if the state creates a problem the state can surely fix the problem.