by Barry Ritholtz....The Big Picture

We see more evidence that next leg down in Housing has begun, as sales of existing houses fell 2.2% to an annual run rate of 5.66 million sales. These transactions include tax subsidized contracts signed by April 30 and closing by May 31st. Hallucinogenic economists had actually forecast a rise to a 6.12 million rate, according to a Bloomberg survey of 74 stoners.

If low price is all people are REALLY  concerned with.....why don't we auction off our medical needs??  The care is always the same RIGHT???.  Doctors are doctors, they all have to be educated, licensed and certified.  Whether they received their degree's from the University of Grenada....remember Grenada...or Harvard Med...what's the difference??  They're all doctors...RIGHT??  A heart transplant will be identical no matter who performs the surger