August 26 2010: In America, housing IS the economy

"America needs open books. It needs to know what a home is "truly" worth, like it needs to know what the government debt is, and the deficit, it needs to know what its children can expect to pay for health care and education in the future, and what they can expect to get from their pension funds. All of this though, the entire picture, is so bleak that nobody you’ll vote for anytime soon will tell you anything anywhere near the truth."