Our Economy’s Boiler Room

" America is facing deteriorating economic conditions, and much of it has to do with dishonesty—homebuyers inflating income statements, realtors pushing sales, lenders abrogating lending standards, credit ratings agencies knowingly overvaluing risky subprime mortgages, and banks marketing overvalued subprime mortgages as safe investments to unsuspecting investors. America’s boiler room is running on the fumes of fraud and greed, and you can’t run on fumes for long."