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Category: Florida Foreclosures

Moral Hazards: Rewarding the Stinkers!

Mon Feb 9, 2009 by on Florida Foreclosures

People are constantly asking me how we got into this economic mess, which is a byproduct of so many folks in foreclosure. My answer is simple… but direct … how did we get into Iraq? The answer is who cares? How do we now get out? But there is a striking difference between these two fiascos: The economy and Iraq […]

Foreclosure, the Shoemaker and the Economy

Tue Feb 3, 2009 by on Florida Foreclosures

Yesterday, the Wall Street Journal picked up on the story that I have been talking about at cocktail parties for a year. My shoemaker has never been busier! It’s true. In this economy, while thousands of foreclosures in Florida are filed each week, shoemakers’ phones are ringing off the hook! While it is generally well accepted that men would rather […]