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The Problem It's a classic speculative bubble, this time with home prices. Jim Manzi has a superb explanation of the situation: ...As is typical in a bubble, its later stages were characterized by reckless investment, excess debt and shady-tending-to-illegal business practices. As cheap credit pushed up the market price of houses, homeowners began to incur...

This Week with George Stephanopoulos featured a roundtable none-too-kind to John McCain. Read ABC Panel Tears Into McCain. Money quote from George Will: John McCain showed his personality this week and made some of us fearful.

Tom the Dancing Bug, on the job.

I think she's pathological. Who would lie about this? Good news, though. Her polling is in a free fall. Kos notes the reasons why: She is a liar with theocratic tendencies, sports an intellect that makes Bush look like a Mensa member, and features an obvious fondness for Cheney-style abuses of power. And that's not even the worst of it.

Will the only GOP candidate this election cycle who I could've voted for endorse John McCain? Not so much.

Palin, the energy expert, starts us off. Then Ruth Marcus of The Washington Post gives us "True Whoppers." Not that it matters much at this point, but if, like me, your primary argument against Hillary Clinton was her lack of truthfulness, I'd have to say that if this were a Clinton v. McCain battle, I would at this point be calling Clinton the more honest...

In a nutshell, the Catholic Church is OK with evolution and against biblical literalism.

McCain a liar? Let us count the ways. US News and World Report: John McCain's Journey from Maverick to Liar Palin and the teleprompter. Why lie? Why not?

If her time on the Wasilla City Council is any guide, she's the next Dick Cheney. The New York Times investigates in "Once Elected, Palin Hired Friends and Lashed Foes."