A good read....

http://www.deanbaker.net/images/stor...Liberalism.pdf

and another from 2005 that warned of the housing bubble and it's consequences

http://www.cepr.net/documents/public...le_2005_11.pdf

Authors:
Dean Baker and David Rosnick
Will a Bursting Bubble Trouble Bernanke?
The Evidence for a Housing Bubble
Center for Economic and Policy Research
1611 Connecticut Avenue, NW
Suite 400
Washington, D.C. 20009
Tel: 202-293-5380
Fax: 202-588-1356
www.cepr.net
November 2005