[gotribe]

JPM is giving away 1000 homes to wounded vets. Let the private sector figure it out. I’d bulldoze the excess capacity and be done with it. Let Badbernanke take the write down on his junk loans.

[Cheap_Hessian]

How does bulldozing houses create wealth? Sure, resources, investments, and time were misallocated, but that doesn't make artificially restricting supply an appealing proposition. That is a great depression solution. Let the lower house prices signal to the market to stop building houses.