Tin Shop Tartan - Randolph County Alabama's Own Snarky and Surly Scot Gets All Native

Blogging from the suburbs of the Tin Shop community, Captain Plaid brings Progressivism, and a share of Quixotic angst, to the ridges and hollows of Randolph County, Alabama. Hardly a booster yet rooted here enough to fight, Plaidsters can perhaps find like cause in trying to build local solutions to global concerns. Education, environment, economy, entertainment, engagement ... Trust the Tartan!

Friday, August 04, 2006

Local Consequences of the Deregulated Home Mortgage Market Could be Severe

Not to terrify the local lenders and realtors and ... but this TPMcafe post by Elizabeth Warren might ring true for our area, especially given how Lake Wedowee is such a significant part of our economy. Her "Warren Reports" effort is a regular read but this post helped me think in some new ways. Ms. Warren wrote of several complicated concepts that now make sense to me, at least as much as I can handle in the "sense" area. We "state school" boys need a little help at times with the heavy lifting.

On my old rolltop I've got an old coffee mug with the following quote:
"Man's mind stretched by a new idea never goes back to its original dimension." - Olver Wendell Holmes
To avoid the squeeze that Reagan and Bu$hCo have wrought I think we'll need all the stretching we can get. Peace ... or War!