A housing bubble book which explains why things happened, not just what people did. Shows how houses with a mortgage changed from a debt to an ATM machine, creating an investment with high rate of return and zero risk.Shows how this investment attracted investment capital away from wealth creating investments and toward wealth consumption, making the economy much poorer.Shows how this effect, and the lack of recognition of its existence, caused all of the "predatory lending", feckless regulation, and improvident bail outs.Shows that housing bubbles cannot be controlled or regulated, but must be prevented from occurring.Shows that Wall Street and the few investors who made billions when the bubble burst did not have any idea about what was going on, or about why things happened as they did.Shows precisely what it was that caused the most recent housing bubble to end.Traces the history and causes of all three housing bubbles.Explains CDOs, CDSs, and Synthetic CDOs.
This housing bubble book doesn't talk about what happened to people during the Housing Bubble. It explains what a housing bubble is, why they occur, what ended them, that they can't be prevented or controlled by regulation, and how to prevent them in the future. It shows that housing bubbles are always a bad thing for the economy, and why. The book can do all of that when other books and TV programs about the bubble couldn't, because it is based upon the realization that a Homemania occurred in which houses were not bought because they provided shelter and comfort but because they were appreciating in price very rapidly. This caused a cessation of mortgage defaults. This lead to the creation of an investment that paid a very high return with zero apparent risk. The investment produced no wealth, but greatly increased comsumption, thereby impoverishing the economy. Explains mortgage backed securities including CDOs, CDSs, and Synthetic CDOs. Shows who was and wasn't culpable.
A housing bubble book which explains why things happened, not just what people did. Shows how houses with a mortgage changed from a debt to an ATM machine, creating an investment with high rate of return and zero risk. This investment attracted investment capital away from wealth creating investments and toward wealth consumption, making the economy much poorer. Shows how this effect caused all of the "predatory lending," feckless regulation, and improvident bail outs. Housing bubbles cannot be controlled or regulated, but must be prevented from occurring. Wall Street, and the few investors who made billions when the bubble burst did not have any idea about what was going on, or about why things happened as they did. Shows precisely what it was that caused the most recent housing bubble to end. Traces the history and causes of all three housing bubbles. Explains CDOs, CDSs, and Synthetic CDOs.
NEW PRINT WITH PROFESSIONAL TYPE-SET IN CONTRAST TO SCANNED PRINTS OFFERED BY OTHERS Bill Nye's Cordwood This book is a result of an effort made by us towards making a contribution to the preservation and repair of original classic literature. In an attempt to preserve, improve and recreate the original content, we have worked towards: 1. Type-setting & Reformatting: The complete work has been re-designed via professional layout, formatting and type-setting tools to re-create the same edition with rich typography, graphics, high quality images, and table elements, giving our readers the feel of holding a 'fresh and newly' reprinted and/or revised edition, as opposed to other scanned & printed (Optical Character Recognition - OCR) reproductions. 2. Correction of imperfections: As the work was re-created from the scratch, therefore, it was vetted to rectify certain conventional norms with regard to typographical mistakes, hyphenations, punctuations, blurred images, missing content/pages, and/or other related subject matters, upon our consideration. Every attempt was made to rectify the imperfections related to omitted constructs in the original edition via other references. However, a few of such imperfections which could not be rectified due to intentional\unintentional omission of content in the original edition, were inherited and preserved from the original work to maintain the authenticity and construct, relevant to the work. We believe that this work holds historical, cultural and/or intellectual importance in the literary works community, therefore despite the oddities, we accounted the work for print as a part of our continuing effort towards preservation of literary work and our contribution towards the development of the society as a whole, driven by our beliefs. We are grateful to our readers for putting their faith in us and accepting our imperfections with regard to preservation of the historical content. HAPPY READING!
The amusing pieces in "Bill Nye's Sparks" were penned by Edgar Wilson Nye, writing under the pen name Bill Nye. Renowned American humourist and journalist Bill Nye was well-known for his sharp mind and caustic viewpoint on a wide range of topics. Readers can anticipate several amusing observations and commentary on society, daily life, and human behavior in "Bill Nye's Sparks." To keep his audience entertained, Nye uses a unique comedic style that combines wordplay and satire. The pieces offer a light-hearted look at the peculiarities and eccentricities of late 19th-century American culture on a variety of subjects. Although the essays' exact subjects may differ, readers can always count on Nye's distinctive humour and his ability to make the mundane hilarious. The word "Sparks" in the title can imply that Nye's works are humorous or insightful sparks that cause others to laugh and think. All things considered, the book is a charming illustration of American humour from the 19th century and the caustic approach that made Bill Nye famous.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The late nineteenth century, known commonly as the "Gilded Age," produced some of the most beautiful yet controversial architecture in America's history. The great influencers of the period, including Richard Upjohn, Henry Hobson Richardson, and Charles McKim, each spread the gospel of his own architectural style. The result was an eclectic mix of styles that some detested but that others embraced. Caught in the struggle to find an architecture America could claim as its own, Hartford, Connecticut architect William Brocklesby carved out his own stylistic path. In an age when the taste for ostentation and pretension was adopted by many, William Brocklesby produced some of the most dignified and beautiful architecture in the Connecticut Valley. His churches, libraries, and theaters remain as artistic landmarks throughout western New England, and his work at colleges from Hartford to Amherst, Massachusetts make for some of the most picturesque college campuses in America. This book serves as a companion to the author's earlier book, Asher Benjamin, American Architect, Author, Artist. Taken together, the two books provide a view of developments in American architecture from 1790 to 1910. The Architecture of William C. Brocklesby Hailing from Hartford, Connecticut, architect William C. Brocklesby (1847-1910) spent his career designing beautiful yet dignified churches, libraries, and public buildings throughout the Connecticut River Valley and western New England. Working in an age when ostentation was the rule rather than the exception, Brocklesby maintained a restrained hand in the application of ornament. His design ofForbes Library in Northampton, Massachusetts stands out as a monument to his ability as a design architect. In addition, William Brocklesby was among a handful of nineteenth century architects who made the Connecticut River Valley the birthplace of the prototypical American college campus. Working largely within the vision of the famed American landscape architects Andrew Jackson Downing and Frederick Law Olmstead, Brocklesby and others built campuses that were meant to mimic the traditional New England village. “Through the designs of the college buildings by Peabody and Stearns and William Brocklesby, Smith College's architectural history traces the development of late nineteenth-century styles.” - National Register of Historic Places Inventory
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.