Planet Dumbassnotion

The City of Riverside, California today announced a new plan, in light of the high volume of foreclosed homes, that it was going to start buying foreclosed home, fix them up, and resell them to ‘the needy’.  Isn’t that nice?  The city government in that lovely southern California town is going to do something to ‘make a difference’.  Using tax payers dollars, they are going to enter the house-flipping industry in the midst of possibly the most disastrous housing market on record.

Uh…say what??

Okay.  Here again I find myself having awakened on the parallel-universe planet of Dumbassnotion – a delightful world where reason and logic are turned upside-down and everything you know is completely wrong.  (more…)