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Washington Post Death Spiral Watch (Alec Klein and Zachary A. Goldfarb Edition)
Posted on June 16, 2008
Why oh why can't we have a better press corps? Dean Baker thinks that Alec Klein and Zachary Goldfarb of the Washington Post do a predictably lousy job in their A1 story about the housing bubble. Me? I barfed at the opening of the story: The black-tie party at Washington's swank Mayflower Hotel seemed a fitting celebration of the biggest American housing boom since the 1950s: filet mignon and lobster, a champagne room and hundreds of mortgage brokers, real estate agents and their customers gyrating to a Latin band. On that winter night in 2005, the company hosting the gala honored itself with ...
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