economy

with all the subprime and assorted other economic messes going on, I have to wonder if the ludicrous housing prices across the country will start to plummet soon.  if that does happen, I wonder what other kinds of disasters we'll face when people realize they're locked into a loan for a house previously worth $750,000 and now barely over $200k.  It's my understanding that that's the price range for houses in California that would be an average middle-class dwelling in my neck of the woods, and basically it has the same buyer target over there.  Can any middle-class person really afford to lose $500k?

Idiotic word of the day

"Coopetition", assumed to be a blend of "cooperation" and "competition" which are diametrically opposed to each other.

Used to describe the Microsoft rivalry with Sony

will it make word of the year for 2008? I, for one, sure hope not.