Hawk you are not the only one… While we all cheer (myself included) for the housing market to go belly up… and then cheer more as hedge funds go under, nobody thinks about the collateral damage… Those who say I can’t wait for a recession are pretty self centered because in reality everyone will feel the effects. State and county pensions, teachers pensions, all kinds of collateral damage…yes in the long run it will help the housing market but there is a cost that everyone here on Piggington quietly does not discuss.