Yep, Smith has got questionable judgement: (1) booster for buying when prices are just starting to move down and (2) letting his daughter move to a kibbutz to engage in communal living in Israel (see yesterday’s Union-Buffoon).
I’m a big fan of Israel (and am an active churchgoer), but living in common isn’t a good way way to start off your life, unless you’re in a religious order or the military.
I’m looking forward to the big downturn in property and income tax revenues; our local, state, and federal governments spend money on stupid things, and we need a big contraction to get them to return their focus to the essentials.