My New BFF

My good friend and the most polarizing blogger, Merrit Patterson over at Overheard, sent me this link from Lance Puig and his York Street Blog. The money shot?

"...if you were to remove the three most speculative markets from the mix (California, Florida and New York), you would see that the rest of the country for the most part is not doing all that bad."

So there you have it. I. Told. You. So.