In which I totally say "I told you so"

[substitute]

kniwt was kind enough to point out that I was right in March 2007, and others have been kind to point out that I was right in July 2003 about the oncoming subprime mortgage tsunami.

I'd love to call myself a prophet, but most of us in Newport saw that one coming. Too bad the financial journalists didn't get to reporting on it until it was too late. Wonder why that happened?