Society's Child
America's home ownership rate, after holding steady for a while, took a pretty big plunge in Q4, from 66.9 percent to 66.5 percent. That's down from the 2004 peak of 69.2 percent and the lowest level since 1998.
Homeownership is falling at an alarming pace, despite the fact that home prices have fallen, affordability is much improved and inventories of new and existing homes are still running quite high.
Bargains abound, but few are interested or eligible to take advantage.

This 2001 file photo shows Anthony Jones as a defensive-back for El Dorado High School.
Anthony Jones, 28, died at UAMS medical center Sunday, but the promoter of an event dubbed "Benton Beatdown," at Fitness Unlimited in Benton. He said he wasn't sure of a cause of death.
"It was just an untimely and unfortunate accident for him," said Larry Harris, whose-Sheridan based Thunderstruck Fight Promotions had put together the seven bout event that drew close to 500 spectators. "The hospital doesn't believe it had anything to do with the fight."
There is no money at the banks. Fuel is scarce. Tourism is evaporating.
As a popular uprising to oust President Hosni Mubark enters its second week, Egyptians are feeling the economic pinch.
Banks have been shut since Sunday, and they remained so on Tuesday, the day that protesters hope will see a million-strong demonstration in Cairo to demand an end to Mubarak's regime.
Many automatic teller machines (ATM) in the teeming capital have run out of cash, and those still working were dispensing only a limited number of banknotes.
"I scoured the city in search of an automatic teller and I found only one place -- in a neighbourhood where people do not normally use ATMs," said Mohamed, a driver.
In Cairo, supermarkets that usually accepted credit cards insisted on cash instead, while crowds flocked to grocery stores in several neighbourhoods to stock up on essentials.
Many gas stations were closed, with long lines at those that were still open. The Chamber of Commerce in Cairo appealed to shopkeepers on Monday to reopen, but most ignored the call.

Senior U.S. District Judge Roger Vinson, seen here in 2007, declared the Obama administration’s health care overhaul unconstitutional Monday, siding with 26 states that sued to block it, saying that people can’t be required to buy health insurance.
"I note that in 2008, then-Senator Obama supported a health care reform proposal that did not include an individual mandate because he was at that time strongly opposed to the idea, stating that, 'If a mandate was the solution, we can try that to solve homelessness by mandating everybody to buy a house,'" Judge Vinson wrote in a footnote toward the end of his 78-page ruling Monday.
Judge Vinson, a federal judge in the northern district of Florida, struck down the entire health care law as unconstitutional on Monday, though he is allowing the Obama administration to continue to implement and enforce it while the government appeals his ruling.

Julian Assange: Well-educated but described as 'dishevelled, like a bag lady walking in off the street'
* Amnesty International said naming Afghans risked 'deadly ramifications'
* Assange so scared of the CIA he disguised himself as a woman
Julian Assange said U.S. informants named in secret cables 'deserved' to be killed and initially refused to redact their names, a new book has revealed.
WikiLeaks published thousands of names of Afghans in 77,000 classified war files put on the whistle-blowing website, attracting criticism from international charities and governments.
In later releases of secret U.S. embassy cables in November around 15 per cent of files were withheld to protect lives and every file was checked before release.
Oneonta police tell the Daily Star of Oneonta that 27-year-old Korey Rowe and a 19-year-old Bronx man were arrested after selling packets of heroin to an undercover officer.
Rowe was arraigned last Friday on a felony count of criminal sale of a controlled substance.
Authorities say the Oneonta resident was released from Otsego County Jail after posting $10,000 cash bail.
It couldn't be determined if he had a lawyer. Rowe's phone number was unlisted.
An Army veteran of Iraq and Afghanistan, Rowe was a producer of Loose Change, a 2006 film that challenged the official explanation of the attacks on Sept. 11, 2001.
It is not just that ordinary Chinese censor themselves (which they do, conscious of where the red lines are) but more than that, they also often actively support the government's view that some censorship is necessary to maintain stability.
It is possible to justify the need for censoring reports of kindergarten knife attacks (to avoid copycats) or even reports on Charter 08 and the Tiananmen Square killings which touch on the touchiest subject of all - one party rule. However, coverage of an international news event, such as the protests currently unfolding in Egypt, fits into a slightly different category.

Rafah, Gaza's southern border with Egypt has been closed by Hamas.
Hamas officials today closed Gaza's southern border as Israel warned that the turmoil in Egypt could result in increased smuggling of weapons into the volatile territory.
The closure of the Rafah border crossing was expected to last for several days at least, said Ghazi Hamad, the Hamas official in charge of the Gaza side of the terminal.
A Hamas delegation which was due to travel through Egypt to Syria to discuss the fate of captured Israeli soldier Gilad Shalit postponed its trip.
Israel army radio said the military were preparing for an increase in arms smuggling to Gaza.
Wading through demonstrators shouting, "we want honor for Egypt," ElBaradei, who is positioning himself as President Hosni Mubarak's leading opposition figure, eventually made it to a podium after being carried by supporters, and he joined them in singing Egypt's national anthem.
"I came today to participate ... in the lives of Egyptians," he told cheering protesters. "Today I look into the eyes of each one of you and everyone is different. Today you are an Egyptian demanding your rights and freedom, and what we started can never be pushed back. As we said, we have one main demand: the end of the regime and to start a new phase."