“I don't think there's much the Fed can do to get banks to start lending again. That's a structural problem, the model is broken,” Whitney told “Worldwide Exchange” this morning from Europe.
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We're not doing as well in Canada as we think
http://americacanada.blogspot.com/2010/03/country-of-fiscal-prudence.html
CMHC et al
http://americacanada.blogspot.com/2009/07/cmhc-and-our-government.html
It suppose to happen a year before but now it's been catch by every media person officially.