You know what they say about declaring unnecessary war: Third time's a charm!

Man, we've been at war so long that I had forgotten how fun it was to fire missiles at people.

I swear, every time I get to thinking that macro-economics are all poised to drive interest rates higher (which FYI they totally are) then some ridiculous, couldn’t-have-possibly-seen-it-coming thing happens to counter the obvious forces of nature at work.

Libya. Wonderful. I haven’t the foggiest idea as to why we suddenly decided to intervene on THIS particular country’s political uprising (definitely not the first case of human rights violations that the US or the UN has come across in recent history), but we did. So, despite the fact that a dozen other adjacent countries are going borderline bedlam, this one deserved about a cool billion in cruise missiles and No-Fly zone patrol. But what’s a billion in already-stressed military dollars between buddies, eh? The Iraq/Afghanistan troops can wear garbage bags over themselves instead of Kevlar vests. I hear it all works the same.

Take a second to really drink in how profoundly awful that last statement was.

And it’s extra sad when you consider that Al-Qaeda openly supports the Libyan rebels.

I literally got on a treadmill the day of the aforementioned be-missiling while CNN’s breaking news said that we’d fired 118 cruise missiles at last count. By the time I got off the treadmill, Fox News had breaking news that we’d fired 124 missiles to date. If I had run a full 10K, they probably would have blown Libya clear off the map. Thank God I am a terrible runner.

But you know what? I said “Okay, Middle Everywhere. Declare freedom and go nuts. At least I GET that.” Back to business as usual, right? Until GREAT GOOGLEY MOOGLEY Japan has gone from zero to Defcon 5 in record time. Earthquake + Tsunami + Radioactive Cataclysm = :-( <— Frowny face.

But seriously, if I had come at you a month ago and said that Mother Nature herself was going to per-sonally wreak unholy retribution on Japan and THAT is why mortgage rates would stay below 5%, you would probably have Baker Acted me for insanity. Unfortunately, I would have been dead-on.

And just for fun, Let’s check if is life slightly more sane within our borders. Is it? Noooooope.

AIG is offering to buy back the mortgage-backed securities it sold to the Federal Reserve during panic times at a profit to the taxpayers in a bold move since the 2008 meltdown. This is funny, because tax-payers already own 92% of AIG (remember that bailout thingy?) So congrats! You’re selling some-thing to yourself at a profit! Party! Let’s all get wasted!

Seriously though, I’m going to release a newsletter focused on housing statistics here shortly (as in the next couple of days) but there was simply too much dumbness happening out there for me not to bathe in it one good time. Thanks for indulging me. You’re good people. Don’t let anyone tell you otherwise.