Stall The Ball

I was wondering why my stats had gone through the roof over the last few hours.

Now I know why. It was from this article on Microsoft Vista SP1 released on Windows Update

300 visits per minute for the last 2 hours. Gulp!

EDIT: Something amiss here, B2Evolution the app I use for this site is reporting "March 18th, 2008 (34723 views )" but AwStats is reporting a factor of 10 less 3,101 pageviews.

I think a spider might have gone nuts on the page

http://www.independent.ie/opinion/columnists/charlie-weston/counselling-service-for-mortgage-difficulties-1313174.html

It would appear that there are far more people who have become overstreched on their mortgage repayments than the banks and building societies are owning up to.

Banks, it seems, have taken to dealing with these problematic loans quietly. They are encouraging people to reschedule their loans.

I wonder why the banks are keeping quiet about these people who are overstretched?

Britain's White Horse Mortgage Services is now operating for three lenders in the Irish market. Calling itself a mortgage-arrears counselling services, it is called in by banks and building societies to go out to borrowers who have fallen into arrears and find out the full extent of their different debts.

It then goes back to the banks and sets out the income and expenditure of the customer, the level of their debts and the value of the house.

We wouldn't want to shake the confidence of people buying homes now would we.

The more I read about this the more confident I become that the market is artificial, unstable and in danger of imploding.