"Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)
Elliott and the friends with whom he recorded in middle school in Texas (photo courtesy of Dan Pickering)
Looks like the practitioners of the dismal science need to punch up their gloomy meters.
The median price of a new home also fell, year-on-year, by 7.5 percent, from $243,900 to $225,700.
Just for fun: in 2005, the all time record for new home sales was 1.3 million. As of right now, the projection for 2007 is 795,000.
There is no sugarcoating these numbers. The Dow Jones industrial average, which had been inching its way back to record highs after the Federal Reserve rode to the rescue last week, immediately plunged. If housing has been a drag on the economy for the last year, it is now a millstone hanging around the neck.
Heatmiser publicity shot (L-R: Tony Lash, Brandt Peterson, Neil Gust, Elliott Smith) (photo courtesy of JJ Gonson photography)
Elliott and JJ Gonson (photo courtesy of JJ Gonson photography)
"Stray" 7-inch, Cavity Search Records (photo courtesy of JJ Gonson photography)
Elliott's Hampshire College ID photo, 1987
Elliott with "Le Domino," the guitar he used on "Roman Candle" (courtesy of JJ Gonson photography)
Full "Roman Candle" record cover (courtesy of JJ Gonson photography)
Elliott goofing off in Portland (courtesy of JJ Gonson photography)
Heatmiser (L-R: Elliott Smith, Neil Gust, Tony Lash, Brandt Peterson)(courtesy of JJ Gonson photography)
The Greenhouse Sleeve -- Cassette sleeve from Murder of Crows release, 1988, with first appearance of Condor Avenue (photo courtesy of Glynnis Fawkes)