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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim McMannis who wrote (86457)9/18/2007 11:43:29 AM
From: John Vosilla  Read Replies (1) of 110194
 
'Lies, Lies and more stupid lies.
Clinton, Greenspan, Bush and Clowngress.'

Clinton, Rubin, the Republican lead 'Contract with America were okay from my view. Wish they were all still around. Things would be much better today IMHO..

Greenspan went from being an inflation hawk early on to being a pimp for greed at the end. Resting on productivity gains, keeping real interest rates negative, record wealth disparity and disinflation can only go on for so long before you get whacked on the back side.

He never saw how extreme the mortgage bubble with those toxic subprime ARM's was until 2006 or the extreme speculation in housing going on under his watch plus called a nation to go to ARM's at the exact wrong time to protect his banker friends on the back side. For this he should crawl into a hole in shame and never come back out..
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