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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: jpk1 who wrote (105067)2/14/2008 5:28:09 PM
From: Jim McMannisRead Replies (2) of 306849
 
RE:"GW was definitely the champion for a house for everyone."

Sure he was, 3 years into the bubble. He just took credit for it. Went along with it. Made it worse. I seriously doubt he was intelligent enough to orchestrate it from the beginning. Congress and Greenspan did that. And they probably didn't know what was going to happen either.

Taking sides on this is ridiculous. A whole series of greedy people screwed the pooch.

We will all pay. Maybe those in Silicon Valley will pay less. Maybe they will send in all their real estate gains since 2001 after a Dem gets in the white house.
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