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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ggersh who wrote (265590)8/1/2010 6:37:31 PM
From: TommasoRead Replies (2) of 306849
 
>>>>"Cheering the comeback of the stock market, Greenspan tells NBC's "Meet the Press" that a rising stock market will do more to stimulate the economy than any of the remedies now being discussed.."<<<<

So now we see what he was up to. After his temporary caution over "irrational exuberance" he saw there was no popularity to be gained by taking away the punch bowl, so he got out the Everclear, poured it in, and spent some years playing the genial host to utter financial inebriation. Then he added some strong Bloody Marys to try to cure the hangover. The along came Bernanke and passed out cocaine.
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