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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (295988)12/6/2010 3:42:04 PM
From: John McCarthyRead Replies (1) of 306849
 
>>>>
A million busboys and lawn service lackeys lining up for half-million dollar liar loans at the Countrywide office?

BCA, Citi, and all the other big banks pawning off bundles upon bundles of these worthless obligations to insurance companies, pension funds, foolish endowment fund managers and any other reckless entity desperate for yield?

A hyperbolic consumer economy pyramid resting on a base of empty promises to repay?

Sorry.

There's no way the USA can ever "recover" to that lush breeding ground of swindling, fraud, and childish irresponsibility ...
>>>>

this writing takes my breath away .... its brilliant.
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