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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: John Vosilla who wrote (29575)7/19/2011 8:51:34 PM
From: tejek  Read Replies (1) of 119362
 
'Bernanke has been abandoned by his own cohort which has turned into an incoherent mob. Much like Greenspan he will go down in infamy.'

I wonder if Greenspan would have done anything different during this crisis the past 3-4 years? Also if Bernanke would have done anything different in the 'housing on steroids' years if he ran things?

I hope not. I think bubbles form despite what the feds do. We have bubbles since the 16 century before there was a fed. It used to be a tulip bulb could buy you a very nice house. It seems greed and stupidity are second nature to humanity. ;-)
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