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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (17787)	2/24/2004 7:12:38 PM
From: MSI	Respond to of 306849

Now joining the camp of people who think he's gone nuts. I was stunned by Greenspan's constant self-reference, "I think... ", and interruption of the Senators. It must be tough to maintain humility when treated as a Delphic oracle for 20 years. Like Junior Bush's decision to modify the Constitution to enforce his handlers' cultural views, hubris becomes a parody. Why would Greenspan suggest Americans refi yet again? For the same reason he suggested "irrational exhuberance" in the stock market. And just as credible.