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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (26652)2/17/2005 1:14:08 PM
From: Amy J  Respond to of 110194
 
Ron Paul is the only one that asks the tough questions. Doesn't matter what political party you are, whether Dem or Rep, Ron Paul simply is the only one with the guts to tackle the hard questions. If CNBC cuts Ron Paul off, then CNBC doesn't have a pulse on things.



To: russwinter who wrote (26652)2/17/2005 5:59:45 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
He did admit, that "some localized property markets" exhibit Bubble characteristics. Of course he failed to mentioned that one of these particular "localized" market, California, is the fifth largest economy in the world, which in turn spread a pandemic of more "localized" Bubbles throughout the West and Hawaii.

Also add in the urban metro areas of the northeast, Chicago and Florida to the west coast, Arizona and Nevada you are looking at perhaps half the population and over three fourths of the total residential housing value. Greenspan and other pimps will say there is no national housing bubble and technically cover themselves. Kind of like when Clinton said I didn't have......with that woman.