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

To: John Vosilla who wrote (73083)	3/5/2007 4:08:31 PM
From: American Spirit	Read Replies (3) \| Respond to of 306849

Kudlow and Kramer were saying "buy, buy. buy!" after the 400 point drop. I saw through them. The old irrational exhuberance from the casino owners. And for political reasons to support supply side (rich people first) Bush economics on Kudlow's part. As I've been saying for years, this Bush economy is debt-driven, reckless and unsustainable. It's good for a few people at the top especially if they are cronies of Bush-Cheney, but unless they hedge against a falling dollar they're really not gaining either. It's amazing that the dollar has fallen 50% against the Euro since Bush took over. That tells us a lot. I'm in the Prudent Bear Fund and staying there. Most of the "bargains" they're talking about are just hype. The bubble has burst. The real estate continuing down and the bills which have to be paid, look out below.