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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (67176)8/4/2007 11:08:22 PM
From: 10K a day  Respond to of 116555
 
>Greenspan comment to urge new homeowners to get ARMs sure would support your thinking here. What could he have possible been thinking?<

He was Smoking Crack.



To: Steve Lokness who wrote (67176)8/4/2007 11:09:19 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
your not serious with your question I hope: his motives seem quite clear



To: Steve Lokness who wrote (67176)8/4/2007 11:36:11 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
What could he have possible been thinking?

That he needed to bailout banks, fannie mae, and other lending institutions at the expense of the general public

Mish



To: Steve Lokness who wrote (67176)8/11/2007 2:48:09 PM
From: Snowshoe  Respond to of 116555
 
>>What could he have possible been thinking?<<

I'm seriously wondering if he was in the early stages of cognitive impairment. I've been through that with a relative, and it was a very unhappy experience.


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