Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim McMannis who wrote (106163)	2/22/2008 11:30:07 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

There was great fear we were going into a depression after 9/11. They panicked and did everything the opposite of what Hoover did in 1930-32. Unfortunately the end result going to be temporary Hoovervilles, hyperinflation and much of the world pissed off at the USA. The world would be a much better place today if we had gone after Osama, Greenspan had not lowered rates so low and DC/Wall Street had not juiced the mortgage market with toxic ARM's and homeownership for anyone with a pulse..