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


To: zamboz who wrote (92646)3/24/2008 10:35:13 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
We had a period of fiscal discipline there for a while that has been thrown out the window the past 40 years. I'm surprised so few today with various 'agendas' blame Clinton for the housing/mortgage/dollar mess of today. Jeez it was the balanced budget, strong dollar, low interest rates, booming real economy with record productivity, low inflation, $250/500k homestead exclusion that ushered in this recent era of GWB and company. Perhaps they are just too dumb to have even thought of this tie in just yet<g>