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

To: Jim McMannis who wrote (118718)	4/26/2008 1:23:01 PM
From: John Chen	Read Replies (1) \| Respond to of 306849

"Sorry, maestro, you do deserve some blame -- but not for the reasons people think". There is truth he can't reveal. Picture this: You're in the office of the WAR-President. He started the meeting with a prayer to the same God. His prayer answerd. He showed you the difficulty of the soldiers, needing support. You print, print, print money. I have sympathy with him in this regard. Yet, the results is ugly: Privatized profit, soicalized(nationalized) lost. Help the republican, vote/get them out, so they are free from "the force".

To: Jim McMannis who wrote (118718)	4/27/2008 9:44:04 AM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 306849

WTF? That article is nonsense: "Those who blame Greenspan for the housing crunch usually say he kept interest rates too low for too long, thereby encouraging market speculation with cheap borrowed money. Indeed, he kept rates at a record-low 1% from June 25, 2003, to June 30, 2004. The problem with this argument -- and Greenspan's defense of himself -- is it has things exactly backward. The trouble came not from being too loose with credit, but too tight."