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


To: John Koligman who wrote (120182)5/2/2008 10:27:52 AM
From: Giordano BrunoRead Replies (2) | Respond to of 306849
 
Let's see, a decade ago, with the dollar around 1.20, inflation was quite low, now with a 73 cent dollar inflation is higher.
Yeah, the inflation adjusted future DOW should really zoom.



To: John Koligman who wrote (120182)5/2/2008 10:39:19 AM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
re: Iran

That is a big unknown that I have been thinking about a lot lately. FWIW, here are my observations:

1. It is an election year
2. The economy stinks
3. People are mad at the current administration. Bush has the lowest approval rating of any president ever.
4. Things are getting worse

My conclusion is that the administration will do anything to deflect people's attention away from the economy. Yesterday's news announcement about the military getting approval for a plan to attack Iran is very important. This administration attacked Iraq by fabricating lies about WMD.

IMHO the current administration is clearly planning on fabricating some incident or plot and attacking Iran this year, before the elections. In their minds they have nothing to lose and the patriots will "rally around the flag". It appears they are setting up an "imminent nuclear threat" plot to do this, based on Condoleezza Rice's comments yesterday.

I REALLY hope I am wrong.