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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Mary Cluney who wrote (34967)5/20/2008 3:40:08 PM
From: Maurice Winn  Read Replies (1) | Respond to of 219959
 
Mary it was an easy job Uncle Al KBE had. He didn't do it right in Y2K when he should have more quickly lowered interested rates, or increasing interest rates again in 2004. He was too slow in both cases. But maybe he swung it that Al Gore wasn't elected, which was a good thing, by keeping the squeeze on through Y2K.

The pathetic pile-on by ignorant people who belong in the Zombie Zone needs rebuttal. Subject 53236

Observe that that stream was started in August 2002, four years before the housing bubble peaked. Observe too all the mindless Zombies who piled into borrowing and buying houses for years after that at stupider and stupider prices - then they blamed their stupid decisions on Uncle Al KBE.

It's not so much that I think he's a wizard, as I think they are mindless Zombies, like spoiled children who can't take responsibility for themselves. Nobody made them borrow. If they can't do simple arithmetic, they shouldn't borrow money just as they shouldn't go into multistorey building design if they can't do more advanced mathematics. Their financial and physical constructions will fall down if they try.

Blaming the concrete supplier and money suppliers is pathetic and shows they are likely to do more stupid things = such as vote to take somebody else's money or vote to destroy the US$.

Mqurice