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

To: TheStockFairy who wrote (144019)	9/3/2008 7:43:24 AM
From: DebtBomb	Respond to of 306849

Boone pickens said oil won't go down to $100....I agree....we're in peak oil....peak spending.....peak demographics....peak debt = .......... Bernanke has destroyed savings by slashing rates 7 times already, like greenspan. He made it so there's no good place to put cash by bailing out his banker buddies, like greenpsan. I know what I'm doing....buying gold, oil, and shorting banks and consumer goods. Also, we just bought a micro-farm. People think the commodities bull is over....I doubt that. I think we're looking at $200 oil next year. Before long, people are going to figure out....the Fed has bankrupted America. Just my opinion.

To: TheStockFairy who wrote (144019)	9/3/2008 7:57:22 AM
From: DebtBomb	Respond to of 306849

Greenspan: 'We were all wrong' about surpluses in 2001 (He projected a 5.6 trillion dollar surplus by 2011, ha ha ha, they're insane They all rolled the dice on Iraq and lost. They thought Iraq was going to make them rich with oil....and they wouldn't share any with France, LOL.) By William L. Watts Last update: 11:17 a.m. EDT March 15, 2005 WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Alan Greenspan on Tuesday defended his 2001 call for a tax cut, arguing that "we were all wrong" at the time about the durability of projected budget surpluses. Responding to a question by Sen. Hillary Clinton, D-N.Y., before the Senate Special Committee on Aging, Greenspan said he had suggested at the time that the tax relief should be tied to a trigger that would rescind the cut if budget projections didn't pan out. Greenspan said the erosion of congressional budget controls that require tax cuts and spending increases to be rendered budget neutral exacerbated the slide into deficits. Greenspan reiterated his support for reihttp://www.marketwatch.com/News/Story/Story.aspx?guid=%7B44B7257D-DCA5-4666-A563-8691A3512E4A%7D&siteid=mktw&print=true&dist=printMidSectionnstating such "pay-go" rules.