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

To: Schnullie who wrote (172927)	12/21/2008 4:57:41 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

oh, i agree there. i didn't limit the cause to the excessive money (which makes it dumb - you just can't track too much money). fault also belongs to: 1. reagan - appointed greenslime when volker (i think it was volker) was doing a good job but wouldn't bubblize the economy. 2. clinton - arguing that cdses don't require regulation. 3. greenslime - too many reasons to list 4. bush jr, lots of reasons, but his suing new york to prevent them from applying "ability to repay" to loan approvals is right up there at the top. 5. an amoral wall street. 6. an ignorant public with incredible greed fueled imagination. 7. phil gramm - the economy is great and the public just whines too much. he drove through the cds legalized gambling legislation that clinton eagerly signed. lots of people set us up for this fall.