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


To: James Hutton who wrote (177595)1/17/2009 10:06:15 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
I lay the blame for the genesis of the culture of greed with Reagan and the supply-siders. "Money for nothin' and your chicks for free" - "Greed is Good".

Rent "Wall Street" circa 1987, and take a lesson from Gordon Gekko



To: James Hutton who wrote (177595)1/17/2009 1:56:28 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
James,

name one time in history were GDP of the planet was bet on something like our "best and brightest" bet on credit default swaps.

of course greed has always existed.

clinton's bubble economics ushered in a change in magnitude in the level of greed.

a MASSIVE change in magnitude.