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


To: Jim McMannis who wrote (209815)7/9/2009 2:36:09 PM
From: Broken_ClockRead Replies (1) | Respond to of 306849
 
RE:"There is no defense for the Pubs. As late as '06 "W" was still touting the "ownership society" and talking about home ownership at 69%"

No excuse for any of them. Most all of Washington was either pushing or bragging about home ownership. Clinton, Dodd, Frank, Bush, Raines on and on.

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the problem was quite simple really. It came down to one little letter "D".

J6P in his beer/prozac induced slumber did not realize that in Wall St./DC lingo American Ream is translated into the common vernacular as American Dream.

So it can be said he is now awaking from his American Dream to discover the American Ream. A painful awakening, I can assure you.