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

To: ChanceIs who wrote (238905)	2/19/2010 10:59:44 PM
From: ChanceIs	Respond to of 306849

Secondary Sources: Schwartz on the Crisis, Rates, Deficits * June 11, 2009, 9:46 AM ET Schwartz on the Crisis: In an Interview with Marketplace, Anna Schwartz isn’t impressed with the handling of the current crisis. “I think both Bush and the Obama administration have not been as hard headed with banks, it has been too lax… There has not been a straight line in the programs that the Fed has introduced over this period. So, I don’t know whether the verdict [of future economic historians] will be charitable. It’s always possible to find reasons why other alternatives were not really available. But I think on the whole the performance has been disappointing. Because now two years and more after Bernanke came into office we don’t see visible signs of change for the better.”

To: ChanceIs who wrote (238905)	2/20/2010 12:31:27 AM
From: Perspective	Respond to of 306849

'Everything works much better when wrong decisions are punished and good decisions make you rich.' Would somebody please staple that to Bernanke's forehead? BC