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Greenspan sees "seeds of bottoming" for U.S. housing
Reuters ^
| 05/12/09
| Nancy Waitz,
Posted on 05/13/2009 9:23:45 AM PDT by TigerLikesRooster
Greenspan sees "seeds of bottoming" for U.S. housing
Tue May 12, 3:34 pm ET
WASHINGTON (Reuters) – Former Federal Reserve Chairman Alan Greenspan said on Tuesday that "the seeds of a bottoming" in plunging U.S. home markets were becoming visible.
Speaking to a National Association of Realtors summit, Greenspan said there were reasons to believe that bulging inventories of unsold homes were dwindling and that should bring some stability to prices.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bottom; greenspan; housing
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Greenie getting excited is not a good sign.
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2
posted on
05/13/2009 9:24:12 AM PDT
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
At Greenspan’s height he probably sees a lot of bottoms.
To: TigerLikesRooster
oh, no not the seeds of bottoming!
Quick, someone get Greenspan some more pudding and a dry diaper before he gets irrationally exuberant
4
posted on
05/13/2009 9:25:43 AM PDT
by
silverleaf
("Never forget that everything Hitler did in Germany was legal ( Martin Luther King))
To: TigerLikesRooster
Magic 8 Balls are more accurate than Greenspan.
5
posted on
05/13/2009 9:27:43 AM PDT
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: TigerLikesRooster
From the man who never considered there might be a housing bubble.
To: TigerLikesRooster
Why do we listen to this guy?
7
posted on
05/13/2009 9:27:59 AM PDT
by
Tublecane
To: TigerLikesRooster
Sure is funny, when greenie speaks the market falls, wonder I do, if this isn’t his way of getting funny....
To bad someone doesn’t tell him he has been replaced and to shut his mouth!
8
posted on
05/13/2009 9:30:12 AM PDT
by
HarleyLady27
(Sarah Palin in 2012......eat your heart out libs....we have a REAL woman!!!!)
To: Moonman62
Come September (which begins the desert selling season), we'll be listing my late Mom's home....driving around her cul de sac of maybe 32 homes, there are 8 already with 'for sale' signs.
Andreas' husband is delusional.
9
posted on
05/13/2009 9:30:15 AM PDT
by
ErnBatavia
(Impeach now!)
To: Moonman62
Come September (which begins the desert selling season), we'll be listing my late Mom's home....driving around her cul de sac of maybe 32 homes, there are 8 already with 'for sale' signs.
Andrea's husband is delusional.
10
posted on
05/13/2009 9:30:33 AM PDT
by
ErnBatavia
(Impeach now!)
To: TigerLikesRooster
“Seeds of bottoming?” What kind of metaphor is this?
To: TigerLikesRooster
“seeds of bottoming”? WTF are those?
To: TigerLikesRooster
He says what his odious wife tells him to say.
13
posted on
05/13/2009 9:35:01 AM PDT
by
Carley
(OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
To: nickcarraway
What a stooge. He was wrong about so many things its not even funny.
REMEMBER - he was the American Bankers Association stooge. Whatever the banks want, the banks get.
Thank a lot Greenspan, you traitor~
To: TigerLikesRooster
May be MO will actually get out in her tax payer funded garden and plant those seeds Greenie is excited about!
15
posted on
05/13/2009 9:35:18 AM PDT
by
Red_Devil 232
(VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
Comment #16 Removed by Moderator
To: Nathan Zachary
“seeds of bottoming”? WTF are those? He sees people driving up to look at the mansion for sale next door to his. He hadn't seen people drive up that way in a while.
To: TigerLikesRooster
Hmmm, I see Bernankee loosing control of the long bonds.
Look at price when he bagan Quantitative Easing and the price today. Last week there was a very bad treasury auction.
Yeah, Greenspan see’s something positive my @##.
18
posted on
05/13/2009 9:45:01 AM PDT
by
zek157
To: ErnBatavia
"Andrea's husband is delusional."
And obviously dangerous to the economy when allowed out to make public comment unsupervised. As of this A.M. 783 foreclosed homes within a five mile radius of my front door. Up several hundred from this time last year. Yep. Happy Days are here again.
19
posted on
05/13/2009 9:45:32 AM PDT
by
PowderMonkey
(Will Work for Ammo)
To: TigerLikesRooster
20
posted on
05/13/2009 9:51:28 AM PDT
by
GOP Poet
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