I think it was Glenn Beck who said that. Very smart guy. He had accurately predicted the economic meltdown. I remember hearing him myself. While Doug Stephen was hyping up the ‘great investment’ of real estate [right before the crash], Beck mentioned the vast over-leveraging in Fannie/FReddie. And that was when he was in CNN.
” While Doug Stephen was hyping up the ‘great investment’ of real estate [right before the crash], Beck mentioned the vast over-leveraging in Fannie/FReddie. And that was when he was in CNN.”
Back in the summer & fall of 06, I posted warnings to many FReepers that the real estate bubble was going to burst(especially in California and Nevada), and if they were holding real estate on spec, to sell it fast.
No problem.....I was mercilessly flamed ;-)
Obama: “We Will Not Rest ...” [golf club in hand]
Obama Plays Eighth Round of Golf Since Oil Spill—Media Fails to Report
http://www.freerepublic.com/perl/pings
May 26, 2010 ... (Fox News) - President Barack Obama said Wednesday that he “will not rest” until the oil leaking from a ruptured oil well in the Gulf of [snip]
Obama: ‘Will Not Rest’ Until Oil Spill is Stopped [”Just words.”]
http://www.myfoxny.com/dpps/news/obama-will-not-rest-until-oil-spill-is-stopped-dpgonc-20100526-fc_7757796
The Economy Too ...
“Addressing reporters after a White House Cabinet meeting, President Obama says, ‘I will not rest until business are investing again, and businesses are hiring again.’”
http://www.realclearpolitics.com/video/2009/11/23/obama_i_will_not_rest_until_businesses_are_hiring.html