[Centurion2000]

Greenspan advised homeowners to refinance into adjustable mortgages just as interest rates were beginning the big upward move.

Then he was a complete moron. Anyone that can do math can see that an ARM bought during a 40 year low is NOT going to be stable. Thank God for 30 fixed loans.

[ex-Texan]

That is why Greenspan is known as Mr. Bubble to his critics. Ben Bernanke is known as Helicopter Ben to his. He once said to save the economy he would dump greenbacks from helicopters. He may have acted already, at least that is the latest rumor over at DU. Supposedly, the subject of printing $2 trillion in greenbacks is top secret.