SHIRT FOR GREEENSPAN
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Sounds like a good time to buy a house cheap.
Alan Greenspan’s feeble attempt to rescue his legacy. If he had retired earlier, perhaps his newfound honesty could have done some good. Can’t stand the sight of that man anymore.
“So far, prices have dropped only slightly. But it was enough to cause alarm around the world,” he said. “Prices are going to fall much lower yet.”
Man, I wish I had his crystal ball.
It’s manipulation we need to get out from under the fiscal policy of the FED!
They should reinstitute the Department of Treasury to issue currency and take it away from the fed. Either that or put our currency on both a gold and silver coinage (plus other commodoties) standard!
SHIRT FOR GREEENSPAN
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but the taxes stay the same till the assessor decides the value has gone down...bump
If house prices are going to drop that much, most owners can petition for lower taxes, especially in a state like California, where the tax is based on the purchase price. That will decline the revenue that the asshats in Sacramento are spending on any crazy thing they can think of. Couldn’t happen to a nicer bunch of morons, IMO.
Balancing a future budget in Sacramento will be a bear of a job.
Get ready for your equity to skyrocket!
Pray for W and Our Troops
Answer, he blew his job and is rewriting his legacy by blaming Bush and anyone else.
Right now there is a lot of anti-Bush folks out there, so he is going for the easy mark.
He’s a pinhead though and should shut up.
What part of RETIRED don't they understand? When it's my time to retire, I won't care about what goes on at work.
I think the boy’s delirious.
Wonderful, anyone want to buy a home just outside of Indianapolis.....I am selling mine....
Greenspan must be related to Bill Clinton. Neither one will go away no matter how much you wish for it.
Greenspan is being paid as a consultant by PIMCO (see Bill Gross) to get investors to invest in bonds and bond funds.
Pretty soon the Kumbaya crowd will show up and accuse us of being stupid because we might believe Mr. Green Jeans, when obviously, he don’t know what the hell he talking about.
So there you have it. If we listen to him, we’re stupid.
If we don’t listen to him, we’re stupid.
I guess we’re just stupid!
Put him and Jimmah Carter on an isolated island somewhere.
Great! So now it’s time to take the maximum equity out of my house (while it’s still appraised high), keep it until the market crashes, and have enough cash to outright buy a second house...