Jeffrey Lin_

Yikes, But Duh: Housing Bottom Could Be Two Years Off

Mark:

or, all the to-be foreclosed homes are foreclosed, and all those in the same neighborhood and get their housing values destroyed by the foreclosed homes...these folks get foreclosed themselves. then maybe we kick out half the country onto the streets/tents/teepees, and find ourselvs a bottom.

Yikes, But Duh: Housing Bottom Could Be Two Years Off

mark, flatman, I don't even try to think that far. People are like, Paulson used to run GS! How'd he suddenly turn dumb. No dumb or smart about it...the job description for the secretary of Treasury is just that, repeat the script. Easiest job Paulson ever had! No matter what question the press asks, they give the same answer! Behind the scenes, sure he's doing stuff. On air, repeat: "Economy's strong, dollar's strong, U.S. is strong. Hoo-ah"