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Going to Hell in a Handbasket: The Rush To Protect More Stocks

This began with government overreation to 9-11...

Greenspan created this real estate speculation by lowering interest rates for to long, spurring economic activity, post 9-11. This,FREE MONEY became blatant speculation on a National level. Ya , Greenspan applauding the Mortgage industry to loosen lending requirements early in 2004 was a green light. Gravitational well opened up and the dollars began to swirl into the Black Hole. The giant sucking sound is the increase in taxes that will be required to prop up a worthless currency.

Case-Shilling ratio of house vs. wage ratio has a lot farther to fall to reach historic norm. This story isn't done.

'Greenspan and Bush legacy bankrupts USA ' should be the headline of the day.

US$ is DOA.

Paul Volker must be livid.