BrunoT

The Housing Bubble: Greenspan's Wayward Son

He didn't say he did it alone. He said he was the ace of spades in a deck of 52 cards.


On May 17 09:59 AM surgcare wrote:

> I normally agree wit Peter but its hard to accept that " ONE " person
> could cause the severe problems we now face .

The Case for Higher Interest Rates and Lower Home Prices

Silly men all trying to figure out the best way to use government to manipulate markets. Does occur to any of you that that is why we're in this situation in the first place?

Let the market decide the price, interest rate, and down payment requirements. Or have you all led such cushy soft lives that you can't stand the thought of a few years of pain?

Nobody should be raising or lowering rates or home prices. When you fool with market forces they snap back and bite you in the rear end. Too bad they don't teach common sense in business schools.