Ex-SD: It is interesting to note that there is a gathering chorus of criticism of Greenspan and his monetary policy, and not only for the housing bubble, but throughout his tenure.

He has been spending a considerable amount of time as of late trying to protect both his reputation and his legacy.

It is also heartening to see that the larger MSM outlets are no longer buying the NAR/RE/MBA spin, and are choosing to produce some fairly balanced, well-researched articles and pieces on the bust. Even more heartening is the willingness to address the magnitude of the situation openly.

It will be an interesting half year heading into summer.