[quote=SD Realtor]I cannot argue with that. 4.5% puts a hell of alot of hot air in the bubble again. Forget savings… spend baby spend! Rates at that level will absolutely bring your spring prediction closer to reality. Even with higher unemployment, the biggest misconception on this site is the denial of how much money there is that is floating out there on the sidelines right now. [/quote]

I dont know how many people deny how much money is out there. Rather, I think most of us deny that it would be deployed without these BS rates and huge government guarentees. Alot of capital is only being depoloyed because of government intervention and historically low rates. It hurts to admit that our government is activly trying to f^&$ those who are responsible and reward those where were not, so many don’t.

I guess the real issue is that most of us were hoping for “our” time, a time when people who saved would be rewarded. But when is life ever fair?