It’s not the fact that he asked the question. One wonders how many times he has to ask it and how many responses that he will accept before he STOPS asking the same question in literally the same time frame.
We know the resets are coming and the last I heard, there was no discussion of a bailout. If the situation hasn’t changed, why is the same question being repetitively asked?
Let’s pretend that Countrywide laying off 12,000 jobs is going to impact the RE market in a positive fashion while we’re at this exercise….