[quote=sdrealtor]Would have been is a far cry from was. If my son would have been a girl his name would have been Allison. They were wrong in the way things actually happened. Both made predictions of what and when that did not come to pass. A broken clock is right twice a day. The world does not operate in a vacuum and there are forces out there they did not account for (i.e. government intervention). When all this was coming down I said that there would be heroic measures coming from gov’t in ways you could never imagine. I had no supporters with the possible exception of SD R (though he was far more moderate in his expectations than in). Its all here on the archives of this site for anyone to see. You and others constantly said there was no way they could stop the flood. Who was right?[/quote]
Nope, I also knew they would pull out all the stops in their interventions. It’s all in the archives, as well (especially on the HBB). I even predicted the homebuyer’s credit, mortgage purchases, and the takeover of the GSEs. I also said that these measures would not “fix” anything, but would rather prolong the downturn and make the eventual costs even greater.
They have not succeeded in “fixing” anything, only in making it worse. Duration, duration, duration…
