[jeeman]

Looks like the stats are old. Inventory was lower in February than it was in the summer of 2006. What a deceptive ad.

[jeeman]

Looks like the stats are old. Inventory was lower in February than it was in the summer of 2006. What a deceptive ad.

[jeeman]

Looks like the stats are old. Inventory was lower in February than it was in the summer of 2006. What a deceptive ad.

[jeeman]

Good thing the bottom was last May….

http://www.signonsandiego.com/uniontrib/20070501/news_1n1forecast.html

Jeeman

[jeeman]

Good thing the bottom was last May….

http://www.signonsandiego.com/uniontrib/20070501/news_1n1forecast.html

Jeeman

[jeeman]

Good thing the bottom was last May….

http://www.signonsandiego.com/uniontrib/20070501/news_1n1forecast.html

Jeeman

[jeeman]

Good thing the bottom was last May….

http://www.signonsandiego.com/uniontrib/20070501/news_1n1forecast.html

Jeeman

[jeeman]

Good thing the bottom was last May….

http://www.signonsandiego.com/uniontrib/20070501/news_1n1forecast.html

Jeeman

[jeeman]

Rustico,

I definitely believe that Greenspan’s intent was for consumer spending to pick up the slack of the drop in corporate spending after the dotcom bust. He even mentioned that he believed the ATM effect of rising house prices should prevent a major recession or a depression following the excesses of the ’90s.

However, I do believe that he saw something in 2004-2005 and was quiet, or was totally oblivious to all the fraud going on during that time. Surprising, yes, but eventually, when he did see it, he didn’t say anything, but raised rates quiety.

Imagine if he had said something? How would the markets have reacted back then? Who knows? Maybe they would have reacted the same as they are now.

Jeeman

[jeeman]

Rustico,

I definitely believe that Greenspan’s intent was for consumer spending to pick up the slack of the drop in corporate spending after the dotcom bust. He even mentioned that he believed the ATM effect of rising house prices should prevent a major recession or a depression following the excesses of the ’90s.

However, I do believe that he saw something in 2004-2005 and was quiet, or was totally oblivious to all the fraud going on during that time. Surprising, yes, but eventually, when he did see it, he didn’t say anything, but raised rates quiety.

Imagine if he had said something? How would the markets have reacted back then? Who knows? Maybe they would have reacted the same as they are now.

Jeeman

[jeeman]

Rustico,

I definitely believe that Greenspan’s intent was for consumer spending to pick up the slack of the drop in corporate spending after the dotcom bust. He even mentioned that he believed the ATM effect of rising house prices should prevent a major recession or a depression following the excesses of the ’90s.

However, I do believe that he saw something in 2004-2005 and was quiet, or was totally oblivious to all the fraud going on during that time. Surprising, yes, but eventually, when he did see it, he didn’t say anything, but raised rates quiety.

Imagine if he had said something? How would the markets have reacted back then? Who knows? Maybe they would have reacted the same as they are now.

Jeeman

[jeeman]

Rustico,

I definitely believe that Greenspan’s intent was for consumer spending to pick up the slack of the drop in corporate spending after the dotcom bust. He even mentioned that he believed the ATM effect of rising house prices should prevent a major recession or a depression following the excesses of the ’90s.

However, I do believe that he saw something in 2004-2005 and was quiet, or was totally oblivious to all the fraud going on during that time. Surprising, yes, but eventually, when he did see it, he didn’t say anything, but raised rates quiety.

Imagine if he had said something? How would the markets have reacted back then? Who knows? Maybe they would have reacted the same as they are now.

Jeeman

[jeeman]

Rustico,

I definitely believe that Greenspan’s intent was for consumer spending to pick up the slack of the drop in corporate spending after the dotcom bust. He even mentioned that he believed the ATM effect of rising house prices should prevent a major recession or a depression following the excesses of the ’90s.

However, I do believe that he saw something in 2004-2005 and was quiet, or was totally oblivious to all the fraud going on during that time. Surprising, yes, but eventually, when he did see it, he didn’t say anything, but raised rates quiety.

Imagine if he had said something? How would the markets have reacted back then? Who knows? Maybe they would have reacted the same as they are now.

Jeeman

[jeeman]

Actually, you should read the “Forgotten Man”. The myth is that the gov’t did nothing, exacerbating the fallout from the stock market.

In reality, the government was raising taxes due to lowered revenues from the stock market losses, etc. The uncertainty that gov’t intervention caused made the Great Depression last all 8 years of FDR’s first two terms. Investors don’t know what to do if they think that owning gold will be illegal or legal, if taxes will be raised, etc.

Think about what would happen if Hillary pushes for raising long term capital gains taxes to your regular income rate by the end of 2009….the market will take a huge nosedive by the end of that year, as everyone rushes take advantage of the 15% rate that is currently in place.

This is the kind of stuff that occurred in the 30s. The left in the this country revised history saying that government is the nice benevolent force that can come to the rescue. This is erroneous.

Jeeman

[jeeman]

Actually, you should read the “Forgotten Man”. The myth is that the gov’t did nothing, exacerbating the fallout from the stock market.

In reality, the government was raising taxes due to lowered revenues from the stock market losses, etc. The uncertainty that gov’t intervention caused made the Great Depression last all 8 years of FDR’s first two terms. Investors don’t know what to do if they think that owning gold will be illegal or legal, if taxes will be raised, etc.

Think about what would happen if Hillary pushes for raising long term capital gains taxes to your regular income rate by the end of 2009….the market will take a huge nosedive by the end of that year, as everyone rushes take advantage of the 15% rate that is currently in place.

This is the kind of stuff that occurred in the 30s. The left in the this country revised history saying that government is the nice benevolent force that can come to the rescue. This is erroneous.

Jeeman

[Author]

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