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Reply #32: Greenspan questions home values [View All]

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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-05 05:46 AM
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32. Greenspan questions home values
http://www.chron.com/cs/CDA/ssistory.mpl/business/3327470

Fed chief also says huge deficits threaten economy
By JEANNINE AVERSA
Associated Press

JACKSON, WYO. - Federal Reserve Chairman Alan Greenspan on Friday cautioned Americans against thinking the value of their homes and other investments will only go higher, saying "history has not dealt kindly" with that kind of optimism.

more...

Greenspan is bound and determined to take out the Housing Industry the place Americans have their wealth!!!

I can't wait till he retires!!!
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