March 01, 2007

Watch this video again, and then fondly recall recent comments by Lereah, Toll, Mozilo, Bernanke, Retsinas and Cramer

Posted by blogger at 3/01/2007

7 comments:

Anonymous said...

All we did is change the players. Same game.

March 01, 2007 9:44 PM
Anonymous said...

koo koo
koo koo
koo koo
koo koo

March 01, 2007 9:50 PM
Anonymous said...

Jeezuz AL-QWEEFER I'm sure you can find quotes that say all sorts of stupid shit when looked at with 20/20 vision. What's your point?

There were plenty of folks that predicted the internet, phones and cars would never catch on. Remember Digital CEO's famous quote about home computers? I remember reading some "experts" saying after 9/11 that a global depression was all but certain. And these were supposedly smart people too.

So far the housing market is down single digits after close to a 100% gain. Comparing today to the 1930s shows how far out there you are and/or your complete lack of any hostorical background.

I sometimes think you're out there writing all this as a joke and are laughing right along with me when reading the replies from the uber-freaky, end of the world is here HPers. Kind of an inside, inside joke.

March 01, 2007 11:08 PM
Anonymous said...

Well, those who ignore history will always be reminded. Its absolutely fascinating how despite the clear indications of changing times to come that people discount caution and resort to calling you (keith and others). I guess if a lot of your trolls and bubble denier had been around back in 29 they would be among the millions of twits who held hope in 32 and thought nothing really serious was going on and why not re-elect Hoover etc.....Tell you Keith, its not so much that you or I want a crash, its merely inevitable. Also, based on some of the posters in your and other blogs, some commeuppance and humilty will be forthcomming from many sectors. The whole species of home credit cardius incapable of thought and dedicated to mouthing advertising slogans and programmed to behave by the banking and consumer product industry will be the hardest hit--thank god.

March 02, 2007 3:56 AM
Anonymous said...

why is that a video?

Text and a couple pictures.

Just post the text and the pictures fer cryin' out loud

March 02, 2007 5:33 AM
Anonymous said...

that a global depression was all but certain.
***********
And it is here, stalled by Greenspan's easy money, late, but here.

March 02, 2007 12:39 PM
Anonymous said...

Keith,
please explain how the 1930s is similar to 2007?

1930 - gold backed currency
2007 - fiat currency

1930 < 10% goverment jobs
2007 approximately 50% in state, federal or federally mandated jobs

What will prevent the fed from printing as much currency so as to prevent deflation?
Which do you think the genersal public is more afraid of- Inflation or Deflation?

March 02, 2007 1:57 PM

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