Finding the stupidest "there is no housing bubble" quotes

I'd like to get a "there is no housing bubble" collection of quotes together - from The Corrupt David Lereah, Kendra Todd, Nicholas Retsinas, Rolodex of Realtors Catherine Reagor & Friends, Alan Greenspan, Ben Bernanke, or from any other brilliant soothsayer who either is corrupt, dumb, blind or has no understanding of economic cycles or manias and panics.

So give it a few minutes, hit the google, and give us some gems. Then we'll vote on stupidest quote.

Here's one for the ages:

"You can't go anywhere without hearing people talk about "the real estate bubble." Such talk drives me to distraction, and I'll tell you why. It's because there is no real estate bubble. Bubbles are for bathtubs."

Kendra Todd, Genius, September 2006

Make the case that there is no housing bubble (and crash) in your city

The floor is yours realtor trolls and confused homedebtors...

For the rest of you, tell us how bad your city is gonna crash

Trust the "experts" - there was no housing bubble. It's different this time! All will be fine!

They all sounded so convincing at the time, didn't they HP'ers? The MSM sure thought so. Millions of Desperate Homedebtors sure hoped so. But alas, they were a parade of fools, some corrupt, some stupid, and all wrong.

First, you have the NAR's anti-bubble realtor spin instructions, which are still up on their website:

These downloadable 10-page reports show that the facts simply do not support the possibility of a housing bust -- not for these 135 markets and not for the nation

And The Corrupt David Lereah from January 2006:

"The level of home sales activity is now at a sustainable level, and is likely to pick up a bit in the months ahead."

Then there was the idiot MSN columninst Jim Jubak in June 2005 with this gem:

Why there is no housing bubble. The sky is not falling. Yes, home prices are sky-high, but we really don't have a housing bubble that is anywhere near bursting.

And of course, you have NAR-poodle Nicholas Retsinas at the corrupt Harvard Joint Center for Housing Studies boldly proclaiming in 2002:

Bubbles, of course, do burst; but housing is not a bubble akin to tulips or to Enron or other corporate scandals. It is a concrete product -- a place where people live. And as anybody who has sold or bought a house can attest, it is not an easily fungible commodity.

And Dr. James Smith, the dimwitted and corrupt chief economist for the Society of Industrial and Office realtors, pontificated in April 2005:

There Is No Housing Bubble in the USA - There is no evidence of a housing “bubble” in the United States and housing demand should stay strong for years to come.

And finally, Donald Trump's little play thing Kendra Todd:

"You can't go anywhere without hearing people talk about "the real estate bubble." Such talk drives me to distraction, and I'll tell you why. It's because there is no real estate bubble. Bubbles are for bathtubs."

I hope Americans know a fraud, a liar and a con-man next time they see one. The housing bubble sure brought out the bunch of 'em. And some are still at it. But their day is done. It's over.