Bernanke: US Housing Slump Could Be Nearing a Bottom

joe and josephine are going to get screwed. i'm glad i'm not them, or i might get angry that the media so distorts the truth.

Because he was right about the economy being strong throughout early 2008.

Good thing NYC is only 2 years beind the national market.

So, Steve, you were only three years early in your mistake!

Didn't the same Fed Chairman say there wasn't a real estate bubble?

yeah, and then it was just subprime.

"Didn't the same Fed Chairman say there wasn't a real estate bubble?"

No, that was Greenspan.

our not-so wonderful wiz bennie bernanke really belongs to the land of make believe, next to the Not-So-Magical Magician and Barney... bernanke as an economic oracle is just so-so...

alpine, read it and weep.

http://www.washingtonpost.com/wp-dyn/content/article/2005/10/26/AR2005102602255.html

the not-so wonderful wiz bought a house in DC at the very peak... don't cry for me USA!

damn the internet. kinda tough to dance around that one. but dance he will.

quote of the month: "if it gets worse, it'll probably get worse unless it gets better or stays the same."

cc, i searched bernanke "no housing bubble". article was the first hit. she shoots and scores.

Whoops.

This is the same alpine who said there was no housing bubble and no decline...

Now we know where he got it from.

Perfect time to say it again...

Always the morons who denied there would ever be a crash are suddenly the experts on when the crash will end!

i think that was a three pointer and you fouled in the act for a total of four on board!

whoops "were fouled"

Sorry, alpine.

Bernanke: There's No Housing Bubble to Go Bust
Fed Nominee Has Said 'Cooling' Won't Hurt

By Nell Henderson
Washington Post Staff Writer
Thursday, October 27, 2005; Page D01

bernanke and and paulson were guilty of saying things were great all the way until bear got taken out

There was an entire thread on Alpine and denial a few months back.