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jim rozen
 
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Default Real Estate Crash coming soon ??

In article tUu%b.3953$Ri6.3756@lakeread04, Glenn Ashmore says...

There is a REAL probability that the Fed will have to raise interest
rates to accomodate the Dubya's deficit. The usually inscrutable Mr.
Greenspand all but said so yesterday. That will definitely put the
breaks on housing starts and greatly restricts the Fed's options for
avoiding inflation.


That's nothing. Mr. G says they're gonna have to cut
social security benefits to trim the deficit. Uh oh,
I think I hear about 10 xillion AARP whipping out the
stationery to complain to the administration.

Jim

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