meg
No no no, LOTS of people saw the housing/financial bubble coming and were wringing their hands over it, especially by 2005. We had just come out of another bubble, fer crist sakes. Why aren’t you the least bit mystified by his statement: “…there are those who argue that housing prices are now at the point of a bubble…”
Why aren’t his lunchpail carriers asking more about those “bubble arguments” that Frank refers to and then casually dismisses, in 2005?
Silly, ABSOLUTELY Everyone sees a major crash once the truck hits the wall at 100MPH. There are shards of glass and metal and bodies splattered everywhere. god, even the animals in the area know it, by the time it hits.
Funny. I thought we voted in these over-paid, over-compensated, over-insured and over-pensioned-for-life, gold-watch bastards to help us avoid crashes. I thought we voted them in because they were so informed and so smart and could see and know better to steer our country keeping stability and future prosperity as the goal, putting on brakes WELL BEFORE any major crashes happened. You know? Brakes applied before the wall hits your windshield —the earlier, the better? Like the average-IQ driver on the road. At least RECOGNIZE we were entering the event horizon in 2005? Do something FUCKING EARLIER than at CRASH TIME, Thank you Very Much.
If this Honorable A-hole Lunchpail is as incapable of putting 2+2 together, because he’s in good company with every other moron out there, then he should be physically removed from Congress. Immediately.
Perhaps he can run a Laundro-Mat, causing very little harm.
(I don’t give a RA who or what he gets a hard-on with.)