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lentinman

03/13/07 4:52 PM

#1770 RE: MasterPicker1 #1768

MP:

The ridiculous thing is that they could EASILY have controlled the bubble 3-4 years ago, but they let it run amok until it collapsed of its own weight - as all bubbles do. Since home equity has driven such a huge percentage of our entire economy for the past 5 years, the results of a sudden halt in that spending is bound to be majorly bad.

Len