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Shoeshine
Joined: 10 Nov 2007
Posts: 38
Location: Greater Lowell MA
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Shoeshine
Joined: 10 Nov 2007
Posts: 38
Location: Greater Lowell MA
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 Posted: Mon Nov 12, 2007 11:13 pm GMT Post subject: |
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The following is an early reference (June 2005 ) by Larry Kudlow
denying a housing bubble exist and dissing Bubbleheads
Larry Kudlow is a shameless Republican Shill for deficit spending.
http://www.nationalreview.com/kudlow/kudlow200506201040.asp
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June 20, 2005, 10:40 a.m.
The Housing Bears Are Wrong Again
This tax-advantaged sector is writing how-to guide on wealth creation.
Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
None of this has happened
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Um , I digress Larry, I digress .
Interesting the date of this article seems to correspond with the beginning
of the housing recession.
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john p
Joined: 10 Mar 2006
Posts: 1820
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| Posted: Tue Nov 13, 2007 8:34 pm GMT Post subject: |
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I like the posterchild for the bubblehead  I also like the date that the definition was posted... |
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