PDA

View Full Version : CNBC: Federal Reserve Members Laughed As Housing Bubble Grew




FrankRep
01-30-2012, 11:32 PM
http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__PEOPLE/G/GREENSPAN_ALAN/alan-greenspan-smiling-200.jpg


Federal Reserve Members Laughed As Housing Bubble Grew (http://www.cnbc.com/id/46194541)

CNBC
30 Jan 2012



It was good times at the Federal Reserve five years ago: Low interest rates instituted by then-Fed Chief Alan Greenspan had housing prices booming, the stock market was rising and Fed members were様iterally様aughing their way to the...well, central bank.

RSLudlum
01-30-2012, 11:45 PM
What's really funny is the CNBC stooges were also laughing at their own channel's guests like Peter Schiff that were trying to warn of the building bubble.

TER
01-30-2012, 11:58 PM
END THE FED!

Brian4Liberty
01-31-2012, 02:58 PM
What's really funny is the CNBC stooges were also laughing at their own channel's guests like Peter Schiff that were trying to warn of the building bubble.

They were worshiping Greenspan as he drove us off a cliff.