Remember the real estate boom?
Program length – 04:20
Here’s the crap people were sold
Fair and balanced for Fox News means putting idiots on to spout the party line no matter how insane, ignorant or dishonest.
Look at the two clowns Fox dug out of the intellectual trash heap to predict a 10% increase in real estate prices in 2007.
Note how they are permitted to shout down and ridicule the only person who got it right.
The real estate lending scam was engineered to keep a very shaky credit-crazy economy humming along for as long as possible until the whole thing fell apart.
Mission accomplished, Mr. President.
Recall that Bush & Co. actually sued states that tried to enforce their own long-established and rational real estate lending laws.
This puts the political assassination of Eliot Spitzer in a new light.