On Saturday, October 29, 2005 8:52 PM [PDT], Sabri Oncu <[EMAIL PROTECTED]> wrote:
> washingtonpost.com > Bernanke: There's No Housing Bubble to Go Bust > Fed Nominee Has Said 'Cooling' Won't Hurt > [...] > > U.S. house prices have risen by nearly 25 percent over the past two > years, noted Bernanke, currently chairman of the president's Council > of Economic Advisers, in testimony to Congress's Joint Economic > Committee. But these increases, he said, "largely reflect strong > economic fundamentals," such as strong growth in jobs, incomes and > the number of new households. Hallucinatory... I want some of what *He's* taking! > > Bernanke's thinking on the housing market did not attract much > attention before Bush tapped him for the Fed job... Go figure... (sic) Leigh
