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Reader comment on:
A Once-Cryptic Fed Chairman Is Suddenly Full of Advice

Submitted by Martin Turow, Dec 16, 2007 23:52

This guy is crazy. From which nursing home did he escape? First, he says the gov't shouldn't meddle with housing prices. Then he says we should give cash to people who got in over their head and who bought at the wrong time through either greed or fear and in effect, support hyperinflated housing prices. Housing prices need to adjust to where working people can afford a house. Why should we bailout people who took a gamble and lost? Why not give me a bailout? You know, one of my credit cards is going to reset ( I consolidated using a teaser rate) and when it does, it is going to be a hardship on me. Where is my bailout? And all the more outrageous is he got us in this mess in the first bless. It's completely whacked, completely.


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Other reader comments on this article

Comment By Date

Of course Mr Greenspan would give away money. It is not his so what does he care. However, the main... [MORE]

DANIEL SULLIVAN 

Dec 17, 2007 10:54

This guy is crazy. From which nursing home did he escape? First, he says the gov't shouldn't meddle with housing...

Martin Turow 

Dec 16, 2007 23:52

Out of his mind! My neighbor lost their house, refinanced 4-5 times, wound up with 5 yr ARM, then it... [MORE]

popijw39 

Dec 17, 2007 12:06

I am often concerned about a growing consensus of disparity in fortune between those who do very well and the... [MORE]

John House 

Dec 16, 2007 23:46

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