Lyrics - PBS NewsHour 20071017 Shiller 1of2

PBS NewsHour 20071017 Shiller 1of2

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The NewsHour discusses the worsening mortgage and credit crisis with Yale economist Robert Shiller and others.

Channel: News & Politics
Uploaded: December 8, 2007 at 7:37 pm
Author: FrothySnowman

Length: 0:08:58
Rating: 5.00
Views: 1,138

Tags: housing bubble home prices subprime mortgage economy boom bust

Video Comments:

papatoony (Sunday 9th of December 2007 07:09:58 AM)

Ummmmmm...housing prices NEED TO FALL!!!!! Fuckin' idiot Paulson. How are over-inflated home prices healthy again??

JoeDebtor (Wednesday 9th of January 2008 05:58:57 PM)

Agreed. Housing prices need to fall by at least 30% (or more) to be in line with wages. All this "creative" (bullshit) financing artificially inflated the market.

infundadiform (Sunday 9th of December 2007 12:28:45 AM)

i THINK THE FED IS IN CAHOOTS WITH THESE BIG BANKS THINK WHAT THE ULTIMATE PAY OFF FOR THOSE SECURITIES THAT THEY WILL BUY AT A DISCOUNT. THIS IS THE KIND OF PRACTICE MORGAN HIMSELF USED IN ORDER TO LEVERAGE NEW ACQUISITIONS. THATS WHY HE WILL ALWAYS BE ONE OF THE BIGGEST SCUMBAGS EVER.