We never thought we would miss Alan Greenspan, even if you disagreed with his policies at least he knew how to use words carefully, until recently. After listening to the economic speak of the last few weeks we thought it was only appropriate to create this tribute to our current Fed Head.
Top 10 Things You Don't Want To Hear The Head of the Federal Reserve Say:
10. The systemic risk of the financial system is greatly exacerbated by how many big words I can use to confuse the public 9. If I follow the rainbow, there should be a pot of gold somewhere around here 8. Quick, get more ink for the printing presses 7. These dollar bills make great wallpaper 6. What the heck does systemic mean? 5. Which way to the soup kitchen? 4. Hey W, Do you have Alan Greenspan's cell phone number? 3. How do I start this helicopter? 2. Hi, I'm calling for the U.S. Government, can we get a loan mod? 1. Heads, I lower the discount rate...Tails, I raise it.
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Labels: bad credit, bailout, cd rates, equity, fed, federal reserve, fha, fico, finance, home, housing prices, interest rates, investment, loan, loan rates, loans, money, mortgage, mortgage rates, mortgages |