Interesting bit ...

[optimusprime_IHB]

If you really want to buy a home...just read this interesting piece..





<strong><em>"every recession since 1960 has started with a decline in home construction." If that's the case, this one will be more severe than most others, because the current decline in home construction will be more severe than most others. To me, a 2008 (or 2009) recession is a given. And a Depression is not out of the question.





</em></strong>

 

[acpme_IHB]

who said that and whats the article? interesting indeed...

 

[optimusprime_IHB]

It's off a paid financial site...the quotes are from Doug Kass..and the person who wrote it is Tom Au.





It's part of their daily columnist conversation.

 

[graphrix_IHB]

<a href="http://www.thestreet.com/s/kass-bernanke-cant-bail-us-out/markets/activetraderupdate/10379811.html">Here is the link</a>. If you sign up for google alerts for news on Countrywide this would have been emailed to you last night. I the google alerts.