Big

It just often seems that way.


RENO, Nev., Nov. 5 — As his wedding day approached last spring, Marshall Whittey found that his money could not keep pace with the grandiosity of his plans. But rather than scale back, he chose instead, like millions of homeowners across the country, to borrow against the soaring value of his home.

He and his bride, Holly Whittey, exchanged vows on the grounds of a sumptuous private estate in the Napa Valley. They spent their honeymoon at a resort in Tahiti.

http://www.nytimes.com/2007/11/08/bu...hp&oref=slogin

RYou

I wonder how Mr. Greenspan is going to pan off his influence in dropping the federal money rate as low as he did fully knowing that at some point the rate would return to higher levels and cause a reverberation through the economy. And, since this is posted on the NWT, don't let me see anyone try to impose this on the back of you know who because you know who doesn't influence the money managers.