denbosz88 (December 31, 1969 at 5:59 pm)

peoples minds my ass. Indeed a shill. The fed caused this by printing too much money and the government by spending too much. And the public by letting them get away with it.

remembranceTX (December 31, 1969 at 5:59 pm)

And on top of it he compares them to the germans who lost a war. Shiller WHO is paying you to say this crap? the banks? Cause they ultimately will be the losers if these people walk. These families might loose their house but they will also loose that 300 or 400K mortgage and payments which are sucking them dry

remembranceTX (December 31, 1969 at 5:59 pm)

We watch them screw our countrymen out of their money with illusions of wealth, and now when they are loosing the money they lent them, and YOU WANT US to bail them (the bankers and mortgage lenders) out.

remembranceTX (December 31, 1969 at 5:59 pm)

I like this man's index but he is wacked with what he is saying. Take about being PISSED OFF. As a taxpayer I have to bail out the banks because they lied and cheated people by stuffing money into their hands. And they took it so as to make a buck. You are right Mr. Shiller. We are MAD as hell and getting resentful.

cpswyl (December 31, 1969 at 5:59 pm)

Agreed. I had to refrain from jumping on the bandwagon when I saw housing prices rocketing up 25%++ a year, in case i over extended myself financially. Why should I be penalised for exercising fiscal restraint? It would merely be teaching me the system is rigged in favour of financial irresponsibility - jump in lest your savings shrivel whilst assets inflate at ever increasing rates

coolworx (December 31, 1969 at 5:59 pm)

(and the unscrupulous Banksters and Walls Streeters that encourged this ponzi scheme) just spreads out the pain to the rest of us that DIDN'T participate in this bubble.Talk about your unjust punishment!

coolworx (December 31, 1969 at 5:59 pm)

I'm sorry, but his whole analogy of Germans after WW1 and idiots that thought their home equity was an ATM is total bunk.Not to mention, the "solution" in bailing out these spendthifts (not to mention the unscrupulous Banksters and Walls Streeters that