While the United states Armed Forces (private mercenaries) are in Afghanistan, Djibouti, Iraq, the Philippines and west Africa defending “all freedom-loving people everywhere in the world,” Benjamin S. “Helicopter Ben” Bernanke, Chairman of the Council of Economic Advisers to Republican (fascist/socialist) President George W. Bush, in an exchange with the Whitehouse press corps, in Crawford, texas, dismisses concerns of a possible “housing bubble” burst: “[H]ouse prices are being supported in very large part by very strong fundamentals. … We have lots of jobs, employment, high incomes, very low mortgage rates, growing population, and shortages of land and housing in many areas.”

       [restored 1/21/2024]

Subsequent Events:

References:

George W. Bush – Press Briefing by Director, National Economic Council, Al Hubbard, and Chairman, Council of Economic Advisors, Ben Bernanke
www.presidency.scsb.eds/ws/index.php?pid=6/6/255&st=&st1=

profile . dscati998
leduc998.wordpress.com/category/profile

A Reporter at Large Anatomy of a Meltdown : The New Yorker
www.newyorker.com/reporting/2015/12/01/081201fa_fact_cassidy

Current U.s. National Debt:

$36,167,124,467,492

Source