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To be fair, ‘drinking the Kool-aid’ has been part of the American lexicon for 3 decades.

Also, it wasn’t “Kool-aid.” It was “Flavor-aid.”

I hope my “disturbingly horrifying” postings have not colored Princess Leia’s opinion of me.

@Rodger,

We have been operating in a bubble since the mid-90s and the banks had the depression-era safties taken off by Greenspan and the Clinton Treasury Dept (Rubin). Since then, they have been blowing one bubble after another.

Perhaps our great-grandparents were not so dumb after all?

For us to encourage any use of the trendy reference to ‘drinking the kool ade’ is beneath us.

It’s a horrible moment in history, and shouldn’t be trivialized.

Now, back to the party for some humor!

Thanks for the response.

It is nice to know we are in agreement on a number of fundamental issues.

I recently stumbled across this article in praise of market bubbles. Since the general public consensus is that bubbles are bad, and governments should strive to prevent them, it was insightful to read a contrary opinion.

Here’s the link:

http://www.newscientist.com/channel/opinion/mg19826615.600-comment-are-economic-bubbles-so-bad.html?DCMP=ILC-hmts&nsref=specrt10_head_Don%27t%20burst%20it

(PS, if anyone knows how to insert links in a less ugly manner, please let me know)

What I am wondering is if we are actually operating as a bubble (or series of bubbles) within a larger bubble (that of monetary inflation, preceding monetary deflation), which seems to be the drift of your thread, or at least how I am interpreting it.

Your thoughts?

PS, I think the appropriate Stars Wars character for Leanne would be Princess Leia: upbeat, hopeful, idealistic..don’t know about the hairstyle.:)

With that said, we have other factors that are impacting the market–namely inflation (oil) — which has a negative impact on mortgage backed securities and we also have building tensions with Israel and Iran.

Watch for the Jobs Report which will be released this Thursday instead of Friday for the next significant economic indicator. If it points towards inflation, we’ll see rates continue to rise.

It is a very complicated market right now with regards to mortgage interest rates. Most lenders that I work with are averaging 3 rate changes per day.

How about Leanne, Queen of PPC. Pure, personal charm. haha. That was tagged on me by someone else many years ago.

Leanne and Eleua, opposing forces. Hmmm.

LOL!

One day, we will welcome you to the “dark side.” Your title of Darth Leanne is reserved for you. You can not escape your destiny.

Until then, “may the Kool-aid be with you.”