Thursday, December 25, 2025

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AG Pro gives you sharp insights, compelling stories, and weekly mind fuel without the fluff. Think of it as your brain’s secret weapon – and our way to keep doing what we do best: cutting the BS and giving you INDEPENDENT real talk that moves the needle.

Limited time offer: $29/yr (regularly $149)
✔ Full access to all stories and 20 years of analysis
✔ Long-form exclusives and sharp strategy guides
✔ Weekly curated breakdowns sent to your inbox

We accept all major credit cards.

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Bailout Ben, Big Al, a Sick Porcupine and Beavis & Butthead

It looks like Ben Bernanke is getting re-elected and the American people don’t get a vote.

A porcupine with a bad head cold taking excessive amounts of tranquilizers after watching a 24 hour marathon of Beavis and Butthead episodes could have figured out that keeping interest rates low was a good thing to do recently.

Then again, Big Ben learned from the person who really caused this mess and that is his predecessor, Big Al Greenspan.

Bailout Ben, as he may get to be known in the future, does not deserve the chance to continue.  It’s time for new leadership that comes from outside of the inside of the financial world and government as we know it.

Al and his briefcase, that probably had a baloney sandwich in it, kept rates very high earlier in the decade and then did not see the regulations that needed to be put into place to keep the economy real late in his term.

He just kept his smugness going after knowing that he could control stock prices by his irrational exuberance quote.

From then on, he thought he was more important than Jesus (sorry, John Lennon).

We will look back on this decade as a time that we were lucky we didn’t get into trouble earlier but hopefully, we can get out of it and return people to work, have them buy homes and give them logical loans.

BTW, It’s been written that Greespam (not a misspelling) actually had an Option Arm on his house. Makes you wonder.

fredglick
Realty Reality! That describes Fred, a sharp witted and outspoken realist for the mortgage and real estate world who has appeared on CNBC and NPR's Marketplace along with being quoted in the New York Times, The Wall Street Journal and other media outlets. Fred is the CEO of U S Spaces, Inc/Arrivva (a real estate brokerage firm in PA, NJ, DE and CA) and U S Loans Mortgage Inc (mortgage brokerage in PA, CA, FL and VA), and serves on the Board of Directors and is the Federal Legislative Director for the UpFront Mortgage Brokers. Fred is also the co-creator of real estate startup Rentscoper.com, a mathematically driven rental search engine. See everything Fred at fredglick.com.

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