That was a statement regarding the impacts of the American Housing Bubble on corporations. It was not a statement regarding the future of Americans. The average citizen is inconsequential to the corporate ambitions of the Bush Administration. No different than the lives of the Iraqi people were before Bush invaded that country illegally.
The focus of the Bush Oval Office is, simply put, business.
To a homeowner with hopes and dreams, including the education of their children, all a part of their monthly mortage, a statement like that is hideous to consider because 'affect the housing sector' is all average people have in their lives. To lose a house/home to bankruptcy is a demoralization of a life's longed for achievement, not just a matter of business. I can't tell you how much a statement made such as that of Bernanke hits home in a very big way to the profound advocacy for misplaced trust.
While Wall Street racks up record totals daily, the average American whom 'bought into' the Bush strategy to secure their future, today finds themselves worse off for the trying. It's time for Americans to take control of their cities and life destinations. People like Bernanke play to the 'big money' liquidators whom would rather sell homes to immigrants with ready cash than the American public.
