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Alan Greenspan, Patron Saint of “Pool skatin’”

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By Barry Ritholtz - December 29th, 2008, 1:00PM

Here’s your quote of the day:

“On the Web site skateandannoy.com, where skaters trade tips about how to find and drain abandoned pools, one poster wrote about the current economic malaise. “God bless Greenspan,” the post read, “patron saint of pool skatin’.”

What does it mean if Easy Al’s role in the entire boom/bust/collapse is now common knowledge amongst teenage hipster skater dudes?

Too funny . . .
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Here’s one of 12 photos

photo via NYT

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Hat tip Oscar

Source:
Skaters Jump In as Foreclosures Drain the Pool
JESSE McKINLEY and MALIA WOLLAN
NYT, December 28, 2008

http://www.nytimes.com/2008/12/29/us/29pools.html

PERMALINK
Category: Bailouts, Credit, Federal Reserve, Real Estate.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

10 Responses to “Alan Greenspan, Patron Saint of “Pool skatin’””

  1. Thisson Says:
    December 29th, 2008 at 1:19 pm

    I think you could make a similar remark about http://www.lolfed.com

  2. donna Says:
    December 29th, 2008 at 1:50 pm

    “What does it mean if Easy Al’s role in the entire boom/bust/collapse is now common knowledge amongst teenage hipster skater dudes?”

    That I and other parents like me did a better job raising and educating my kids than Greenspan did running the economy?

  3. Mark E Hoffer Says:
    December 29th, 2008 at 1:55 pm

    maybe it means that the Young ones aren’t nearly the problem that the ‘Boomers’ are/will be..

  4. Dr. Kenneth Noisewater Says:
    December 29th, 2008 at 2:04 pm

    So I guess this is the sequel to Dogtown & Z-Boys? Killer…

  5. Winston Munn Says:
    December 29th, 2008 at 2:45 pm

    I think it means the current generation is reading blogs instead of relying on the MSM .

  6. patient renter Says:
    December 29th, 2008 at 3:31 pm

    It means that as usual, the rest of the world is ahead of the media and the “experts” in ackowledging fact.

  7. flipjes Says:
    December 29th, 2008 at 6:49 pm

    We knew all along. That’s why we were skating when all the good people were soo busy investing. And guess what? In another couple of months, while we still have nothing, we’ll be richer than most of them.

  8. bcasey Says:
    December 29th, 2008 at 10:21 pm

    Although few could attest to the value of a foreclosed home, noone can attest to the value of unattended property to young skate punks, especially with well curved edges. While bankers sitting in their offices in lower manhattan call it toxic, the youths of today just call it rad, and get on with it.

  9. Dr. Kenneth Noisewater Says:
    December 30th, 2008 at 1:50 am

    While bankers sitting in their offices in lower manhattan call it toxic, the youths of today just call it rad, and get on with it.

    It’s all fun and games until someone wipes out and breaks their neck.. Bet the banks will LOVE being on the hook for liability suits!

  10. william Says:
    December 30th, 2008 at 7:36 am

    Funny how history repeats itself… My friends and I were doing the same thing in the late 70′s. (see Dogtown & Z-Boys above)

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