Of Bubbles Past II

Over at FinancialSense.com there is a comparison of the things people were saying before, during, and after the stock market crash of 1929 with what's been going on recently since about 1996; it has some rather nice charts. This is, of course, in general relevant to today's housing bubble and is particularly relevant for Marin as San Francisco is a financial center of the US after New York city.