I just spent a week in Washington, DC for the National Association of REALTORS conference. Wow! DC is not one of the places that I would choose to go if it had been left up to me. DC is not even one of the top 100 places that I would have ever chosen. Now, it probably is in the top, oh, say 50. The history sent shivers up my neck. I marveled at monuments and artifacts that I've been looking at pictures of all of my life.
I saw one of the copies of the Magna Charta from 1260. I saw all of the de rigeur monuments, the ACTUAL be still my heart! Declaration of Independence, the Articles of the Constitution, a real dinosaur skeleton, an abandoned graveyard, miles and miles of DC sidewalks - I was a shameless tourist and I loved it!
I had to discipline myself to remember that I wasn't there to be a tourist. I had to fit sightseeing into late nights and one day of hookey when they hadn't scheduled me for anything except a guided tour of NAR - I felt fine about bailing on the NAR building.
I was there for the REALTOR Conference and the Summit. The Conference was great (REALTORS are an odd bunch, but extremely competent, especially at this level.) The Summit was incredible. NAR brought together the biggest of the wigs to duke it out over the economy. The concept is that Congress and the Obama Administration could watch and learn what's going on out in the real world.
That's what happened. Alan Greenspan gave a speech which I enjoyed quite a bit. (I didn't expect that - to enjoy Greenspan.) Then 2 round table discussions with big-timey bankers, economists, journalists, all kinds of economic gurus, all who pretty much ended up sniping at the bankers. Well, who deserves it more? Jane Bryant Quinn moderated and she was the best sniper of all.
The upshot is that Greenspan believes that the economy took an "upswing" in November, and he expects it to continue indefinitely. He explained why but I don't do econospeak and my eyes glazed over.
It was incredible, listening to all of these great minds finally admitting what we've known all along - the economy is in trouble, the housing market is a disaster, and "trickle down" didn't work so let's try some "trickle up."
That's my new license plate to replace my current "Turets." "Triklup."