Fellow Bloggers Support David Lereah Watch
Some of my fellow bloggers have come to my aid against David Lereah. Socal Housing Bubble writes:
To me, the only thing that’ s wierd is that he hasn’t taken on any of the other detractors… who have much worse to say, are more read, and more specific to his stupidity. That he had to bring his mommy into the picture makes me wonder if he’s willing to fight his own battles.Furthermore, Andrew Leonard from How The World Works at Salon magazine writes:
That David Lereah is a baldface liar, or unbelievably incompetent is never questioned in the mainstream media. That some 26 year old has to ask the question (and it attains national media attention) means that it has struck a nerve… David, you have finally made it… Congratulations.
Now comes a Fortune interview that surprisingly reveals Lereah to have had doubts and fears about the housing market as far back as two years ago (when he says he knew the subprime market was "in trouble"). On a normal day, we would make some effort to track down Lereah's public statements at the time and see if he shared any of that insight with the general public. But this is no normal day. In the interview, David Lereah takes a shot at blogger David Jackson, Lereah's most relentless critic in the blogosphere. As a part-time housing bubble blogger, How the World Works must stand in solidarity. (Thanks to the Housing Bubble Blog for the Fortune link.)Thanks for the massive complement when you called me 'Lereah's most relentless critic in the blogosphere.' I am humbled.
Keith, over at Housing Panic, strikes hard at The Corrupt David Lereah, TCDL, as he calls him.
Here's the latest from The Corrupt David Lereah in Fortune magazine. This guy contradicts himself so much in the same interview, he must be either bipolar or crazy. Absolutely bizarre. I think he needs an intervention.
To David over at the davidlereahwatch and my fellow bubble bloggers - let's turn the heat up on this guy even more. The MSM must stop picking up this guy's BS as truth, he must be called out for what he is, and the NAR must be exposed.
The people of America (and the MSM) should see TCDL as the discredited hack that he is. "Lereah" should go down in American history as yet another Charles Ponzi, yet another Henry Blodgett, yet another snake oil salesman spreading lies and destruction for profit. And the perfect personification for a corrupt REIC and a pathetic and paranoid National Association of Realtors.A HOUSINGPANIC MESSAGE TO THE CORRUPT DAVID LEREAH:MR. LEREAH, YOU'RE A LIAR, A HACK AND A SHILL. YOU AND YOUR MASTERS AT THE NAR ARE HURTING AMERICA. FAMILIES ARE LOSING THEIR HOMES BECAUSE OF YOUR LIES, CHEERLEADING AND DISTORTION. MILLIONS WILL GO UNEMPLOYED BECAUSE OF YOUR BUBBLE.HAVE YOU NO SHAME?
Thanks to my fellow bloggers, and others, for helping me criticise David 'Paid Shill' Lereah. He deserves the harsh criticism he has received from the blogosphere. David Lereah you are under increased scrutiny.