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In a statement today, NAR President Charles McMillan said, "This is a great day for real estate and for consumers. This compromise is terrific news for the industry. We are pleased with the settlement so that we can all focus now on what matters most -- stabilizing the housing market and helping the U.S. economy recover."

Now that's funny. The NAR is going to save us from the housing downturn and help stabilize the economy.

Maybe they're feeling a little guilty for pimping subprime mortgages, inflating property values, and bribing inspectors to blow sunshine up their clients' assess.

  • 2 weeks later...

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