The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (229705)	11/20/2009 8:51:31 PM
From: neolib	Read Replies (5) of 306849

Clearly the future may hold some surprises, and Obama & Co will be judged more by what happens from here on out. So far, I'd say things have gone better than expected. I'm not expecting the average American to stop working and give up on shopping. The key will be job recovery, and how the $ fares in the next few years. If Obama starts to get interested restraining stimulus spending earlier, and reduces his budget gaps, things might end relatively well. If he gives way to his Democratic proclivities and thinks expanding the government on all fronts is helpful, I think things will end a good deal worse. Further regarding ineptness v.s. corruption, I think the onset of the implosion last year is a clear vindication of my view vs others here. If corruption rules, why didn't the corrupt succeed in averting more of their own problems earlier? Instead, nobody in the Government really understood the magnitude of the issues, or thought things could get as bad as they did. Thats ineptness, not corruption.

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