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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: neolib who wrote (229860)11/23/2009 10:44:04 PM
From: John VosillaRead Replies (1) of 306849
 
'I'm certainly not one who thinks either party is/has done a good job. But I do think the first couple of $T racked up by Obama are not so bad in the context of the crisis of the last year. What he does after that is going to be largely his own fault.'

Return of the Keynsian economic model..making up the shortfall in the private sector with demand from the public sector in the short term..

en.wikipedia.org

How quickly the right wingers forget the artificially juiced economy..take out the extra unneeded homes built upwards of 1M a yr for several years, the HELOC withdrawl from the phoney appreciation and the extra 3-4M cars a year and that is gap north of 1.5 trillion a year in a 14 trillion dollar economy.. We'd be in a real depression now if the right wingers were still in control.. Please, please point me to the next tea party so I can be saved from marxism and the destruction of our society and capitalism the way we knew it..Jeez if only these brain surgeons had warned small business owners and those heavy into real estate during the bubble in 2004-06 of the impending destruction maybe they'd of had a sense of timing.. Now it is time to move on at least for me... I doubt the Beck and Limbaugh croud are the true capitalists they say they are..lol
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