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: bentway who wrote (289952)	11/8/2010 8:19:32 PM
From: Jim McMannis	Read Replies (2) of 306849

RE:"In 2001 Republicans inherited Clinton's hard-earned "balanced budget."" Clinton wanted to spend like heck until the voters voted in Republican Congress and their contract with America in 1994. Clinton had to move to the center. They even did welfare reform. Then in the last couple years of Clintons regime he started laying the groundwork for the real estate bubble Bush was more than happy to brag about. Bush never vetoed a spending bill and extended the countries wallet accross the aisle. Somehow they have to bring back a Newt like contract. Are you willing to accept the screams that would take place as a result of the necessary austerity to put the budget back in order?

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