President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (132426)	3/28/2013 11:35:22 PM
From: John Vosilla	Read Replies (1) of 149317

One winner. Those controlling the beaten up RE well below replacement cost. I studied the 1970's values of property tripled in much of America far outperforming the more expensive NYC metro area tied to the ills of WS. You are right that rising rents and costs of goods will hurt most Americans living paycheck to paycheck yet again. I can only hope at least policies more in line with helping the working class like back in the 70's are in place cause the starve the beast GOP running to the rescue at this late date is the last thing that will 'save' them. High interest rates are a killer for most all financial assets. Probably beaten up commodity based stocks of today like Alcoa and US Steel will be huge winners in the casino where most eventually lose..

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