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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (31541)	5/19/2005 11:24:17 AM
From: 10K a day	Respond to of 306849

Yes.

To: John Vosilla who wrote (31541)	5/19/2005 11:25:37 AM
From: 10K a day	Respond to of 306849

Why is bush making comments about cutting taxes for home builders....Why does he even bother to go there??? If this turns out badly that is one more nail in the eye of GWB.

To: John Vosilla who wrote (31541)	5/19/2005 11:26:23 AM
From: Valuepro	Read Replies (1) \| Respond to of 306849

The problem is, he is being forced to tighten. That's not because of anything strictly related to benefiting the American public directly, but he has to continue to attract money to these shores, or we are really going down the tubes. Flow of funds is critical at this time. If yields become more attractive in other countries, the balance of payments will kill us. Herein is the reason long term rates MUST go up, however damaging it might be to the real estate economy.