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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 (35271)7/13/2005 1:28:01 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
Why invest in a productive business when Americans can spend their money on real estate and be lavishly subsidized by Uncle Sam?

Tradelite is a classic example of the new Republican - the Tax, Borrow, and Spend Party.

Tradelite claims the Chinese can do all of our work for us while Americans pay for these goods and services with profits on their government subsidized homes.

Concerns about the Trade Deficit and massive Federal Debt are misplaced. They will destroy most American businesses, but Tradelite claims homes will still maintain their value, and that's the important part - subsidizing home owners and Tradelite's ever growing hunger for government welfare.

But apparently even more government subsidies are needed to fuel Tradelite's profligate lifestyle.
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