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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: paret who wrote (58370)	10/30/2005 3:36:23 PM
From: American Spirit	Respond to of 173976

Bush gave the Pakistanis 2 billion bucks plus F-16 fighter planes, and they still haven't gotten Osama Bin Lauden. Plus they sold nuclear secrets to who knows who. One wonders when a rightwing Bushie like you attacks Pakistanis if he knows the the hell is going on in the world. In fact, if Bush were serious about fighting Al Qaida in a REAL war on terror he'd have put our resources into places like Pakistan, Yemen, Somalia and Iran, and not Iraq. Iraq was one of the countries which did not make Islamic extremists feel safe. Saddam killed thousands of them. Afghanistan was a good move. Iraq was a huge blunder.

To: paret who wrote (58370)	10/31/2005 3:53:51 AM
From: Wharf Rat	Respond to of 173976

(Australian) New home sales in doldrums theaustralian.news.com.au By Nicki Bourlioufas 31oct05 SALES of new homes and units plummeted 16 per cent in September with no sight of a recovery in the housing market, figures released today show. The sale of new houses fell by 20 per cent while the sale of multi-units rose 9.4 per cent over the month, the Housing Industry Association (HIA) said. New home sales are less than half their level two years ago before the property market had started to cool with higher interest rates. Australia's peak building industry body said there was no sight of recovery in housing demand. "This period of bumping along the bottom is expected to continue for another year before the affordability and household debt equations start to improve, kick-starting demand," said HIA's chief economist, Mr Simon Tennent. "With rates on hold and incomes rising, this market could best be described as a stand-off between consumers who want new housing but are taking a 'wait-and-see' approach, versus an industry that is struggling to deliver an affordable product and remain financially viable," Mr Tennent said. The good news for the housing industry was that rental markets remained very tight and weekly rents were on the rise, which was keeping a floor under house prices, Mr Tennent said. Indeed, house prices were not likely to fall with demand building up the longer people delayed home purchases, Mr Tennent said. "You'd need interest rates to rise by another 1 per cent over a short time to see house prices fall," he said. HIA's New Home Sales Survey is compiled from a sample of the largest 100 residential builders in Australia and is the most leading indicator on new housing activity. Mr Tennent said it was pleasing to see sales in New South Wales (NSW) jumping up for the second consecutive month by 9 per cent as many large volume builders in Sydney reported modest improvements in enquiries and display home traffic. "Elsewhere however, the falls were largely a correction from the good month in August, particularly in Western Australia (WA)," Mr Tennent said. Sales falls were recorded in WA, down 24 per cent, followed by Victoria, down 11 per cent, South Australia, down 10 per cent and Queensland, down 1 per cent.