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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (323255)	9/8/2009 3:01:48 PM
From: DMaA	2 Recommendations Read Replies (2) \| Respond to of 793738

Very good but noticeably missing is any discussion of gigantic tax increases on the horizon. This will squelch any nascent recovery and probably shock the economy into an even deeper and longer recession.

To: jlallen who wrote (323255)	9/9/2009 1:53:57 AM
From: KLP	3 Recommendations Read Replies (1) \| Respond to of 793738

jla....Your post is not only one of the finest I've ever seen you write, but it is the longest I remember. I totally agree with everything you have stated with one tiny exception (Burberrys won't make it here no matter how hard they try. Once people are used to the way Nordstrom does business on a National scale, and not just here in Seattle, they tire quickly of snooty, and rude clerks who think they are doing you a favor by even greeting you, the customer.) The feeling of unease is something that most people sense is real. This is precisely what the "tea party and town hall" events are about! Americans everywhere, and especially the citizens 50 years+ remember well that one can't continue spending borrowed money and paying it back with more borrowed money/credit, without the entire budget falling to the ground in flames! Many of our youngsters have that yet to learn. People also sense something is terribly wrong with an administration that simply rushes ahead, pushes for bills to be completed, BILLIONS of dollars added that shouldn't be there, doesn't read the bills, and then votes them into law. No one wants to be lied to continually. Even most of the people who voted for this mess, believed the campaign rhetoric about transparency and bi-partisanship. Now most, except the Hard Left core of believers, know it was a sham. There have been NO jobs created in business, only the government which continues to be a drain on the system. People without jobs for a long period of time will rise up. Obama and his people better get a grip on things very soon.... If they did NOTHING else but let the market work like it is supposed to, to create jobs, and they lowered the taxes, it would turn things around….as it is now, it is not looking good at all from any knothole from which we peer.

To: jlallen who wrote (323255)	9/9/2009 2:07:36 AM
From: Whitebeard	Read Replies (1) \| Respond to of 793738

Why is NYC favorable? also, counties are decreasing the assessed value of your house and increasing the property tax via millage. Forces more people out of their homes in a market already glutted with REO's. Also, why is Indianapolis stressed?

To: jlallen who wrote (323255)	9/9/2009 9:44:46 AM
From: tonto	1 Recommendation Read Replies (1) \| Respond to of 793738

Thanks for taking the time to write your post. Well thought out.

To: jlallen who wrote (323255)	9/9/2009 1:36:43 PM
From: Neeka	1 Recommendation Respond to of 793738

We need more of this kind of speaking out. I for one have decided to be silent no longer, and you sir take opinion, logic and fact to a higher plane. Thank you for the clarity.

To: jlallen who wrote (323255)	9/14/2009 11:22:34 PM
From: goldworldnet	Read Replies (1) \| Respond to of 793738

Superb post John and one of your best. :) Josh * * *

To: jlallen who wrote (323255)	9/15/2009 11:21:53 AM
From: MrLucky	Respond to of 793738

Regarding Real Estate: The bottom line for me is that if the heavy equipment is not moving, there isn't a new real estate recovery underway. Nearly everything in this market begins and ends with heavy equipment. In my community in CA, 193 homes were on the market in July '08 versus 120 this past July. 39 homes were sold in July '08 versus 26 this year. The average selling price decline was 33%. The good news is that there is over a 100% increase in pending sales this year versus last July which, I assume is being driven by the new pricing.