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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (540479)	1/3/2010 8:57:28 PM
From: i-node	Read Replies (1) \| Respond to of 1574270

>> Obama is still cleaning up that mess.. Yeah? What exactly has Obama done that you consider to be "cleaning up the mess"? It is closing GTMO? Ending the war in Afghanistan? Solving the health care crisis by putting the nation trillions further into debt? He has succeeded in making the US look foolish. But besides that, what has he done?

To: bentway who wrote (540479)	1/3/2010 9:39:50 PM
From: tejek	Respond to of 1574270

D.R. Horton, a key homebuilder, sees business growing By Mitchell Schnurman McClatchy Newspapers FORT WORTH, Texas — Finally, it's time to call a bottom on the housing bust. D.R. Horton, the industry bellwether based in Fort Worth, reported a 26 percent increase in new orders for the latest quarter, the first year-over-year rise since March 2006. It also projected that gains would keep on coming. Horton says it will sell more homes in fiscal 2010 than 2009, ending three years of steadily deepening declines. Perhaps the best news is that Horton plans to open a host of new communities and hire some employees. "It's great to be bringing on a few people, as opposed to laying people off," CEO Don Tomnitz said in a conference call last month. "We see our business growing." It's stunning how much Horton had to shrink to where it's a growth story again. Measured by home sales and employees, the company is smaller today than in 2000, and its revenue is about the same. In fiscal 2009, which ended in September, revenue was just below $3.7 billion, a whopping 75 percent less than in 2006. Selling price fell In the past four years, the average selling price has dropped $72,000, as Horton focused on smaller, more affordable homes. But the shift didn't keep sales from falling off a cliff. Horton sold 16,700 homes in '09, compared with 53,000 at the peak. And a company that once employed 8,900 workers has about 3,000 today. Horton's Great Reset follows a common arc of the past decade. Easy credit and cheap money fueled a rapid expansion in many industries, including residential and commercial real estate. As the economy collapsed, companies contracted and have struggled to find a sustainable size. read more....... seattletimes.nwsource.com