Comments on: Housing Jitters Grow

Stocks Slip After Bernanke, Paulson Express Concerns About Housing Slump

[mediapreachr]

Not to worry,when we get an earthquake or other emergencies we know where the money is.
As good citizens,the ultra rich will step in and save us all.

[hypnotoad72]

And job figures. Maybe it''d help if fewer jobs were terminated or offshored, at least for a few months?

Plus, who''s ignoring the middle class? It''s clear Chinese and Indian H1B middle class citizens aren''t feeling pressured to get educated. They seem to be rolling in an optimistic future. (Now look at the quality of goods and services produced and wonder why the heck the practice of offshoring continues...)

[ron4691]

Can any segment of the economy be removed from the rest? Local taxes are based on the price of the home. The government will do anything to stop the fall in housing prices, because it hits them in the pocket. How many people''s are keeping up with this lop-sided deal?

[micma-2009]

No worries. We''ll just borrow more money from China and everything will be just fine.

[whatithink-2009]

jh6379,

The middle class was instrumental in ignoring the poor and letting the rich get away with murder because they hoped one day to be rich as well. Now, I think, the chicken are coming home to roost and the middle class is starting to realize that the road to poverty is a much shorter one than the road to riches.

[whatithink-2009]

downtowner97,

I wonder how long it will take before the Fox propaganda watching, so-called Christian conservatives realize that our nation was better off when our politicians focused on the economy instead of the bedroom.

[downtowner97]

Where''s all that cheap Iraqi oil we were supposed to get? Oh yeah, that''s right. The powers that be own US oil too, so they want to keep prices high.

[rudy2281]

Couric and friends will try to convince everyone that the sky is falling, again, given a normal dip in the stock market. She''ll fail, again, to remind everyone that the DJIA, S&P, Nasdaq are running 10%+ YTD which is fine for investors who are not trying to be overnight Donald Trumps.

As for gretagreen''s comment about Ron Paul; he doesn''t have a snowball''s chance however, his anti abortion stance makes him much different than the Heinrich Himmler crowd who think nothing of murdering a million plus babies every year.

[gretagreen]

Dear stopiraq: Your passion for Ron Paul is commendable but to keep posting off-topic about him is rather irritating. I did check him out and found out he wants to enact a statute making abortion illegal, and stronger protection for privacy rights. Sounds a bit whacko to me.

[logicanada]

As long as your federal reserve is owned by private shareholders it will remain neither federal, nor a reserve. The amount of interest paid to these fed. owners on the national debt is staggering. Printing more useless paper markers and generating capital through debt is leading to a depression of severe magnitude.You are currently re-experiencing the ''roaring twenties''. The ''dirty thirties'' are just around the corner.

[tnt1954]

just build low cost housing. with illegal alien
slave labor. we should all get our 20 x 20 foot
room with attatched bath. cafeteria downstairs.
and low-cost pork and beans. lol.

[missingamerica]

Housing is just a symptom.

[tomar0317]

What''s terriffic is that we''re still allowing the rich to get richer using illigal means I believe. I have no problem with honest work paying dividends to all that participate. However, our money is still being spent outside our own country to develope other countries when in fact, America is hurting. Let''s keep our money here, where it belongs. Once we can afford to help others, then we can.

[newsreader2]

What a disaster.

[antoniof123]

So what else is new this is the new world order that we live in the rich just get richer at the expense of the middle and poor. Keep up the good work boys it you are doing a good job.

[fascistusa]

Blah blah blah. Our economy is a joke. It''s backed by NOTHING.

A house of cards set to fall.

The elite are looting the Country. Endless Wars. Fascism. Fake News.

Take it all and leave, Elitists. Take it ALL.

[drivelphobe]

Let''s hope there are more legs to this housing disaster. Everyone involved in the mortgage and refinance arena, the house flippers and the scumbag rogue builders, need to go down in flames. Let the chips fall where they may. It is absolutely a joke when housing costs are so out of line with incomes.

A good recession is the result of the out-of control abuses by Cities, allowing anything to be built regardless of codes and neighborhood character. The Building and Safety departments, under direction of the City Councils and Mayors, have had a hands-off postion with regards to enforcement of codes, allowing disastrous violations, agreeing to multiple variance requests, while groveling for fees and increased taxes. Add this to the ridiculous monetary policy of Greenspan, financial disaster is imminent.