Comments on: Housing Still Mired In Slump, Data Shows
Existing Home Sales Up 3.1% In July But Number Of Unsold Properties At All-Time High
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- In my area (Central Cal) they are starting to build again.
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- All you liberals are crazy. Millions of people out there need to have their homes repossessed and sold, sooner rather than later. All this foot-dragging is what is causing the economy to stay depressed. Democrats need to quit whining about "people losing their homes" and realize that these people were living in homes they couldn''t afford and have no right to keep. If we could get the pain over with, then maybe we can clear the excess inventory and start the process of recovery. Spending billions to save 400,000 homeowners from foreclosure? Election year liberal grandstanding and it WILL NOT work.
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- All you liberals are crazy. Millions of people out there need to have their homes repossessed and sold, sooner rather than later. All this foot-dragging is what is causing the economy to stay depressed. Democrats need to quit whining about "people losing their homes" and realize that these people were living in homes they couldn''t afford and have no right to keep. If we could get the pain over with, then maybe we can clear the excess inventory and start the process of recovery. Spending billions to save 400,000 homeowners from foreclosure? Election year liberal grandstanding and it WILL NOT work.
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- Keep in mind that the per capita share of the national debt is now somewhere around $27000, and that includes babies and old people. That number is being increased by both parties in congress as they continue to spend, and the money is borrowed with interest, so the amount keeps going up.
Add to that the amount of money each of us exports for durable goods and energy, and you''ve got a formula for disaster. - Reply to this comment
- No doubt rich speculators cashing in on peoples shattered dreams.
Posted by WogerWabbit at 02:05 PM : Aug 25, 2008
Yep, it is almost like it was planned that way.
Posted by antoniof123
Typical Democrats. Hate Rage Anger and Negative about anything that might be positive. No wonder McCain is ahead in the polls. The American people are tired of the endless negative ********* of
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Posted by demslie2u at 03:02 PM : Aug 25, 2008
I''m not a Democrat... I''m an ex-Republican... you would bee also if you had any brains... or is that a heart you''re missing? - Reply to this comment
- Note to developers: STOP!!!!
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- Typical Democrats. Hate Rage Anger and Negative about anything that might be positive. No wonder McCain is ahead in the polls. The American people are tired of the endless negative ********* of
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Posted by demslie2u at 03:02 PM : Aug 25, 2008--
Listen, I got news for dilusional Republicans like you...
this economy is dead killed permanently by Republicans Nixon/Ford when they took us off gold and then Ronald Reagan busted up any good paying manufacturing jobs we have left.
What these "headline statistics" fail to do every time they sat something "positive" about the economy, is to QUALIFY those headlines by more drastic statistics, for example.
That while sales may have risen 3%, this was only after the medium price dropped the most 17 years.
So all of that so-called "wealth" has been evaporated from the equity. Another way of looking at it is: You just bought a brand corvette for $69,000 and now you were force to sell it to your neighbor for $10,000.
Sure, the possibility for a "next door" to buy a car has risen 100% since it was the first time it happened but you just lost $59,000 or nearly 400% of what you paid for it.
so this is not good news for the economy not at all!!! - Reply to this comment
- It''s just investors picking up bargains.
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- When the Bush administration rewrote the bankruptcy laws, obviously this economic downturn was planned. Having the employee pay his or her own health insurance was also planned. Driving down the value of peoples homes was planned. Providing tax cuts for the wealthy was planned. Listening to your phone calls and reading your emails was planned. Invading a third world country under false pretense was planned. The only thing the Bush administration didn''t plan for, was helping people after hurricane Katrina.
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- demslie2u:
Obviously, you have never had trouble paying your bills. Your arrogance is overwhelming. You sound like a typical Republican spoiled brat. - Reply to this comment
- This article''s title is a new spin on the word "spike". A 3.1% increase is barely a whimper. But considering how inconsistent and myopic the market is, anything above what they originally predicted must be a cause to celebrate. The housing market probably hasn''t seen bottom as yet, which doesn''t bode well for the economy.
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- Only in wingnuttia land would a 30% drop in housing prices be a positive.
You''re and idiot. - Reply to this comment
- No doubt rich speculators cashing in on peoples shattered dreams.
Posted by WogerWabbit at 02:05 PM : Aug 25, 2008
Yep, it is almost like it was planned that way. - Reply to this comment
- No doubt rich speculators cashing in on peoples shattered dreams.
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