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#11
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![]() "Tom Littleton" wrote in message ... "Dave LaCourse" wrote in message ... Tom, the housing market is down because there is no money. And the housing **** hit the fan in 2006. no, you are wrong. The housing market is returning to sanity, after a grossly inflated bubble. And the bubble was because of LIAR and not down and easy credit loans. Loans only made because F&F said they would cover them. Same thing happened in the dot.bomb Easy money, low margins and everyone thinking the stock could only go up. Stock for a company with no income, and a website, etc. Did made Clinton look good. Lots of money coming in from the option taxes and last conservative Republicans that held spending in check for at least 2 years. Allowed lot of surplus money. Unfortunately that surplus was committed to long term spending and when the surplus vaporized, we had bills to pay and no money. We need a Stimulus package, not a trillion pounds of pork. Look at JFK for how he jump started the economy. |
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