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Old 04-05-2013, 09:00 AM
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icenine icenine is offline
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Economic Downturn and The Sequester Has Not Even Kicked In Yet
Bad numbers on the economy:

http://www.huffingtonpost.com/2013/0...n_3019564.html
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Old 04-05-2013, 09:03 AM
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Hey, but at least we are building more new houses!

What an utterly ridiculous economy. It feels like a bad merry-go-round.
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Old 04-05-2013, 09:07 AM
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We need an infrastructure bill and and an end to these ridiculous tea-bagger invented false economic crises cliffs.
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Old 04-05-2013, 09:10 AM
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Hey, but at least we are building more new houses!

What an utterly ridiculous economy. It feels like a bad merry-go-round.
I think it is still pretty difficult to get financing, or much harder than it was during the "boom" that led to all this mess. In California sales have come back but many would be buyers are getting crowded out by wealthy investors who are gobbling up homes to rent to those they screwed over during the boom.

In other words all those foreclosed homes will go to the banks to be rented out....
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Old 04-05-2013, 11:05 AM
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Well I see that the sequestor is cutting Medicare support for chemo-therapy and patients with cancer are being turned away. So in addition to being outright fools Congress is now aiding and abeting murder.
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Old 04-05-2013, 12:29 PM
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Quote:
Originally Posted by icenine View Post
I think it is still pretty difficult to get financing, or much harder than it was during the "boom" that led to all this mess. In California sales have come back but many would be buyers are getting crowded out by wealthy investors who are gobbling up homes to rent to those they screwed over during the boom.

In other words all those foreclosed homes will go to the banks to be rented out....
Don't worry, Obama's out there on the trail talking about gov backing for more bad loans to folks who don't qualify. That'll fix things.
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Old 04-05-2013, 01:30 PM
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Don't worry, Obama's out there on the trail talking about gov backing for more bad loans to folks who don't qualify. That'll fix things.
Yeah it is always Obama's fault....
I just paid my taxes
I wonder how much went to Alaska
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Old 04-05-2013, 02:12 PM
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yeah it is always obama's fault....
I just paid my taxes
i wonder how much went to alaska

blamm-o
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Old 04-05-2013, 02:21 PM
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blamm-o

thanks!
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Old 04-05-2013, 02:32 PM
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I wonder how much the Feds make from Alaska.

And couldn't the last stimulous done a bit more on the infrastructure front?

Pete
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