Cecilie1200
Diamond Member
The housing market is starting to come back. Have you been following the market on companies like Pulte? The lack of cash fat companies reinvesting in themselves is more due to the international and domestic market demand. But that's a far cry of where we'd be if Obama did nothing.
The bottom line remains that Obama's action has kept us from going into a full blown depression, which would have spread internationally. He probably could have gotten a lot more done if he had a filibuster proof majority for more than 26 working days in the Senate. After all, it's been admitted by GOP leaders in both houses that they refuse to give Obama anything until after the election.
On the housing market. Houses in Mesa, AZ are worth 40 to 60% of what they were worth 5 years ago. That is promoting the migration of young families into areas that were not affordable before and the city is starting to see some of it's slumping schools pick back up. The market is doing what it does. Pulte built huge homes here in my city (worth 500K at the time...that are now selling in the low 300's). And none of this would be happening if interest rates were still at 4 and 5%.
If Obama had done nothing....tough. Prices would have dropped further. When do people finally have to account for their pathetic unwillingness to not make bad choices. Houses in Scottsdale AZ that were selling for 100 K in 2000 were selling for 500 K in 2005...who is that stupid ?
Once again...your claim about a depression is nothing but an article of faith. You can't prove it. Are you the one who just said he can debate in facts....when you are ready....you can start.
The left is now seen as a fully exposed and declared enemy of liberty. You can bet your ass we will continue to send hard core "heels dug in" reps to the house to stall off anyone (including Romney) who will try to use the federal government to "make our lives better" (because it usually doesn't...and on the net makes them worse).
I have all the faith in the world in a free market economy. I also understand the economics is about equilibrium and the one thing people who espouse the free market sometimes don't pay attention to is the rate (which can sometimes be violent) at which corrections take place. That is life.
I'll take a smaller house, a cheaper car, and dirt roads over giving up my rights to life, liberty, and the pursuit of happiness.
Joe Biden (paying taxes is patriotic) can kiss my ass.
I didn't realize you were in Arizona, too. We should absolutely get together and have coffee sometime.