You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Home Sales?”.
-
Archives
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
-
Resources
-
Meta
ALBERT
Yes, this has nothing to do with Bush’s horrible economy. LOL. Bush=worst president EVER.
LAVERN
This one is not really his fault. Its really based in investor confidence.
Since reposessions/defaulted loans are at an all time high (save for depression era percentages), and much of this is due to unscrupulous lending practices, it makes a lot of sense that consumer confidence is shaken in the industry.
Not to mention property values are dropping, which effectively trap people in the houses they are in and increase their property taxes every year.
It really has nothing at all to do with Bush. Just ask a mortgage professional.
MANUEL
This is because careless people used the tax cuts to overbuild new houses, sold those houses at raised prices, baught those houses with loans that were more than they could pay for, loaned those people the money, and banks ran out of cash to loan.
ROYCE
Of course it’s the inadequate oversight of the Banking Regulators! That’s it! It’s just like all the other Federal agencies that have had their regulations neutured by this George W Bush Republican Administration. The Clean Air Act? Really? How about meat inspectors for meat packing houses? Oh, guess what? They get to inspect their own meat packing businesses! Oh, my, I bet they’ll be tough on themselves.
This Republican Administration led by George W. Bush and his cronies are weakening the fabric of our Democracy.
Thanks
MURRAY
No, of course not, the sitting president with the largest deficit in history, the president who is the decider, the great believer in what his Dad once called voodoo economics also known as trickle down economics. The one man who could have run the Republicans to actually regulate the mortgage industry instead of ignoring the unsavory practices and huge interest rates….he had nothing to do with it.
He isn’t totally responsible of course, but his strong stance on not regulating business does have an effect.
Hes not totally responsible, but his attitude of spend, spend, spend, and don’t worry about paying did rub off on the rest of us.
Or maybe you just think that’s a coincidence?
DORIAN
Bush is actually very intelligent he just makes everyone think he is a moron. But no I do not think this is because of Bush. No stars for you
RUSSELL
I blame NOTHING on Bush. This man seriously has done nothing. I am on no one’s side. The results of the American constituency of both parties, shows no cooperation and no “positive” results. Mysteriously, many of the friends of the United States who are leaders and would-be leaders, have gotten assassinated or died other than “natural causes.” Yet, these leaders were America’s friends. R I G H T!!! Think about it, folk who don’t follow America’s concepts according to its whims, don’t live long.
Our dear Mr. Bush and the allies, all say, it is so sad that our latest would-be ally, Benazir Bhutto, got killed. The world leaders didn’t look all that sad. Questions do abound.
I wish you and your loved ones, a prosperous, healthy,
God-endowed, Happy New Year.
P E A C E!!!
CHARLES
not fault of Bush…its just a coincidence that all these things are happening on his watch….just a victim of bad timing.
its all really clinton’s faut and carter’s fault.
no sirreee….record budget deficits, record trade deficits, record consistently high gas prices, record illegal immigration, record foreclosures, declining real wages, the shrinking middle class, the rising number of billionaires, the fact that health care is prohibitively too expensive for too many americans..etc…..none of that is Bush’s fault…..it just seems like that cause he has been in office for all those years with GOP controlling congress.
CLIFTON
President Bush has nothing to do with it!
MARC
.It’s not Bush’s fault… It’s Greenspan’s. He isn’t as smart as everyone thought he was. Why would you continue to lower the Federal Funds rate at every meeting for years until it’s almost at zero without taking a breather to see what effect it’s having?
I know hindsight is 20/20 but that was a huge mistake and will probably drive us into a recession