Curious that the article points to the worst housing numbers in 17 years. Who was in office 17 years ago - George H W Bush. Remember the first Bush recession.
Reuters: August new homes prices, sales plummet
Sales of newly constructed U.S. single-family homes in August fell to its lowest point in more than 17 years while prices hit four-year lows...
1 comment:
It amazes me that even with this so called bail out coming I hear nothing about stopping these same players from just taking all this cash and doing the same thing all over again. If the rules of the road aren't changed why not?
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