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Tent city in suburbs is cost of home crisis
Roto Reuters ^ | Fri Dec 21, 8:18 AM ET | Dana Ford

Posted on 12/22/2007 3:29:08 AM PST by OneLoyalAmerican

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To: samtheman

LOL...yes, Alan “Mr. Lonely” Greenspan and the Moaners at CNBC have been talking up recession all year, and then the booming consumer spending report came out Friday that showed no one is listening. Oy wey...the panty-wetters on Wall St. may not have as much influence on Main St. as they fantasize they have. Their disappointment was palpable.
True, the sub-prime lenders are getting a few million dollars less in bonuses this year after losing billions for their financial institutions, but did they really think people should be buying McMansions with no money down and very little income coming in? I guess that’s what they pay big bucks for on that planet called “Wall St.”


21 posted on 12/22/2007 5:34:20 AM PST by kittymyrib
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To: OneLoyalAmerican

I under there are 22,000 more urban outdoorsman coming their way, compliments of the Governator.


22 posted on 12/22/2007 5:55:39 AM PST by chiller (Old Media is not yet dead. Turn them off and they will die.)
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To: chiller

I own a nice chunk of woods here in central PA.The wife and I live there for short periods of time in a tent every year.The only thing we bother are the deer and a few bears.We are temporary homeless folks.


23 posted on 12/22/2007 6:13:11 AM PST by TLEIBY308
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To: OneLoyalAmerican
local housing experts say.

Its the "Experts "again....disregard.

24 posted on 12/22/2007 7:04:14 AM PST by Don Corleone (Leave the gun..take the cannoli)
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To: OneLoyalAmerican
While no current residents claim to be victims of foreclosure, all agree that tent city is a symptom of the wider economic downturn

LOL.

Love it, reporter goes to the homeless to explore the symptoms of an economic downturn. Hmmm..... I'm sure there were a lot of folks with Ph.D.s in Economics there. A real reporter would interview an Economist to find the 'symptoms of the wider economic downturn', not a homeless bum.

This is a classic of example of a MSM reporter working a story backwards. Start with a conclusion, when write a story around it justify your opinion.

25 posted on 12/22/2007 7:15:31 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down to their level, then beat you with experience.)
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To: TLEIBY308
We are temporary homeless folks.

Why, you sir, deserve a government check. You poor dear.

26 posted on 12/22/2007 7:16:34 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down to their level, then beat you with experience.)
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To: Lurking in Kansas

I get one from the DOD.


27 posted on 12/22/2007 7:48:31 AM PST by TLEIBY308
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To: OneLoyalAmerican
Undocumented, Minorities And Women Hardest Hit. Film at 11.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

28 posted on 12/22/2007 7:52:18 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: TLEIBY308

LOL, I meant a ‘free’ one for being ‘homeless’ in the summer.


29 posted on 12/22/2007 8:25:09 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down to their level, then beat you with experience.)
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To: OneLoyalAmerican

bmflr

.

.

.

According to Intrade, the winner of the December 12th GOP debate was... Duncan Hunter.
http://www.freerepublic.com/focus/f-news/1938773/posts


30 posted on 12/22/2007 8:33:50 AM PST by Kevmo (We should withdraw from Iraq — via Tehran. And Duncan Hunter is just the man to get that job done.)
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To: OneLoyalAmerican

31 posted on 12/22/2007 8:41:55 AM PST by ThomasThomas (An investigative journalist is one who uses spellcheck.)
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To: OneLoyalAmerican
I just caught that paragraph on Yahoo! myself.

It's amazing what passes for journalism these days.
32 posted on 12/22/2007 9:42:30 AM PST by The Pack Knight (Duty, Honor, Country.)
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