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To: Sunnyflorida

No, I’m afraid the people who don’t realize what a mess this economy is in are stuck on stupid. When the houseing market died it started the long slide we are experienceing. Until it’s stabilized we are in deep poop... and it will cost us all a lot more than $300 billion.


91 posted on 10/07/2008 10:43:02 PM PDT by Arizona Carolyn
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To: Arizona Carolyn

There is only one way to stabilize house prices and that is to allow them to fall to a price were buyers step in. There is no other way.

Read Thomas Sowell Basic Economics before you construct a reply.


223 posted on 10/08/2008 7:34:09 AM PDT by Sunnyflorida (Unless you are nice and thoughtful you will be ignored. Write in Thomas Sowell.)
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