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To: Matchett-PI
So much for the housing bubble :)

I think it's going to be a boom market too.... in multiple sectors.

14 posted on 09/07/2005 8:55:11 AM PDT by kjam22
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To: kjam22
"So much for the housing bubble :) I think it's going to be a boom market too.... in multiple sectors."

For the "BULLS", yeah. The negative Bears will find a good reason to nay-say everything and wind up cutting their noses off to spite their faces, though, as usual. LOL

35 posted on 09/07/2005 9:19:11 AM PDT by Matchett-PI ( "History does not long entrust the care of freedom to the weak or the timid." -- Dwight D. Eisenhow)
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To: All
I think it's going to be a boom market too.... in multiple sectors.

Not picking on this one particularly, but many of the posts in this thread seem to be based on the "broken window fallacy". Bottom line: instead of having a city and a hundred billion dollars, we will instead have a city and no hundred billion dollars. The nation will be poorer by that amount. The benefit to contractors in LA will be matched, and then some, by losses to other areas in the economy.

51 posted on 09/07/2005 9:48:27 AM PDT by Shalom Israel (Pray for the peace of Jerusalem.)
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