Posted on 01/03/2011 11:42:51 AM PST by Nachum
The ruling class continues to live high on the hog at the expense of the rest of the country -- staggering national debt, 10th Amendment and Great Recession be damned. The figures that follow are more consistent with an aristocracy, monarchy or plutocracy than our constitutional republic.
Home prices
According to the Washington Post, the Washington DC area experienced "the highest year-over-year home price gains in the nation this fall, as real estate values slumped in nearly every other metropolitan area." The article cited Standard & Poor's latest S&P/Case-Shiller Home Price Indices released last week. From October 2009 to October 2010, home prices dropped in 16 of the 20 metro areas studied. Of the four cities with increases, home prices in the DC area rose most: 3.7%.
From October 2010 to September 2010, home prices declined in all of the 20 markets tracked. Still, the nation's capital region enjoyed a relative advantage, tying Las Vegas for the lowest month-over-month decline, -0.2%.
(Excerpt) Read more at americanthinker.com ...
The employment part of it shouldn’t be any sort of a mystery; there’s zero manufacturing in the D.C. region.
They eat first, and will simply starve those dependent on their grace to the point of civil unrest.
Then they will simply declare martial law, and go about the “business” of government.
We have arrived at the tipping point.
I guess this explains why VA is becoming a blue state.
The sad thing is, you’d think that states like MI might turn red in response to failed Democrat policies which have destroyed the private sector, but they won’t.
What say you ....We the People.....
>>What say you ....We the People.....
“I’m mad as hell and I’m not going to ta, err, uhhhh....
Who’s winning American Idol and Dancing with the Stars between Viagra and Soma commercials this week?”
BTTT.
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