Free Republic

AP Home Sales Plummet in 38 States in 3Q Monday November 20 By Lauren Villagran, AP Business Writer Third-Quarter Home Sales Plummet in 38 States During the Summer; Home Prices Also Tumble NEW YORK (AP) -- The feeble U.S. housing market showed more frailty when third-quarter home sales plummeted in 38 states, hitting Nevada, Arizona, Florida and California particularly hard, government data showed on Monday. The once-booming real estate market's persistent weakness over the past year has reined in expectations for economic growth but hasn't been severe enough to offset a rising stock market, lower gas prices and improved consumer...

A U.S. government agency has begun a new audit to determine if the Bush administration has resolved inspection issues that would allow Mexican trucks to enter the U.S. freely...Since before the passage of NAFTA, a decision to allow Mexican trucks into the U.S. on a non-restricted basis has been hotly contested. On June 7, 2004, the U.S. Supreme Court reached a unanimous decision in Department of Transportation v. Public Citizen, ruling that Mexican trucks under NAFTA could enter the U.S. freely, even if the Mexican trucks failed to meet environmental standards as set by state and federal law. The decision...