“The economy is addicted to easy money, inflationary programs of the federal reserve as well as deficit financing … there is some pain with it … hopefully we will soon wake up and change our ways, but today’s vote on the House floor dealing with he housing bubble there’s no sign that we’re about to tighten our belt and live within our means.”
Hat tip: Seeking Alpha
And here you have the National Association of Realtors lauding the bailout. Bother.
If you're new here, you may want to subscribe to my RSS feed or sign up for Email Alerts. This blog tracks the real estate market in the Charlottesville, Virginia region, local politics, technology and other matters impacting the local real estate market. Thanks for visiting!
Pavel -...
{ 1 trackback }
{ 0 comments… add one now }