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Yup, it's both ways where I'm at. A couple areas are flush with people and cash, yet some others in the same zone are full of empty homes....most notably where the largest home building expansions happened in the last 8 years or so.
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ugh, i really think it depends on where one is...
interesting...when we came to where we are now the sub divisions where full of houses for sale and foreclosures....and it's still going on.
our daughter left her house up north and just moved to nc....it's booming there...they can't get enough teachers because of the influx of people ....caterpillar is opening a new factory...the military is opening up a huge officers base....the properties are still really high..there are few good deals around that area...
i guess it's just where you are?Last edited by tobee43; 08-31-2010, 03:06 PM.
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I won't get into a political debate here. LOL
I will say though that in my area you would not know there was any kind of recession. Every fast food place and restaurant chain is packed 7 days a week at all hours. Enormous homes are being built and LIVED IN. I cannot believe that someone can actually afford them. New strip malls are popping up all over with high end stores and the parking lots are packed. Man, I hope they are all not living on credit.
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One simple rule by the Obama administration would have done some good. Tell the big banks that the money they got was to be used only to shore up and fund those good loans that they were behind on funding, most of which were commercial and real estate construction loans. that rule would have forced the banks to take care of what they had promised, kept businesses going on projects they currently were involved in, kept workers on the job, and limited the number of housing mortgage failures. Instead, Treasury Sec. Geithner issued the statement that banks should only use the federal money for NEW loans, not existing ones, giving the big banks the green light to screw over their borrowers right and left and place the good projects into the pockets of insiders' new companies for pennies on the dollar. Is is any wonder that businesses throughout the nation are scared to do anything or hire anyone? As long as such corruption is sanctioned and encouraged by the federal government, no middle class business has a chance.
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Well you didn't make a mistake voting for him -- your really didn't have much of a choice. Sadly we have little hope with the D's and no hope with the R's.Originally posted by bulletproof77 View PostI'm still waiting for my high dollar "green job".....Like THAT will ever happen..Even though I made the mistake of voting for him, Obama has turned into an elitist who can't see the forest from the proverbial trees..Out of all his promises, he has yet to fulfill one..Wasn't HAMP such a big success..?
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I'm still waiting for my high dollar "green job".....Like THAT will ever happen..Even though I made the mistake of voting for him, Obama has turned into an elitist who can't see the forest from the proverbial trees..Out of all his promises, he has yet to fulfill one..Wasn't HAMP such a big success..?
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What worries me most is the amount of civil unrest that is sure to develop when more and more people become homeless with their joblessness. They too have families and need to provide for them and will do anything to survive. If our govt is unwilling or can't defend our country from illegal aliens than they surely won't protect its citizens from the crimes of legal citizens. Obama and his ilk are a curse on this country. I don't see this situation improving in my lifetime even long after Obama is thrown out. I recently drove cross country and almost all towns and cities are suffering his ill conceived economic plan to destroy the average hard working family.
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Exactly how is he worse than Bush? Has he taken a vibrant economy with a surplus and utterly destroyed it?Originally posted by BobWang View PostI am.... For his ineptness... Obummer will go down as the worst president in modern history even worse than the peanut farmer from Georgia....
Has he started 2 unsustainable wars - 1 on false pretenses?
Did he approve the United States torturing?
Was it under his watch that we began the largest financial meltdown since the Great Depression?
What exactly should/could Obama have done different so far?
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i tend to agree.its his way or the highwayOriginally posted by BobWang View PostI am.... For his ineptness... Obummer will go down as the worst president in modern history even worse than the peanut farmer from Georgia....
he tries to force his policies down everyones throats whether u like them or not
socialist
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i am notOriginally posted by msm859 View PostI trust your not simply blaming this on Obama.
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In response to:
"Desprit....would you mind sharing what state you practice in?"
The great wild west State of Az.
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I am just thankful to have a job now days, even if it does not pay a lot, it still gives me a chance to put food on the table.
I don't know if things are going to get better anytime soon. Consumer spending is still down. I even had a yard sale the last weekend and it was depressing that everyone is looking, but no one is buying.
It think it will be years before a recovery truly begins. Consumers have to feel comfortable in spending, and most people will not by luxury items in fear they will not have a job. I know it will be a long time before I feel comfortable in shopping and I sure there are plenty of people that feel that way right now. Even going to a movie is expensive and that is money that I can put into my savings account. One night of fun is not worth the stress in the end by feeling guilty for spending that money. I have the mind set that even 50 extra dollars can be put towards my saving account and used for my emergency fund.
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