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Old 05-13-2008, 08:35 AM
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ViRedd ViRedd is offline
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Originally Posted by heywhatsthatsmell View Post
the government has to do something about the housing market and forclosures. its along with the war is why our countries in the shitter. Once people can make there payments there going to have more disposable income to spend. So it helps just like our stimulus checks. Also once the banks stop closing on everything interest will go down and people will buy houses. And then construction workers wont be in slump and they have money to spend.... Once we fix this were gonna be on the right track...well maybe next century after our 100 year war!
1. We are in "the shitter" because the Federal Reserve continued lowering interest rates to the point that the country was flooded with dollars, thereby lowering interest rates to an artificially low level.

2. The stimulus checks are nothing more than a pre-election carrot on a stick. The money is being borrowed, probably from China. When the checks arrive, Americans can go out and buy more Chinese made goods. Whose economy is being helped by the stimulus checks? ~lol~

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