Q4 5.7 percent

Houses, like stocks, are worth whatever people will pay for them. There is no "out of line"...

Like a painting, it is worth whatever you will pay.

I belive that they are priced correctly for todays market.

I belive that in 10 years they will be selling for much more than they are today.
 
When is the double dip the Conservatives were hoping for?

Where is the Credit for President Obama from those who were blaming him just a few weeks ago?

There were "experts" predicting a possible double dip. You took that to mean conservatives wanted a double dip. A case of you seeing what you wanted to see.
 
Houses, like stocks, are worth whatever people will pay for them. There is no "out of line"...

Like a painting, it is worth whatever you will pay.

There's no out of line? What do you consider the housing bubbles? Fundamentals were all out of whack. I don't know the number but there is a ratio that is considered "healthy" for percent of income one should spend to purchase a home. In 2005 and 2006 that ratio was fubar.

Or if not to play semantics are fundamentals back in line today?
 
When is the double dip the Conservatives were hoping for?

Where is the Credit for President Obama from those who were blaming him just a few weeks ago?

FYI...


1) Who is HOPING the double dip happens other than far right wackjobs like Rush?

2) The S&P just broke down today (the Dow last week)... The S&P needs to bounce back over 1084 and the Dow over 10200 in the next week or so. If not... down to the next support levels we go. Which likely means a 10-15% correction (at best).
 
That's pretty friggin' good news.

I read that auto production was a big part of it, which I thought was interesting...

why? we spent billions of dollars and sold some cars....how do you think selling 700,000 cars is not going to temporarily make economic growth?
 
why? we spent billions of dollars and sold some cars....how do you think selling 700,000 cars is not going to temporarily make economic growth?

It's nice to see the U.S. auto industry - one of the last big manufacturing bases domestically - show some signs of life. That's all.
 
It's nice to see the U.S. auto industry - one of the last big manufacturing bases domestically - show some signs of life. That's all.

actually, the foreign owned auto makers made out better than the US companies

it was a false prop up of the companies, a bandaid, a temporary fix.....i doubt it will have any longer term or overall positive impact
 
so are you finally being honest and admitting you're giving obama credit?

?? Me personally, I dont give him credit yet, I belve he has not done anything to screw the natural recovery that was comming.

I really do not belive that on a day to day or even month to month level the President can do much about the stock market or economy.

I do belive that over a number of years the person in the presidency has a profound effect on the overall economy.
 
actually, the foreign owned auto makers made out better than the US companies

it was a false prop up of the companies, a bandaid, a temporary fix.....i doubt it will have any longer term or overall positive impact

What a shame that you feel like you always have to spin some decent economic news as negatively as you can.

Is that what your masters at the Washington Times tell you to do?
 
What a shame that you feel like you always have to spin some decent economic news as negatively as you can.

Is that what your masters at the Washington Times tell you to do?

tell me how the bandaid is permanent....i'm all ears, tell how the cash for clunkers is a good move, overall, long run, for the economy
 
tell me how the bandaid is permanent....i'm all ears, tell how the cash for clunkers is a good move, overall, long run, for the economy

Well, you can probably get most of the info you need from the Washington Times, but it's my understanding that the U.S. industry did well as a whole after "cash for clunkers" stopped, and that the forecasts for 2010 sales - even for GM - is pretty positive. GM does expect to return to profitability this year, with the new management team they have in place...

The worst is over...
 
What a shame that you feel like you always have to spin some decent economic news as negatively as you can.

Is that what your masters at the Washington Times tell you to do?

btw, your comment is not true. at first i was wholly supported of the cash for clunkers, claiming that it worked. however, as time has progressed, i've read reports and talked with dealerships (i just bought a new car) about he cash for clunkers and it appears that it did not work out as well as thought and the effects are temporary at best....

but i am not surprised at your dishonesty concerning my positions
 
btw, your comment is not true. at first i was wholly supported of the cash for clunkers, claiming that it worked. however, as time has progressed, i've read reports and talked with dealerships (i just bought a new car) about he cash for clunkers and it appears that it did not work out as well as thought and the effects are temporary at best....

but i am not surprised at your dishonesty concerning my positions

Did you read those reports in the Washington Times?
 
When is the double dip the Conservatives were hoping for?

Where is the Credit for President Obama from those who were blaming him just a few weeks ago?

Wheres the credit to me...I told all of you the economy would recover in spite of Obama.....:clink:
 
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