Related to bailouts: The Housingwire site has a video interview with the president of NAHB. What a pathetic beggar he is.He wants legislators to work on his problem. According to this guy you have to stimulate the supply and demand side of his business to get the economy going.There is no problem with his the industry he begs for, of course. He is anticipating that Obama will provide the welfare benefits and hopes that Mr. President understand that little “bailouts” won’t do.
People have alot of nerve. Just to think, Obama can’t wait to turn his ecomomic team loose on solving this SOB’s pain.Gawd, I hope not.
Shelter is over blown and should be the first indsutry to begin normalizing to the real wealth of the nation. Same with cars.