“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.
(Visited 18 times, 1 visits today)
Pingback: Housing-stimulus bill realities | VARbuzz