Building Is Booming in a City of Empty Houses

May 17, 2010 | Posted by: Mr_Bill | Full story: www.nytimes.com

After Housing Bust, Builders Dust Off the Boom Machine

In a plastic tent under a glorious desert sky, Richard Lee preached the gospel of the second chance.

The chance to make money on the next housing boom “is like it’s never been,” Mr. Lee, a real estate promoter, assured a crowd of agents, investors and bankers. “We’re going to come back like you’ve never seen us before.”

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“Open your eyes”

Since: Sep 09

Central Florida

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#1
May 17, 2010
 

Judged:

1

In a new false derivative market based on nothing and backed with nothing but bullsh!t speculation? more than likely.
Lance Winslow

Oakland, CA

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#2
May 17, 2010
 
Kahoki wrote:
In a new false derivative market based on nothing and backed with nothing but bullsh!t speculation? more than likely.
So?
Out economy has always valued profits over benefiting the American public.

“i hope we can change this!”

Since: Aug 08

usa

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#3
May 17, 2010
 
Lance Winslow wrote:
<quoted text>So?
Out economy has always valued profits over benefiting the American public.
yer right, lance...
we only need to look as far as the old soviet union to see how well "benefiting the public" over valuing profits works in real life.
Lance Winslow

Oakland, CA

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#5
May 17, 2010
 
carey529 wrote:
<quoted text>
yer right, lance...
we only need to look as far as the old soviet union to see how well "benefiting the public" over valuing profits works in real life.
Personnally, I favor the examples of American capitalists who held their workers in high regard, like Samuel Colt.

“i hope we can change this!”

Since: Aug 08

usa

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#6
May 18, 2010
 
Lance Winslow wrote:
<quoted text>Personnally, I favor the examples of American capitalists who held their workers in high regard, like Samuel Colt.
that was NOT your position, lance ... you used a blanket statement to condemn the entire free enterprize system when you SAID...

"Our economy has always valued profits over benefiting the American public."

a good example of why nobody takes what you say seriously
Robert

Brooklyn, NY

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#7
May 18, 2010
 
Another matter that has not received much media attention;

http://www.youtube.com/watch...

May God bless and have mercy on us.
Lance Winslow

Oakland, CA

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#8
May 18, 2010
 
carey529 wrote:
<quoted text>
that was NOT your position, lance ... you used a blanket statement to condemn the entire free enterprize system when you SAID...
"Our economy has always valued profits over benefiting the American public."
a good example of why nobody takes what you say seriously
I embrace free enterprise, but I feel it is not without some shortcomings, especially when matters wind up in the hands of perverts, criminals, mental cretins, the uneducated uneducatable populace and other far right extremists.

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