Ken Finney wrote:

Only if you will explain your socialist ranting!

Why, pray tell, will a real estate crash occur if Bush is reelected?
Is it because of "jobs going away"? As has been discussed here before,
the US has done pretty good in the "jobs going away" issue, compared to
other countries.

Is it because of outsourcing?
What are the democrats going to do to stop it? We all know how well
protectionism worked in the 1930s.

Is it because of Iraq?
I've "wargamed" what would have happened had Al Gore been elected,
and every situation I've been in has had the US at war with some country
by now.

Is it because Bush lost the "popular election"?
There has never been a "popular election" for President, nor will there
ever be one. The Electoral College vote has disagreed with the popular
vote four times, 2000 wasn't the first, nor will it probably be the last.

If Bush does not win re-election, the democrats will probably win one
or both sides of Congress. They will then attempt to do to the US what
they did in California. If that doesn't create a real estate crash, I don't
know what will.


There is a REAL probability that the Fed will have to raise interest
rates to accomodate the Dubya's deficit. The usually inscrutable Mr.
Greenspand all but said so yesterday. That will definitely put the
breaks on housing starts and greatly restricts the Fed's options for
avoiding inflation.
--
Glenn Ashmore

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