Ilikehappyppl

Home sales climb 2% in October - Nov. 19, 2012

This is great! Keep rocking USA! We've got a long road ahead but we are fighters and will get there!

__________________
America's present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration.
Warren G. Harding









To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

RI Patriots fan

Home sales are increasing because they're already low to begin with and mortgage rates have been artifically lowered thereby rewarding spending and punishing saving. Just more bubble making by the Keynsians.

Ilikehappyppl

Nice, that only took 6 mins before someone came in here with an conspiracy theory!

Its good news! Deal with it!

GO USA!

__________________
America's present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration.
Warren G. Harding









To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

RI Patriots fan

Conspiracy theory.....wow. It is commonly known interest rates are being artifically pushed down to spur home buying.


"Mortgage rates again fell record low levels this week, as the Federal Reserve's decision to buy billions in home loans for the foreseeable future continued to lower costs for would-be home buyers.
The Fed announced Sept. 13 that it would be buying $40 billion in mortgage-backed securities each month for the foreseeable future. The idea of the purchases, popularly known as QE3, is to spur economic activity by pumping more cash into the economy and driving down rates. Those taking out new home loans, either to purchase or refinance, will be among the first beneficiaries of the Fed's policy."


Mortgage rates hit record low again - Sep. 27, 2012


Just another bubble being created....you do remember what bubbles do, right?

PatsFanInVa

RI Patriots fan

Yes...Keynesians at work.

DocHoliday

Do you even know what Keynesian means?

__________________

RI Patriots fan

lol....yes. Very much so. Do you?

PatriotsReign

Japan does, that's for sure.

What the hey....let's just start another WPA now!!! We'll just add millions of Americans to the federal payroll...while we're at it, let's re-open soup kitchens too.

That way, we can ensure that those people will vote to continue bigger gov't...it's the "will of the people!"

shmessy

Unlike the previous "conservative" President who took us from annual surpluses to deficits and simply mailed $300 checks to people (twice) and told everyone that it was their patriotic duty to go to the malls.

Give me the more responsible Keynesians any day.

BTW, RI, who appointed Ben Bernanke?

__________________
"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com