Wednesday, October 28, 2009

Home Sales -- Lesson In Big Government Meddling In The Market

Hah, totally unexpected --- Sales of new U.S. homes unexpectedly fell in September, a sign the Lamestream Media's ginned up housing recovery may lose momentum after a government tax credit expires. Really, why would you ever think that?

Hey how is automobile sales going after cash for clunkers ended?

Sales decreased 3.6 percent to a 402,000 annual pace, lower than the median forecast of economists surveyed by Bloomberg News, figures from the Commerce Department showed today in Washington. The median price of a new home dropped 9.1 percent from September 2008.

When government meddles, nothing goes according to plan. Keep that in mind when you hear that government rationed healthcare will be great... It won't it will drive up costs, decrease quality, and ration what's left.

Let's save we institute a government supplied food for you ... You need to get your gruel coupons from a federal office, and then you can go and exchange the coupons for your free food ... Soylent Green.




Far fetched, nope not at all, go with the government rationed healthcare, and see where that takes you. Oh no, tell me you weren't one of those Obamao voters?

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