Comments on: Blowing Bubbles http://www.foreclosuretruth.com/blog/sean/blowing-bubbles/ Tue, 27 Jul 2010 17:07:33 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Joe Orange http://www.foreclosuretruth.com/blog/sean/blowing-bubbles/#comment-2761 Joe Orange Tue, 17 Nov 2009 21:15:04 +0000 http://www.foreclosuretruth.com/?p=1073#comment-2761 The government is doing everything to slow down the price decline of houses. But, eventually they will fail. The world is a different place than 10 years ago. The reason why we haven't had rampant inflation is because wages have been going down. American not only have to compete with other Americans but with the whole world. This dynamic is keep wages, goods and services low. The profits that wall street are report are because of cost cutting measures. The solution to the housing crisis, is not giving people handouts, but giving people opportunity. America has a lot of growth potential. It's sad to see that we are not investing in infrastructure and energy. The government is doing everything to slow down the price decline of houses. But, eventually they will fail.

The world is a different place than 10 years ago. The reason why we haven’t had rampant inflation is because wages have been going down. American not only have to compete with other Americans but with the whole world. This dynamic is keep wages, goods and services low.

The profits that wall street are report are because of cost cutting measures.

The solution to the housing crisis, is not giving people handouts, but giving people opportunity. America has a lot of growth potential. It’s sad to see that we are not investing in infrastructure and energy.

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