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"Real Financial Heroes" needed in CA!


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2007 May 10, 9:30am   25,374 views  246 comments

by HARM   ➕follow (0)   💰tip   ignore  

Housing woes to continue, expert says
Economist says downturn could weaken state's financial future
Contra Costa Times 05/10/2007

“The malaise in California home building will hound the state for a while longer, a top state government economist told an East Bay gathering Wednesday. Even worse, California is particularly vulnerable to ripple effects because the state depends on housing and home building for a greater share of its economic activity than other regions, said Howard Roth, chief economist with the state’s Department of Finance.”

“‘I see no signs that the housing downturn will abate any time soon,’ he said during an interview after his speech.”

“...Roth warned that the weakness could be even more severe based on the first-quarter home building activity. ‘To keep us out of recession, we need for consumers to continue to spend through the rest of 2007,’ Roth said.”

Have YOU been doing your part for Clownifornia's economy? How many bidding wars have you "won" lately? How many plasmas, boats, RVs or spousal "enhancements" have you bought with the house ATM this year? None?!? Why do you hate Amerika...?

Do we really need to make renting and saving a criminal offense? Enough already --stop your whining and get out and start spending, dammit!!

Uncle HARM

#housing

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246   Randy H   2007 May 14, 3:59pm  

Peter P

I doubt anything will come of it, to be honest. Just pointing out how libel works.

I don't have to prove I'm telling the truth so much as they have to prove I'm lying. That's why libel is very hard and seldom pursued. The truth is absolute defense against libel. Reasonable interpretations of the what one honestly believes to be the truth are usually pretty tight also.

They'd have to convince 12 jurors that I was intentionally lying with the goal of causing harm to their organization. All I'd have to do is show my screen-shots and those 12 jurors would exonerate me and call for the company's management to be sent to the gallows.

People have zero tolerance for child exploitation -- that is unless they are sicko f-ck fanbois in love with their own hand-mouse-keyboard autoerotic addiction.

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