patrick.net

From a Patrick.net reader:

What I wish you could do would be to go to Washington and have a face-to-face with Mr. Obama there! He can't possibly be as stupid as the things he's saying, like his bullshit talk about "restoring home prices." Restoring them to Bubble Prices? I understand he doesn't want people to lose all their monies, but the majority of those people bought stupidly or used their house to get "free money" and that's what happens when you live beyond your means. Obviously he must understand that we don't need to "restore" home prices, we need to CORRECT home prices to historically logical levels. Anyhow, I've got news for him. He can try to manipulate things as much as he wants. It's not going to work. Because in the end, people simply can't afford these prices with real-life salaries, unless they start up the free money machine again.

I agree entirely. There has been absolutely no press coverage or any political statement about how high house prices HURT people and how low prices are better. Let's all write Obama, our congressmen, and housing reporters with this simple message:

Lower food prices are good!
Lower gas prices are good!
Lower house prices are GOOD!

#politics