Flashback: Just Days Ago, Republican Lawmakers Said It Was ‘Essential’ To ‘Go Right At The Housing Problem’
Flashback: Just Days Ago, Republican Lawmakers Said It Was ‘Essential’ To ‘Go Right At The Housing Problem’
During the congressional debate over the economic recovery package, Republican lawmakers voiced their opposition to the bill by complaining that it did not focus on housing. For instance, Sen. John Ensign (R-NV), who voted against the economic recovery bill, said:
If housing is the problem with the economy that started all of this, if you don’t fix the problem that started it, it is like having a patient that comes into the emergency room with a gaping wound and you put a band-aid on it. … We have a lot of problems, but we need to fix the underlying cancer, and that is the housing crisis.
Were Republicans using the housing provisions as a cudgel to simply stall and defeat the recovery package? Or are they genuinely interested in solving the problems with the housing market? We’ll soon find out.
The American Recovery and Reinvestment Act, which President Obama signed yesterday, was not intended to focus on housing. Rather, as Obama noted, the stimulus was just one leg of a three-legged economic recovery stool. In addition to the focus on job creation, “we’ve got to deal with the credit crisis; we got to deal with housing,” Obama explained. Treasury Secretary Tim Geithner has already unveiled a plan to get credit flowing through the economy. And today in Phoenix, Obama will unveil the third leg — a plan to fix the housing crisis.
ThinkProgress has compiled a video montage recalling the statements of conservatives who, just in the past few days, called for urgently tackling the housing crisis. Typical of the conservative argument, Sen. Mitch McConnell (R-KY) said, “Number 1, we need to go right at the housing problem. That’s what started all this.” Watch the video:
Already, House Republican Whip Eric Cantor (R-VA) signaled his opposition to Obama’s housing plan before even seeing the details of the legislation. Will his fellow conservatives follow in his footsteps and soon forget their concerns about the addressing the “root cause” of the economic crisis?
Transcript:
JOHN MCCAIN: To go back to the fundamental problem that started this conflagration and that is housing. Until housing prices stabilize, the economy’s not going to stabilize.
MITCH MCCONNELL: There are two things that we think are essential. Number one we need to go right at the housing problem, that’s what started all of this.
ERIC CANTOR: A virus that began in the credit and housing markets has spread to infect the broader economy.
PHIL GINGREY: Because this whole mess started with the downturn of the housing market.
ROGER WICKER: Our ideas focused first on getting the housing market out of the gutter. The housing problem is what got us where we currently are, and it should be where we begin in turning our economy around.
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They will kick and scream about Obama’s plan, just because they can, and they don’t give a rat’s behind about ordinary people who are struggling. They are really holding America back!
February 18th, 2009 at 10:54 amRethugs were in favor of a solution of the housing problem before they were against it.
flip-flop, flip-flop, flip-flop
February 18th, 2009 at 10:57 amThe fact they’re against something before they even see any details really tells it all.
February 18th, 2009 at 10:58 amWhat was it that Steele said a few days ago? We have no reason to trust ANYTHING the rethugs say?
I suppose it’s even more fun when they begin to contradict themselves almost BEFORE the fact. . .
February 18th, 2009 at 11:00 amThey were for it before they were against it.
Let me guess, the Republican way to solve the housing crisis is:
Oh, and I almost forgot: invade Iran, outlaw abortion, and pass a Constitutional Amendment banning gay marriage.
February 18th, 2009 at 11:02 amThe republicans really don’t care about the vast majority of the people in this country. All of these supposed ‘principled’ stands based on their ‘convictions’ and ‘philosophy’ is a bunch of crap.
They are SCARED to death that the Democrats will fix the mess they left, leaving them powerless and irrelevant. That is why they are doing everything they can to stall, obstruct, etc.
They are playing with fire, and I have a gut feeling they are going to get burned badly in the Congressional elections of 2010.
February 18th, 2009 at 11:03 amYou go Cantor. Obstruct, obstruct, obstruct. There’s nothing the people love more than that when they’re struggling or scared. Trust me.
February 18th, 2009 at 11:03 amHousing Problem: Convenient scapegoat for voting “no”.
Now their total bluff is being called and they’ve never looked more like a gang of hypocritical, incompetent thugs – every last GOP memeber of the House will lose their seats over this.
February 18th, 2009 at 11:04 amWell, to be fair, “going at the housing problem” by milking it for all its worth and opposing Obama’s plan to “fix the problem” are not mutually exclusive. In fact, they are probably consistent strategies for the goal.
February 18th, 2009 at 11:04 amRubstructionism?
February 18th, 2009 at 11:05 amI thought I saw Mitch McConnell yesterday, but it was just a dog hanging it’s head out the car window, jowls flapping in the wind and slobbering all over everything.
Cantor, The Crusader! You go, dude! Except that soon you will discover that you’re out there going it alone.
February 18th, 2009 at 11:05 amBnF, you forgot to make both abortion and gay marriage illegal. Otherwise your list is perfect.
February 18th, 2009 at 11:05 amAs Michelle, the Idiot Tool Bachmann said yesterday: We’re running out of rich people. Yes, we are, Michelle, thanks to YOU and your butt-licking scumbags in Congress! yes, we are.
February 18th, 2009 at 11:06 amClearly, there is not a single Republiscumbag in the House who cares one iota about middle america. All they care about is robbing us blind and feathering their own vulgar nests. It’s time to rid ourselves of these sleazy obstructionists in Congress.
February 18th, 2009 at 11:06 amthe housing problem. That’s what started all this.”
but that’s just not true, is it?
i mean, housing loans was the vehicle with which the scam artists were able to glom onto incredible amounts of money,
but the repugs still want to convince the rubes that poor people caused this mess…
not?
and, is it really true, as cantor says, that 95% are paying their mortgages… that sounds high, combined with a “crisis”…
not?
February 18th, 2009 at 11:06 amMcCain: Along with BFF Gramm helped cause the problem
McConnell: Old school obstructionist, closet queen and Bush apologist
Cantor: New school obstructionist (takes his marching orders from Newt Gingrich)
Alright all you clowns, thanks but no thanks (sorry TPers, couldn’t help myself). Now sit down, STFU and let the grown-ups take care of fixing your mistakes…AS USUAL!
February 18th, 2009 at 11:06 amRethuglicans are disgusting wastes of skin!
February 18th, 2009 at 11:10 amWere Republicans using the housing provisions as a cudgel to simply stall and defeat the recovery package?
_______________________________________________________
Is rain wet?
February 18th, 2009 at 11:13 amThe repugs spent us into this mess and now that the Dems are spending us deeper into oblivion they want to haggle over how to do it? Is anyone in Washington an adult? At some point we’re going to have to have a grown up discussion about what to do with the U.S. economy. Throwing money at it is like giving the spoiled rich kid an allowance, there’s never going to be enough. Well, we’re broke Washington, so shut up, tighten the old belt and stop spending!!!!!
February 18th, 2009 at 11:16 amToday’s GOOP is today’s Confederacy. They’re losing, they know it, but are willing to go down for an ideology that’s obsolete.
While the nation cried “Yes We Can!”, Cantor and his ilk respond “Oh, No You Can’t!”
Party first, country be damned! President Obama, this is what GOOP bipartisanship looks like.
PEACE
February 18th, 2009 at 11:17 amI have already heard their talking points on CNBC this morning. It goes like this “What about the 90% of homeowners who are making their payments on time?” The same sleazy a-wipes who cheered the market while the banks were making these criminal loans and who complain about welfare recipients are complaining that troubled homeowners, who may have been laid off or ill with no insurance or whatever are getting something they are not. It is time to put these greedy bastards out of business. Everyone with (R) after their name or who supports someone with (R) after their name should be dismissed as a non-entity and kicked to the curb. They are disgusting.
February 18th, 2009 at 11:19 amYeah that’s a great idea drew — consumer spending and corporate investment have all but ground to a halt, and your solution is to stop government spending.
That’ll get the economy moving again.
Tell the truth, drew — you’re actually an economist at the Heritage Foundation, right?
February 18th, 2009 at 11:22 amBNF: outstanding list! And highly accurate too.
February 18th, 2009 at 11:23 amkasinca – so now it’s down to 90%? still high, i’d bet…
February 18th, 2009 at 11:24 amralphie;
February 18th, 2009 at 11:27 amdrew(or is it brew?) has been getting his talking points from Sam(not Joe)-the-nonplumbing-author-war reporter- GOP advisor-nontaxpaying economic guru.
Too bad for the heavy wire mesh over your window, benny, you’d have a better view.
February 18th, 2009 at 11:28 ambenwailer;
We all know that you get a hardon for chimpy and friends.
February 18th, 2009 at 11:28 ambenmaller Says:
I’m getting a tingle up my leg, or is that a tinkle down my leg?
It certainly wouldn’t be a tingle between your ears you twit.
February 18th, 2009 at 11:28 amIt’s funny how benmaller has ZERO to add. no actual policy ideas or anything that resembles an actual thought. just reactionary garbage from someone who really doesn’t have the synapses to fire off a cogent idea or criticism.
see, the lamest thing with your whole “Messiah” trip is that unlike YOU and your ilk, I believe that most of hear are definitely NOT in the business of hero-worship. your playful chiding of us for not emulating how subservient you were to a horrible president is pretty darn pathetic.
February 18th, 2009 at 11:32 amAs usual, when a repug uses a statistic you have to be very careful. We all know where they pull them out of.
And benny, TMI.
February 18th, 2009 at 11:32 ammenballer — er, benmaller — last night I distinctly heard Mr. Sucks tell you his secret of wearing adult diapers while he’s blogging. That would have taken care of that tinkle down your leg.
You have no one to blame but yourself.
February 18th, 2009 at 11:33 ambenwaller has been reported for abuse so he can take his potty break. He has nothing to offer and is wasted bandwidth.
February 18th, 2009 at 11:35 amTweedster Says:
It’s funny how benmaller has ZERO to add. …
and yet, since it’s arrival, ALL the attention and comments go there…
conundrum…
February 18th, 2009 at 11:35 amIt’s not really their fault, Tweedster. They’re hard-wired for authoritarian hero worship AND they’re also incapable of empathy. That utter lack of empathy makes it inevitable that they will project their own flaws onto others (being psychologically incapable of imagining another reality) and since they’re predisposed to hero-worship, they assume others are as well.
Really not their fault.
February 18th, 2009 at 11:37 ami’d appreciate some serious answers to my questions @15…
but, have your fun…
February 18th, 2009 at 11:38 amI’m not going to give much credence to a poster who can’t tell the difference between restless leg syndrome and p*ssing his pants, and makes sure we know about it.
February 18th, 2009 at 11:38 amI’m sorry, do we have 4 trillion dollars I’m not aware of? That’s what we need this year to fund the government we have AND the stimulus. We are expecting to collect 2.7 bil (OMB numbers, not mine). For you mental giants, that’s a 1.3 TRILLION dollar shortfall. Of course the spending is of money we don’t have, so will that 2.7 bil really be more like 2 bil when the dollar tanks against the inflationary pressures of that same dollar when it is printed en masse (think sand, plentiful AND cheap). Don’t need an economist to figure out that a 1.3 trillion dollar shortfall is a bad thing in the face of cheap dollars. Say, wasn’t it cheap dollars that started the housing mess in 2002?
February 18th, 2009 at 11:39 amkaty Says:
Tweedster Says:
It’s funny how benmaller has ZERO to add. …
and yet, since it’s arrival, ALL the attention and comments go there…
conundrum…
True – I just had to point out the hypocrisy of someone trying to make fun of people by claiming they worship so-and-so, when they themselves did the same thing for eight years. Compound that by the fact that the ONLY person to post here that refers to Obama as the Messiah is that idiot, it was too much to take.
February 18th, 2009 at 11:41 amFor you mental giants,
February 18th, 2009 at 11:41 am—
Any chance we can get drew3rd to post a curriculum vitae. This endless implied superior intellect get so friggin’ tedious..
benmaller:
Haven’t had this much excitement in Phoenix since Jordin Sparks won American Idol!
First ben describes his life as a urinary incontinent and now he’s telling us about his favorite teevee show. I feel like he’s becoming a part of the family.
February 18th, 2009 at 11:42 ambenmaller Says: Haven’t had this much excitement in Phoenix since Jordin Sparks won American Idol!
You’re still bitter that he won, aren’t you? It shows…
February 18th, 2009 at 11:43 amtweedster – it wasn’t personal… and not meant to single YOU out…
February 18th, 2009 at 11:44 amthanks
Hey melonball and friend.
I’m giving money to the DNC based on the volume of posts you guys put up.
If you want Harry and Nancy and Barack to get more fat checks from me, just keep right on with the jibber-jabber.
I am happy to make you the Democrats’ #1 fundraisers at TP.
I’m sure you’ll both feel better to know your efforts are worth something.
February 18th, 2009 at 11:45 amdrew3rd Says: I’m sorry, do we have 4 trillion dollars I’m not aware of?
You should hav woken up 6 years sooner when Bush asked for $3 trillion to blow up a third world country, and give taxes cuts to tax dodgers… After all, THAT and not Obama’s attempts to fix it (costs money when you go to the hospital after hurting yourself for a reason) are the deficit problems we now face.
Blame the right people – Republicans.
February 18th, 2009 at 11:46 amBM – I think Sheriff Joe tried to arrest him for fraud but the SS held him off.
Geithner isn’t Hispanic, so Sheriff Joe doesn’t even see him.
February 18th, 2009 at 11:46 amkaty Says:
tweedster – it wasn’t personal… and not meant to single YOU out…
thanks
No worries katy, I’ll make sure not to have such an ego as to respond specifically to non-specific posts…
February 18th, 2009 at 11:48 amTedious perhaps, but drew has precious little else on which to base this argument.
I say we give him some latitude to demonstrate his mental prowess, since he is so contemptuous of ours.
He’s off to a slow start, but then GWB got off to a slow start in life too, and look where he ended up.
February 18th, 2009 at 11:48 am@39 Mr. drewche – When that happens, it will still be the fault of the Republican’ts. Know it, own it, and get over it. Bitter, bitter little beyatch.
February 18th, 2009 at 11:49 amdrew3rd Says: Say, wasn’t it cheap dollars that started the housing mess in 2002?
No it was degregulation stated by Reagan… Why do you think FDR put them in place after the Great Depression? I really wish you Cons would learn some factual history for once.
By the way – you can google it – the people who took mortgages bigger than they could afford were primarily upper middle class folks who bought $750,000 million McMansions, not the poor people you like to blame.
February 18th, 2009 at 11:49 amActually Katy, in answer to 15, you are incorrect. Fannie directed federal monies lenders to accept low income, high risk loans. The Fed began printing copious anmounts of cash in 2002. This generated a nice pot of money to lend. If you can give loans to poor people who can never pay back their loans, can’t you do the same for the middle class and rich? The answer was yes! The majority of defaults is investment speculators, and yes it is between 93 and 95%, depending on the reporting service. However, giving poor people loans they couldn’t repay and cheap dollars was the catalyst. Your culprits are Barney Frank, Chris Dodd, Charles Schumer and the Clinton administration. I’ve been discussing, on other threads, how poor we are at getting rid of dirtbags who are Democrats. We can get rid of these guys, that would be a great start, but we have to get rid of the spending mentality that pervades Washington. Spending creates debt, not recovery. I don’t care what those idiots Limbaugh and Hannity say. The National debt is a National embarassment. It’s time to tighten Washington’s belt, sit down at the kitchen table and balance the budget. Clinton was able to balance the budget by cutting federal programs (welfare reform) and cutting taxes. Bush cut taxes and increased revenues to almost 3 trillion, however, the idiot spent money like it was his daddy’s. That’s why we are broke.
February 18th, 2009 at 11:50 amRalph, very good observation – I wouldn’t be surprised at all to see Mr. Drewche rise all the way to 37th out of 43.
February 18th, 2009 at 11:50 amdrew3rd Sez: “That’s why we are broke.”
(ahem) Iraq… Afghanistan… Halliburton… KBR… Enron…
February 18th, 2009 at 11:56 amdrew3rd Says: Bush cut taxes and increased revenues to almost 3 trillion, however, the idiot spent money like it was his daddy’s. That’s why we are broke.
You could have avoided all the ridiculous ‘blame’ Clinton’ preamble in your post and just said this last line. Yes – Bush is to blame for his unmitigated spending. It has NOTHING to do wih poor people.
February 18th, 2009 at 11:56 amAmerican madepickup eh benmaller?
February 18th, 2009 at 11:57 amThat’s the way manballer – you’re making money for Nancy hand over fist. Good job!!
February 18th, 2009 at 11:58 am“maybe a stalled pickup truck load of palm fronds on the freeway?”
I believe it is an overturned trailer of rotted oranges cleaned up in the wake of McCain’s visit.
February 18th, 2009 at 11:59 amOh, good. drew is not spewing the “Fannie and Freddie” talking points directly from his copy of the memo. He even tries the neat two-fer of locating the start of te crisis in 2002, when Republicans controlled the government, and still blaming it entirely on Democrats.
I notice it’s all a nice capsule description, however — no sources cited, no statistics. just drew’s (or more properly, John Boner’s) interpretation of history.
Strangely, it’s an interpretation that clashes with more detailed examinations such as this one at investopedia.
Yet drew not only figures that a powerless party somehow sabotaged the world financial system, but that the way to get the economy moving again is to stall the only remaining dependable source of spending.
Maybe drew’s not from the Heritage Foundation. Maybe he’s with the Club for Growth.
February 18th, 2009 at 12:06 pmIt’s ironic all of Cantor’s p1ssing and moaning about the fairness of where the aid will go when he voted to give a huge corporate welfare check to the very bank that his wife is an executive for:
http://www.mgwashington.com/index.php/news/article/employer-of-cantors-wife-benefited-from-bailout/2448/
manballer and drool3rd: please don’t lose sight of the unavoidable fact that your precious Bush and his leg humping brethren in Congress OWN this financial mess, did nothing about it and now it’s time once again for the Democrats to clean up your shitpile. If the government does not inject money into the economy do you think it will fix itself? Oh sorry, my mistake for asking you to think. Never mind, don’t hurt yourselves. A better question would be what do FOX and Rush think will fix this crisis? More tax cuts??????? More deregulation??????? Reagan’s theory has worked just great so far…right???
February 18th, 2009 at 12:07 pmTrying to blame the financial crisis on Barney Frank is like trying to blame the NY Jets late-season collapse on the assistant to the traveling secretary.
February 18th, 2009 at 12:14 pmAre you on Camelback, bennie?
February 18th, 2009 at 12:14 pmHey… the GOOP is being completely consistent here…
They’re going right at the housing problem…
So they can blame it all on the Dems…
And do nothing…
And claim this represents a tremendous victory for them…
The GOOP is back, baby! And don’t you forget it!
February 18th, 2009 at 12:19 pmbennie sez…”I’ll probably be able to hire extra people just to handle all the new clients who will want to become “troubled homeowners” just to get in on the gravy train.”
Undoubtedly you have a large pool of destitute real estate investors to draw from who lost their asses this past year in their greed to flip houses. I’ll bet the realtors who pocketed all the commission checks on those inflated sales are keeping their heads down in the bunkers of their dessicated golf courses.
February 18th, 2009 at 12:26 pmbenmaller Says: Can’t wait for the details of the housing bailout, it’s going to affect my business for sure.
If you’d stop thinking that it’s all about you, and suporting people who do, we wouldn’t be in this financial crisis to begin with.
February 18th, 2009 at 12:27 pmDon’t think that’s gonna happen. menballer — um, benmaller is a Republican, after all.
February 18th, 2009 at 12:30 pmbenmaller Says:
Nevar Says:
Are you on Camelback, bennie?
I ain’t no Arab.
But seriously, You know Camelback is Scottsdale and N. Phoenix. We’re in Mesa, Guadalupe appropriately enough.
Is Ben actually John McCain?
February 18th, 2009 at 12:34 pmActually, Tweedster, I think McCain is a little more lucid than our friend men — er, ben.
February 18th, 2009 at 12:43 pm“If housing is the problem with the economy that started all of this, if you don’t fix the problem that started it […] We have a lot of problems, but we need to fix the underlying cancer, and that is the housing crisis.”
Errrhmmm….!
As I understand it the “underlying cancer” was the deregulation of lending and mortgage practices that allowed investment firms to create mortgage-based “investment vehicles”, the value of which was not based on the market value of the houses but on the trading of the mortgage packages which encouraged the buying and selling of those mortgage packages rather than the buying and selling of the houses to which they were ‘attached’.
To make the “mortgage investment vehicles” a more desirable market investment (than say, oil futures), home buyers were encouraged to borrow more by buying more expensive houses than they otherwise would have, thus inflating the price of the mortgage and thus inflating the potential and price of the derivatives which resulted in larger commission fees (charged as a percentage of the ‘value’ the investment package which in turn relied on the ‘value’ of the mortgages).
The bigger the mortgage the more that could be earned from the interest (and the more that could be earned from the investment package), thus house prices rose and demand for mortgage-backed investment vehicles rose too. But this scheme was predicated on the idea that the home-buyers would be able to keep up with the interest payments. However the average home-buyer’s wages were stagnant, as was employment, and the cost of living was increasing. The investment banks and the investors couldn’t or wouldn’t see this fundamental threat to their business model. Just as the homeowners were persuaded (or persuaded themselves) to borrow more than they could really afford, so too did the investors in the mortgage-backed packages, whilst the brokers consolidated their businesses around the packages at the expense of other investment vehicles and due to the paper profits being generated (actually just projected profits) they borrowed too.
So when home mortgage owners en masse fell behind in their payments due to increases in other expenses (energy, health, food etc) or through pay cuts or job loss, their mortgages lost their value because they had to stop paying. The investment packages thus lost their value and the investors and brokers lost the income they were counting-on to pay the interest on the money THEY had borrowed (and spent on junkets and executive jets for instance) too.
I’m sure a large percentage of the money ‘lost’ as a result is imaginary—the various market valuations being based on assumed future profits—but as that’s how a lot of ‘high finance’ works ‘imaginary’ losses are effectively real.
IMHO it wasn’t just the housing market that was inflated, but the financing market, because so much is based on credit which is based on yet more credit and the major problem is that whilst it can take months for a physical asset to be sold, before a profit or loss might be realized it takes only seconds for the financing of that asset to deliver the same. No wonder the housing market and thus Wall Street and the US economy rose and fell so quickly—it was built on sand.
February 18th, 2009 at 12:43 pmBen keeps count of McCain’s houses for him.
February 18th, 2009 at 12:50 pmThis is great – I knew Obama would make the best President ever, but I failed to appreciate how far under the skins of Righties he would get – and in such a short time!!
Time to buy some pharma stock, I guess. There’s gonna be a 4-year boom in valium, xanax, oxy, etc.
February 18th, 2009 at 12:50 pmNo, 5th Estate, you’re wrong.
It was Barney Frank forcing Fannie Mae to give mortgages to lazy welfare recipients what caused the crash.
drew3rd said so.
February 18th, 2009 at 12:53 pmbenmaller Says:
Holey Crap!! He’s making sense so far, He actually understand the problem, He must have read my e-mail.
Gosh, you are a jokester! Youbetcha!
February 18th, 2009 at 12:57 pmWith a little work, he’ll be right up there with Dennis Miller!
Set that bar high, ben!
February 18th, 2009 at 1:01 pmNo, ben. What do you mean?
February 18th, 2009 at 1:09 pmbenmaller burps:
BTW our golf courses have never been in better shape, we have so much water here that SRP is releasing excess from the reservoir system. Must be that Global Warming deal, know what I mean?
Funny how public infrastructure like dams, all the piping and sewer work, help you and your idiots buddies fumble around the links.
February 18th, 2009 at 1:10 pmIt’s comforting to now that, if we ever start to wonder whether right-wingers really are as delusional as we think, menballer — I mean, benmaller is always around to reconfirm it.
February 18th, 2009 at 1:10 pm“We should be focusing on what works,” Lindsey Graham, a Republican senator from South Carolina, told the FT. “We cannot keep pouring good money after bad.” He added, “If nationalisation is what works, then we should do it.”
Thought I would post this and watch the Trolls heads explode!!!
HaHa! (in my best Nelson Munze voice)
February 18th, 2009 at 1:11 pmbenmaller Says:
Holey Crap!! He’s making sense so far, He actually understand the problem, He must have read my e-mail.
Not so much…he trashed it right away…seems how you start out with a typo, and a sentence structure that is near 4th grade level.
February 18th, 2009 at 1:22 pmbenwaballer Sez: “BTW our golf courses have never been in better shape, we have so much water here that SRP is releasing excess from the reservoir system. Must be that Global Warming deal, know what I mean?”
I do know what you mean. All that watering of your fairways evaporates straight up into the permanent brown inversion cloud that hangs above your “Valley of the Sun.”
February 18th, 2009 at 1:26 pmLOL
benmaller Says:
If it’s good the elites…(WTF, you are a moron)
I can’t golf anyway…
…and you don’t do grammar very well, either.
February 18th, 2009 at 1:32 pmIf there was ever a metropolis built in the wrong place, it is Phoenix, Arizona.
February 18th, 2009 at 1:38 pmThere is nothing there to support its existence.
Food, water, energy, everything needs to be piped in, trucked in, flown in, dragged in.
It sucks water from across thousands of miles, and pumps it up into a filthy brown cloud that reeks of toxicity and ill health.
No one will want to be within 700 miles of the place when the water dries up and the lights go out.
I guess it shouldn’t come as a surprise that wingnut trolls can’t tell the difference between fantasy and reality. It’s that inability that allows them to function as wingnut trolls.
February 18th, 2009 at 1:53 pmWeren’t houses overpriced? That’s what the bubble was about, yes? Seems to me that housing prices is one of those things that “the market” will correct in time.
February 18th, 2009 at 2:18 pm#5 Briseadh na Faire
Don’t forget the coastal waters too.
Roll back all those environmental and worker safety laws so that “exploring for energy” and “clean coal” can be more profitable affordable.
February 19th, 2009 at 6:29 pm