The American Dream Is Up For Rent
Lawrence Summers, economic adviser to President Barack Obama, has often explained it this way: 'No one in the history of the world ever washed a rented car.'

by dagwood 1034 Reads
on Thu Apr 02 2009 Add to your ClipSwarm
Deciding vote went to: wolfer: +1

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+1 by Dumbskull
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cockroachFri Apr 03
 

'With a no-money-down mortgage, the couple bought a $235,000 three-bedroom house in Plano, doubling Ms. Discianno's round-trip commute to more than four hours.'

As soon as the economy shows a steady pulse, energy (oil) prices will be back with a vengeance.

(Supposedly) the investment capital that's gone poof in the last year, which would have been spent on exploration and development, means that global production yields are going to be millions of barrels a day lower than forecast ed in the coming years.

 
 
dagwoodFri Apr 03
 

Everybody's gotta pay to live somewhere('cept me). Least you ain't worrying about property taxes, or values going down, or painting, plumbing, electrical, insurance. Maybe the dream is a lie. Aparently unattainable for the likes of me.

 
 


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