Re: Housing Crash Continues

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#2019

From: RG
Date: Fri, 15 Dec 2006 05:48

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Anonymous wrote:
> The real estate market hasn't yet bottomed 
> out, Wells Fargo & Co. Chief Executive 
> Officer Richard Kovacevich said yesterday in 
> an interview.
> 
> The company, the nation's biggest lender to 
> homebuilders, expects the housing market 
> decline to end by ``late spring.'' About a 
> fifth of the 375 metropolitan statistical 
> areas in the country have had home price 
> decreases of 20 percent, he said.
> 
> ``It's pretty ugly at the moment,'' 
> Kovacevich said. Home prices are ``really 
> down much more'' than recent economic 
> reports suggest, he said, citing the 
> company's internal data.
> 
> --You gots to axe yoself, who benefits?  The 
> jews.
> 

I dribbled some coffee on my carpet today...

You gots to axe yoself, who benefits?  The
jews! Through their international cartel of rug manufacturers.

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