Comments on: It’s Housing, Stupid

By: Posts about Mortgage Market Report as of July 9, 2009 | Real Estate Market Reports

Thu, 09 Jul 2009 22:14:32 +0000

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By: HSR0601

HSR0601 — Thu, 09 Jul 2009 19:10:19 +0000

In regard to the stimulus investment, my understanding is as follows:

1. The current surging fuel cost is overwhelming the market rally.
And the pending clean energy bill might serve as a second stimulus package world-wide boosting private investments.

2. People are so worried about losing their job, coverage, denial of treatment, which seems to increase bank deposit latetly. That means stimulus funding mainly goes toward bank deposit for a rainy day increasing jobless rate. It proves again that a healthy society yields better productivity, prosperity.
It is time to 'Change' the notion of the public health as a fundamental human right and install 'a safety system for all' like all of the other industrialized nations, I think.

3. The stimulus funding begins to mobilize just 11%, meanwhile, the auto industry has moved to its restructuring with the massive job-related impact.

4. The pandemic swine flu has been hurting the global economy seriously.

Thank You !

By: It’s Housing, Stupid

It’s Housing, Stupid — Wed, 08 Jul 2009 19:54:45 +0000

[...] News Sources wrote an interesting post today onHere’s a quick excerptThe Grand Old Party is having a Grand Old Time blasting the Democrats for June’s uptick in unemployment. Rep. Eric Cantor (R-Va.) said the newest figures are indication that Democratic leaders should have heeded Republicans earlier this year and dedicated much more of their $787 billion stimulus bill to tax cuts. Sen. John Cornyn (R-Texas) told The Washington Post this week that the new jobless numbers foreshadow “significant problems” for the Democrats in next year’s midterm elections. An [...]