California Realitors Predicts Home Prices To Fall ANOTHER 28%

To me, one of the things the media doesn't bother to put emphasis on - is the sucking sound that was caused by the folks and banks in California - and what they have done to this country. The hole that was dug there for ALL of the rest of the country to payoff - is disgusting and perhaps criminal. I say that because in NO WAY do I believe that builders, appraisers and banks weren't aware that what they were doing wasn't sustainable or even REAL - and smacked of FRAUD. To the rest of the country - what was going on in the heyday of California housing price rise was BEYOND BELIEF - and everyone but California (and Florida perhaps) - knew a crash was going to be the end result. Welcome to the result.



And, as amazing as it sounds - the headline above states just how much MORE things have to go to straighten out at some level in California. Can someone tell me why the entire country, indeed, the entire world - has to bail out a corrupt free-for-all that occurred in California? Can anyone doubt that if the `downturn' of The Great Recession continues for years, as it might, that Texas or other states not involved in the organized housing fraud in the west - might want to pull out of the USA? Just how many folks would be upside down on their mortgage if the values fell another 25%? Is California an endless pit of need? Will the media ever lay blame where it belongs?

This data is worth your two minute read.

http://housing-kaboom.blogspot.com/2009/05/realtors-predict-another-28-fall-in.html

Montana Nullifies Federal Gun Laws!

http://www.campaignforliberty.com/blog.php?view=17935 We can only hope that enough states start to push for their own rights - before the sheeple will gain any.

Thanks for visiting my NEW blog again today - if you are of a similar mind - please bookmark me and return - and please send my link to friends you have of a similar mindbent.