Originally Posted by
PostmodernProphet
that's actually good news......I would rather have foreign investors buying foreclosed houses than buying fake treasury notes......
Of course you would.
I'd rather have a solid domestic policy and non-spoonfed-lefties buying beyond their means because they know Big Brother will bail them out with a promisory note from China.
What always gets lost here is it was Bill CLinton that made this housing debacle happen by signing acts that allowed insolvent people to buy crap they couldn't afford. The fact it exploded on Bush's watch is all lefties can see. They don't want to look deep enough to figure out their own socialist bullshit is the root evil here.
That wouldn't suit the propaganda, now, would it?
“When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke