Tuesday, August 23, 2011

New Homes Sales off

http://www.newsvine.com/_news/2011/08/23/7449030-new-home-sales-fall-2011-could-be-worst-year-yet
Due to the Mortage lenders poor handling of foreclosure at the end of The Bush era. The have weeded out the old customers by ruining their credit. Loans and New homes are going to be down if no one can qualify for the loans.
The big paying CEO, EXEC wrote off billions to make them selves look good. You lose the money loaned and then remove them from the customer list they lost both ways. they have lost both ways. They should have worked with them so the loan companies would not lose it all. The EXEC, CEO, and CFO should be fired they are not worth their weight in salt.

Business can not survives if they don't have customer. As the credit market tightens up so do loans to Governments, Business, Lines of credit are reduced not based on the customer record.
The loan companies got greedy and lost their way. Cuts begets cuts. Once cuts start they will only stop when the company closes it door.  Companies have changed direction and choose to grow. America needs in the corporate world a change in leader ship. Fire all or the ones in charge of failing companies hire new blood.
Jobs on our soil so taxes are paid allowing to Government to borrow less.
Increase taxes on companies that manufacture their products on soil other than the USA. These jobs need to be jobs with depth so Families can live off the pay. Not jobs that they still need help to live.
Is Americans willing to pay for products and services at a rate that they don't need Government assistance.  Food Stamps, Government Health insurance.
The job should pay enough to make it more profitable to work than receive Disability benefits.
The American Market is one of the world most coveted markets in the world. The Government should charge foreign companies for it. Some say that is protectionism I say no it is Surviveism.
People in power want American to go global they have the power over the monies of the world to cause The USA to fail. Some are puppet, They look like The Tea Party, set on destroying American. We need control of our markets not Trade agreement with foreign countries.
Jobs on American Soil is the key And charges enough for our markets. Jobs one can live on.
At one time a house payment was figured to be one/fourth of a month's pay. Things are getting out of proportion .  There has to be a return of Jobs to American soil.

No comments:

Post a Comment