Anybody getting ready to scoop up some bargain property in New
Orleans? All those homeowners who are bailing out (literally) are
going to need to sell to somebody. As long as you can buy it cheap and
hold onto it for a few years, you should make a killing...
On Wed, 07 Sep 2005 22:13:33 -0700, Scott en Aztlan
<> wrote:
>Anybody getting ready to scoop up some bargain property in New
>Orleans? All those homeowners who are bailing out (literally) are
>going to need to sell to somebody. As long as you can buy it cheap and
>hold onto it for a few years, you should make a killing...
Where is the government going to get the money to rebuild the
city...IF they rebuild it?
On Thu, 08 Sep 2005 06:11:32 GMT, wrote:
>>Anybody getting ready to scoop up some bargain property in New
>>Orleans? All those homeowners who are bailing out (literally) are
>>going to need to sell to somebody. As long as you can buy it cheap and
>>hold onto it for a few years, you should make a killing...
>
>Where is the government going to get the money to rebuild the
>city...IF they rebuild it?
Same place they get the money to rebuild Florida every time some
hurricane knocks it flat: YOUR POCKET.
On Thu, 08 Sep 2005 06:45:19 -0700, Scott en Aztlan
<> wrote:
>On Thu, 08 Sep 2005 06:11:32 GMT, wrote:
>
>>>Anybody getting ready to scoop up some bargain property in New
>>>Orleans? All those homeowners who are bailing out (literally) are
>>>going to need to sell to somebody. As long as you can buy it cheap and
>>>hold onto it for a few years, you should make a killing...
>>
>>Where is the government going to get the money to rebuild the
>>city...IF they rebuild it?
>
>Same place they get the money to rebuild Florida every time some
>hurricane knocks it flat: YOUR POCKET.
Obviously it's going to cost a lot of money. My guess is that it will
add tens of billions of dollars to the budget, and since there is no
extra money, it's going to add to the deficit," said Robert Bixby,
executive director of the Concord Coalition, a D.C.-based group that
advocates for the elimination of the national debt.
lawmakers said that with the federal government already spending about
$330 billion more than it has, any emergency funds will add to the
debt -
The Outstanding Public Debt as of 08 Sep 2005 at 11:53:32 PM GMT is:
$7,949,948,531,815.11
The estimated population of the United States is 297,112,486
so each citizen's share of this debt is $26,757.37.
The National Debt has continued to increase an average of
$1.66 billion per day since September 30, 2004!
$3.3 trillion of the debt is privately held.
Should the U.S.A maybe give the New Orleans area to some of the debt
holders?
Remember the good ol days when gas was under a dollar and all we had to
worry about was a stained dress? - wes doughty
Mr. Burns