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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 30 Oct 2005 00:27:01 -0700 /

Author of the message: kuacou241@yahoo.com

Title of the message:
IoS: Katrina didn't do it, but with a fall in house prices America could be blown off course

Text of the message:
Hamish McRae: Katrina didn't do it, but with a fall in house prices
America could be blown off course
The US shrugged off recent blows, but a slowdown is coming
The Independent on Sunday
Published: 30 October 2005
The American economy continues to amaze. There is so much political
flak here in Washington at the moment, with the indictment and
resignation of the Vice-President's chief of staff, Lewis Libby, and
all its implications, that the political story has pushed the economic
one down the news agenda. As one commentator put it, given the economic
news, the President should have been doing cartwheels on the White
House lawn.
Well, he certainly wasn't doing that. But while political headlines
will always out-punch economic ones, the economic story is the one that
will affect the rest of us in a way that the political one won't.
Remember what has happened to the American economy in recent months.



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