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The geopolitics of housing starts

Published: 19 May, 2009, 20:12

I couldn’t pass this one up considering Prime Minister Benjamin Netanyahu’s first visit to the Obama White House. Today the US Commerce Department reported that housing starts in the country plummeted 12.8 percent to a seasonally adjusted annual rate of 458,000 units. This is the lowest on record going back to January 1959. This is a bad sign. Housing starts have traditionally been a...

Comments (7):

JayCee, May 20, 2009, 09:25 quote
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Peter, I like to see you are back on the big issues. You understand, so it feels good to read it. Keep the yellers cleaning up their own rubbish.
Jim, May 20, 2009, 12:53 quote
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Excellent article. Our military an financial support of Israel has helped destroyed this country's international reputation.
Gene Hopkins, May 22, 2009, 03:08 quote
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Yeah!!! Evgeni Malkin, Sidney Crosby and the Pittsburgh Penguins win at hockey.
Nate J, May 22, 2009, 21:46 quote
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That was a great article, Mr. Lavelle. Short, full of facts, and directly presenting the real problem here, that Benjamin wants to keep dragging this out. Shame on him for not wanting to move forward on an issue that the rest of the world knows needs to be resolved. And shame on us(the US) for condoning(or turning a blind eye, same thing) their practices for so long. Thank you for the real facts. I think Obama is going to keep hammering at him but it's hard to say when he'll give in as he is acting stubborn and dismissive over the issue. He will soon realise his mind games are not fooling anybody.
Gene Hopkins, May 22, 2009, 23:32 quote
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Re: Guantanamo I personally think that the USA even having a base on the island of Cuba is a form of bullying a smaller but disagreeable neighbor. That would be like Russia having a military base in Georgia. Gene
johnx, May 24, 2009, 00:20 quote
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But do they have a McDonalds? @Gene Hopkins Guantanamo is just a smoke screen to divert you from secret prisons they have in the Balkans, Africa Middle East, etc Guantanamo is just a holiday resort from Muslims from Britain and the EU, Middle East, etc who got capture after the US war after 9/11 training in CIA/MI6/ISI camps there to fight there proxy wars and make controlled human rights organisations like Amnesty and HRW look good when they protest Guantanamo. I wouldn’t be surprised if they had X360 and Playstation 3’s there playing Call of Duty 4 Modern Warfare with there “interrogators”.
Gene Hopkins, May 25, 2009, 06:38 quote
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Why are the rise and fall of home prices such a big deal? Because today, many people buy homes not to live in, but to make a profit. They buy houses, make improvements and resell them, making a HUGE profit. This practice is called "flipping". The price of the home goes way up. This is immoral when so many people cannot afford a home to live in. Sincerely, Gene H.
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