FRIDAY FREE FOR ALL -January 2nd, 2009
By 250 News
Friday, January 02, 2009 04:00 AM
A brand new year, and plenty of questions about what lies ahead. What will happen with the global economy? Who will win the provincial election? What will the Federal budget contain? Will the Harper Government fall? So many issues lie before us.
So to start the year off right, here is your chance to speak out on the subjects of your choice.
It is the Friday Free For All.
Keep it clean, Keep it legal, no bullying of other posters.
L E T 'E R R I P !!!
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The best article I've seen recently on tazers... its spot on IMO.
http://www.independent.co.uk/opinion/letters/johann-hari-tasers-are-an-outrage-we-must-resist-1207401.html
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Another article of note...
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The sharp fall in construction means that builders can no longer get credit.
The Census Bureau reported a sharp drop in housing starts in November from a downwardly-revised October rate. The 625,000 annual rate of construction reported for November is 24.8 percent below the September rate. It is 47.0 percent below the November 2007 rate and it is 70.9 percent below the rate in November of 2005 at the peak of the building boom. In fact, the start reported for November is lower than any rate reported for the last fifty years.
http://www.cepr.net/index.php/data-bytes/housing-market-monitor/housing-starts-fall-through-the-floor/
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In Detroit Michigan the average house price is now down to $24,000 and they have 22% unemployment (higher than during the great depression). That is a bad sign for America coming from a city that used to be Americas economic engine only a decade ago.