Republicans touting energy conversation - can you say recession???
We are only beginning to see the ripple effect that the Gulf coast disaster will cause. I believe we are headed for an economic recession.
With so many people being displaced, all the thousands of jobs that are just gone now because they don't exist, the rising cost of fuel and the already poor economy you better be holding on to the check book. The republican party in the White House is calling for all Americans to use less energy. REPUBLICANS are telling us to CONSERVE ENERGY. What is wrong with that picture? Haven't they been denying global warming since it was first found? Aren't they the ones that give huge corporations all kinds of breaks that have gutted the environmental laws passed by previous administrations?
And if you bought investment homes that need repair??? Wait till you see how much construction materials rise because of the disaster. And because there is so much work many trades people are going to go where the work is at and rebuilding hundreds of miles of Gulf coast is where that will be. Many positions will go unfilled for skilled trades other places in the country driving labor costs up. This is going to be the nail in the coffin for real estate as an investment.
My advice? Don't vote for Republicans.

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