By Fester:
John McCain can solve the housing crisis by prolonging the announcement of his Vice-Presidential Pick --- he can create sufficient demand to cut inventory in half, as Al at the Field makes the following observation on Mitt Romney:
Romney, billionaire, already counts with a mansion in Massachusetts and additional homes in New Hampshire and Utah. And since the whole point of his possible vice presidential nomination would be to try to win over voters in the Michigan of his childhood, who knows? Romney might have already acquired another one to bolster his "favorite son" status there!
McCain now has to vet everybody else on his checklist all over again and find the one (Pawlenty?) that has only one home, or the controversy gets a whole new set of legs.
Just keep leaking some names and the sudden favorite sons will have to buy a few more houses....
And voila, the housing bust is solved as demand is restored, prices begin to grow again, and the credit crunch eases.
[/snark]
rezko
ReplyDeletePeter -- absolutely brilliant insight --- I am not trembling in fear until I touch the lodestone of Keating ----
ReplyDeleteplease better class of spinsters