culture, politics, commentary, criticism

Wednesday, January 14, 2009
Fire sale on the USA. The net result of his administration makes the point quite clearly: whenever Bush talked about the "ownership society," he was ultimately referring to wealthy foreigners buying up the United States (
InvestmentNews):
January 12, 2009

Foreign investors plan to spend significantly more money on U.S. real estate in 2009 than they did last year.

A study released today by the Association of Foreign Investors in Real Estate showed that equity investors plan to boost real estate investment activity by 73% in the United States and 40% globally.

“Our investor members have expressed a growing confidence and interest in U.S. real estate,” James A. Fetgatter, chief executive of the Washington-based association, said in a statement. “Their investment plans for 2009 for the U.S. resemble the flight to quality that is creating the demand for U.S. Treasuries.”

The 17th annual study surveyed about 200 of the association’s members, who collectively hold $1 trillion worth of real estate.

Washington topped the list of cities in which foreign investors are most likely to park their cash this year. [...]

The study showed that half of investors’ favorite cities for investing in real estate this year are in the United States.

This differs from a year ago, when five of the top 10 cities were in Asia.

The top U.S. cities were Washington, New York, San Francisco, Los Angeles and Houston.

Investors named apartments as their favorite property type. That was followed by office, industrial, retail and hotel properties.

Also, most investors said that they are having little trouble finding attractive U.S. real estate opportunities.
Heckuva job, Greenspan, Gramm, and Bushie!
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Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top






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