Saturday, December 1, 2007

Good News for Mother Earth


US construction spending fell sharply in October, led by a large fall in private home building as the US housing downturn appeared to be intensifying.
There appears to be one advantage of Bush's inability to regulate the financial dealings of banks and others.

Thanks to the subprime mortgage crisis, the number of new home starts in the United States declined dramatically in October. So, at least temporarily, there are a few more woodlots out there with no houses in them, and there are a few more wetlands that are still wet until being filled in to hold a mansion and there are a few abandoned fields left out there for Eastern Meadowlarks to eek out an existence. At least for a few more months until it turns around and the earth takes it in the shorts because there are way too many people occupying the earth.

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