Tuesday, June 22, 2010


A lot in today's media uses the word "unexpected". Unemployment unexpectedly rises. Bankruptcies unexpectedly up. Gas prices up on unexpected news from the gulf. Stock market drops on unexpected jobs numbers. So what are the people of the Wisconsin's 8th district expecting from Steve Kagen fulfilling their dream of owning their own homes? Seems not much. Obviously from today's numbers, sales of previously occupied homes dipped in May.

From YAHOO Finance.
"Alan Zibel, AP Real Estate Writer, On Tuesday June 22, 2010, 3:38 pm EDT

WASHINGTON (AP) -- The housing market may be on the verge of taking another plunge that could weaken the broader economic recovery.

Sales of previously occupied homes dipped in May, even though buyers could receive government tax credits. And nearly a third of sales in May were from foreclosures or other distressed properties. That means home prices could soon be heading down after stabilizing over the past year.

Last month's sales fell 2.2 percent from the previous month to a seasonally adjusted annual rate of 5.66 million, the National Association of Realtors said Tuesday. Analysts who had expected sales to rise expressed concern that the real estate market could tumble once the benefit of the federal tax incentives is gone entirely, starting next month.

The report is "a worrisome sign for what will occur in July and thereafter when the effect of the tax credit is behind us," said Joshua Shapiro, chief U.S. economist at MFR Inc., an economic consulting firm in New York."
May home sales dip as housing market struggles - Yahoo! Finance

Let's see,

"Last month's sales fell 2.2 percent",

"that means home prices could soon be heading down",

"Analysts who had expected sales to rise expressed concern that the real estate market could tumble".

"The report is "a worrisome sign for what will occur in July and thereafter."

So is this unexpected news for the people of the 8th district? Is this unexpected for Steve Kagen?

So let's go to Thesaurus.com and look up "UNEXPECTED" and see what words can we use for our Congressman Steve kagen on the latest May plunging home numbers.

Astonishing- Everyone in Wisconsin is shaking their heads, standing in line for unemployment, seeing how bad the economy is and Steve Kagen is in a daze. Home sales fall 2.2% and Steve will tell you he needs to be elected in November because he is working hard for you the voters of the 8th. Am I the only one astonished how out of touch Steve Kagen is?

Unpredicted - If you talk to Steve Kagen or hear him speak, he has no clue what is going on around him. The economy is falling apart and all he can do is blame Bush and take credit for a this economy. What economy? What planet is he living on?

Unforeseen - So Steve Kagen with how many stimulus votes, how many unemployment extensions, spending tax payers money like a drunken sailor, unforeseen with his votes an economy that is crashing and burning in the Wisconsin 8th district.  Obvious the people in his district did see this coming. Remember the August 09 listening sessions. Steve never seen that coming.

Unexpected - What will Steve Kagen say when the housing markets plunge and your home values drop like a rock?  Will he say it was unexpected that your home values dropped but your property taxes stayed the same? Will he promise you he will work hard to fix this unexpected problem? When your wallet or purse is empty from failed policies and votes by Steve Kagen, will you be unexpectedly surprised?

Unpredictable - Will Steve Kagen tell you he never predicted this happening and he will remind you it was George Bush's fault.

Not Expected - Maybe it's time we all tell Steve Kagen we do not expect him to serve in the next congress. We tried it his way for four years and he failed at what he promised the people of the Wisconsin Congressional 8th District.

Can you see the headlines from the print and T V media the night of the November 2010 election.

Steve Kagen loses 8th district race,


I can see that.

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