Thursday, October 30, 2008

Housing bubble cheerleaders endorse Gerry Connolly for Congress

Gerry Connolly, the chairman of the Fairfax County Board of Supervisors, is the Democratic candidate running to represent Virginia's 11th congressional district in the U.S. House of Representatives. Yesterday, I noticed the National Association of Realtors PAC is running television advertisements endorsing him.

The National Association of Realtors is one of the groups responsible for the housing bubble and the economic crisis that has followed. They were the ones out there misleading prospective home buyers by telling them, "Don't worry about the price, real estate prices never go down." After the housing bubble peaked, the National Association of Realtors repeatedly lied to the press about the outlook for the housing market. They kept saying that a housing market recovery was just around the corner. They predicted a housing recovery in late 2005. When that didn't occur, they predicted one in 2006, then 2007, then 2008, and now they say it will come in 2009.

Connolly's Republican opponent is Keith Fimian.

3 comments:

  1. Aah yes Connoly - the same man whose wonderful stewardship left us in fairfax with a projected budget shortfall of $430,000,000.00 in 2010. In percentage terms this is far worse than the shortalls that harder hit areas like Prince William and Loudoun are dealing with.

    Think I am going to reward this guy for a job well done by voting for him? Hell no... For the first time in my life, I will be voting republican in the fall.

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  2. The way Fairfax is going Connolly figures he'll be Congressman for life. I say that because it is becoming more and more dominated by latte liberals. Whereas Davis was a wolf, Connolly will still be a wolf, but in sheep's clothing.

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  3. I'm a Fairfax resident and I cannot stand Connolly. The NAR endorsement just furthers my distrust, and I can't wait to vote against him.

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