
Date: Thursday, August 21, 2008, 6:17 PM
"It is time for answers", notes HOME BUILDERS ASSOCIATION Spokesman__________. "The Housing Boom was fueled to excess by Wall Street and Banks. The Banks were wining and dining Home Builders, virtually throwing money at them in an effort to profit from thirst for homes and continuing rise in home prices. Now the "oomph" is out of that boom, and those same Bankers are howling like Wolves at the door of every builder in the metro area. The Banks overspent, used the Builders to fuel their fires, and now are turning on those Builders, burining the Builders now that the bubble is burst and the public isn't feeding at the trough any more! The Home Builders Association isn't going to lie back and watch its members be destroyed by greedy, myopic Banks and Bankers. The Banks blame the Brokers, blame the Builders for the excesses, but they forget who wrote the checks that fueled the fires. Banks forget who offered the credit and collected the fees that built those houses. We, the H.B.A., are not going to forget. We are taking names, responding to those Banks that couldn't give enought credit, and now can't be bothered to assist those Builders whose lives and livlihoods the Banks have jeopardized!
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