I agree completely.
Although I don't agree with everything you said, I've been meaning to make a post similar to yours in regard to a lot of "ItalianDragon's" posts. When he's not insulting Bush or the US, he's attempting to tell us how to handle our financial problems. I don't know why he feels it necessary to constantly insult US citizens, however I find it really annoying.
In America, the housing market is in a slump largely because housing prices have dropped so rapidly. Kev described how the housing prices in Scotland have increased greatly, a situation very different from in the United States.