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Tuesday, 15 November 2011

Pull my other leg now.............from Rico

Yeah, the recession 'ended' a couple years ago according to the current regime.
- Now, pull my other leg why don't you?

People that actually know what they are talking about (which excludes Congress, Barry & Co., and Warren Buffet these days) are saying that home prices/values have further to fall...perhaps 50% further, and that we are NOT in a 'recovery' but in year 4 of a seven-to-ten year depression.

Our last census said 18% of US homes were sitting vacant, and that 1/3 of the occupied homes were occupied by renters.
- These are unhappy facts, and they do NOT match the "happy face" being presented my the Ministry of Truth.

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