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To: Jagman; jammer
That’s the spirit!

Exactly!

What we've got here is more than the fact that consumer confidence is a lagging indicator, iow everyone's glum until all they got more money than they can stand.  We've got a dem press with an agenda.  The reverse was true in '00 where we had a big time collapse with a fawning press that was indignant that anyone would dare to "talk down" the economy by noticing the market crash and failing businesses.

7 posted on 05/17/2008 5:19:37 AM PDT by expat_panama
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To: expat_panama
Well, I know your point and agree to a great extent. We saw the same phenomenon in 1992. It's just that the article demonstrates no evidence for the conclusion that there is any kind of upswing in building units that are of highest concern. Apartments are not houses. Don't declare the housing crisis over, or even ameliorated, based upon that.

I certainly understand that negatives will be emphasized and overstated by the MSM when there is a Republican administration. But inferring the wrong message from the data and publicizing it will blow up in our faces.

9 posted on 05/17/2008 5:30:10 AM PDT by jammer
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