Posted on 02/26/2010 10:15:28 AM PST by Need4Truth
The recent slump in housing is making some analysts uneasy about a recovery that many thought sustainable just a couple months ago and comes at a time when the Federal Reserve is nearing the end of a critical, year-long program to support the mortgage market.
...
New homes sales fell to a record low in January, extending a two-month slide; pending and existing home sales were down in December; homebuilder sentiment in January fell back to where it was last June, and mortgage applications have fallen three of the past four weeks,
(Excerpt) Read more at finance.yahoo.com ...
I firmly agree and will ad another reason: we do not have the character we had back then. “Situational ethics” was not considered popular back then.
Ya bunch of damn racists.
If you’d only do what the “magic Nigro” tells us to do everything would be fine.
And I am tall, dark and handsome and wear a size 16 shoe.
The Depression is sooooooo today.
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