This government has gone far beyond fudging numbers to keep HousingRealist as ignorant as he or she is and anyone else that would use “911″ as an example. But as horrible and unthinkable as that example may be, lets use it to compare how far our government has gone in the past.

“Weapons of Mass Destruction” lie has killed far more people than 911 and the number is still mounting.

“The killing of John Kennedy, Bobby Kennedy and Martin Luther King” Who really killed them?

The “GOVERNMENT” won’t tell you the truth! Why? (BECAUSE YOU CAN’T HANDLE THE TRUTH)is their excuse, but the real reason is because “WE THE PEOPLE” would have to root out the REAL POWER BROKERS running this country and have to kill them to free ourselves of their influence.

Re-reading this RANT you would think I was a Bleeding Heart, Left Wing Democrat and nothing could be further from the truth. I’m a Vetran and Registered Republican of 25 years.

I’m sorry, the use of the 911 thing just upset me.

Cheers!

If we were to measure Inflation & Unemployment the way we did in the 1970s, we would see unemployment much closer to U6 Unemployment levels of 9.7% (versus the popularized headline inflation level, U3 now at 5.5%); the inflation measures would see an greater differential, CPI might be closer to 10+.

That would put the Misery Index somewhere between 17 and 21,pretty close to the 1970s highs.

Every successive administration has sought to change the way measurements occur right from the 60’s. Makes them more electable (or so they think).

Hedonic substitution and geometric vs. arithmetic weighting now severely understate the actual cost of living increases.

“The overwhelming story is that the export numbers have offset this domestic weakness in consumer spending and business investment. We have a domestic recession.”

These numbers seem to be coming from fantasia. Where the tooth fairy who fudged enron’s accounts seems to be working for the Department of Total Disconnect from reality!

Other than that things are going pretty well out there…

http://www.bloomberg.com/apps/news?pid=20601087&sid=a2c71Nq2xb.w&refer=home

Just like Mr. Mortgage said – “movin on up”. . .hmmmm wasn’t that the song from the old Jefferson’s Show?

The next 33 days will be quite a show. House of Cards or Dominos call it what you may, but the speed of the collapse is about to accelerate out of anybody’s control.

It’s been moving in slow motion this past year, thanks to the Ben and Henry show, but THE FNMA & FHLMC RESCUE will trigger THE STRAW THAT BREAKS THE CAMEL’S BACK.

Call me Doom Sayer, call me Grim Reaper, I’ve been called them all this past year, but everything I’ve said would happen, has happened and has just paved the road to where we are today. (ON THE BRINK)

I’m not the only one who has seen this coming (Google: September 2008) I GOOGLED IT out of frustration thinking “Am I the only one that sees this?” I just wanted to see what came up and to my surprise. I’m not the only one calling the EXACT SAME TIME LINE.

I’m not telling you this to scare you, I just want you to be aware so you are not caught off guard and surprised by what’s about to unfold.

I’m sorry to say, I don’t know what happens beyond the financial collapse. I suspect a very different reality World Wide and very tough times for all.

Take Care!

“Fannie Mae has halted trading of their preferred stock in after hours. Executives resign, new CFO appointed. Fannie looking to “…preserve equity…””

Does this mean people can still get loans with <10% down? Aside from FHA’s 3% down stuff. I was under the impression that unless you did FHA, you had to have 20% down now. Am I wrong?