Depression
Propaganda
It’s obvious to me that there is some serious propaganda being pushed into the minds of consumers today. There are some interesting contradictions in the headlines. I also came across some news headlines from the Great Depression. They sound strikingly familiar to this downturn.Contradictions
1. We are in the country’s worst housing downturn since record-keeping began in the late 19th century - But the recession is ending…we are seeing a recovery.Nearly half of recent sales have been attributed to foreclosures or “short sales” at bargain-basement prices. –2. The Treasury Department’s assistant secretary for financial institutions, recently said more than 6 million families could face foreclosure over the next three years - Realtor.org reported on October 19th that: “All the leading indicators say housing is definitely on the mend... Read More
Thursday, November 5, 2009
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