I wonder how much Obama earns with each home that get foreclosed?
Fannie, Barry and Freddy are best of buddies.

Originally posted by burdman30ott6
It will be really interesting to see what these numbers look like next month when August factors into the equation. If the 30's remain above the 8% line it really does mean there is NO recovery and we're still far from this being (mercifully) over.

We fell over the cliff last year but luckily we landed on a handy ledge.

What's that cracking sound.....
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There are a record number of Americans on food stamps but yet somehow the housing crisis is easing? People can't afford to buy food yet they can afford to pay their mortgages? LMAO! They must think we are all fools.

What has changed in the last year to usher in a recovery? Has there been a new war? NO. Some sort of breakthrough technology say in medicine like a cure for AIDS or cancer? NO. Has there been lots of new companies opening their doors hiring people? OBVIOUSLY NOT. Has there been a boom in American manufacturing? HAHA YEAH RIGHT! I mean what exactly has ushered in this "reocvery"? The only thing that is responsible for the pseudo recovery is DEBT.......US government printing more money and sinking us farther into debt. Like I've said lots of times on forums and to others.......if Americans aren't working they aren't buying and if they aren't buying there is no hope for a recovery. Without jobs NOTHING matters. And companies are FAR from hiring back all the people they just recently laid off. It's common sense.......they had to lay off people to stay in business and stay competitive.....DUH the minute they start increasing their workforce they become unprofitable again. Most of the jobs the US economy has lost are NEVER TO RETURN and have been replaced by lower paying service sector jobs. I feel really sorry for all these idiots who think going back to school and sinking themselves into more debt is the answer.