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Sunday, November 22, 2009

Falling Foreclosure Rates?

http://www.al.com/business/press-register/insider.ssf?/base/business/125888491398450.xml&coll=3
Area posts high rate of mortgage delinquencies

Why do news agencies continue to report how bad the economy is? Even though the mortgage foreclosure rate is 20% higher now than it was at this time last year, it is 3% lower than this time last month. Isn't that proof the economy has recovered? Didn't they hear the Liar-In-Chief when he announced how the economy is recovering? Didn't any one believe the Liar-In-Chief when he said he fixed the economy (but good) and that we only need to wait a few years to see how good it has been fixed?

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