Wednesday, July 21, 2010

Summer Of Recovery

SEARCH BLOG: ECONOMY

In major markets across the country, home sales are deteriorating, inventories of unsold homes are piling up and builders are scaling back construction plans. The expiration of a federal home-buyers tax credit at the end of April is weighing on the market. [full story]

So much for the Obama administration's prognostication ability. With that in mind, here is what the Obama administration is saying today:
But “because of this law, the American people will never again be asked to foot the bill for Wall Street’s mistakes,” Mr. Obama said before signing the legislation. “There will be no more taxpayer-funded bailouts. Period.” [full story]
Meanwhile... what does this prognosticate?

2012 IS GETTING CLOSER

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