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Oct
14

Three Quarters of a Year With Hope, But Change is for the Worse

By Bobbi85710

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Now I am no economist, banker, or financier but – I do know a major change for the worse when I see one in black and white. The Arkansas Democrat Gazette (Arkansas’s statewide newspaper) has on this Tuesday morning, October the 13th, 2009, 5 full pages (front and back) of foreclosures. The paper itself is only 48 pages! I am a whiz at math though & that’s over 20% of the paper devoted to foreclosures. What is unique about this particular issue, there is only 1 break in the listings as circled in the page layout above. It’s a little comic of Ripley’s Believe It Or Not! That is strange enough, but as you will see below it seems to answer Ripley’s requested exclamation. The titles of the comic facts are “Venom…” , ” Oops! Wrong Way…”, and “You Go… And Go, And Go..”! How appropriate that they accompany this sad volume of listings.

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So if you hear the specialists droning on with fanciful speeches that the economy is on the rebound, DON’T YOU BELIEVE IT! For every house, property, business that is in foreclosure – equates directly to loss of employment. This is just a keen observation.

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Other stories of interest:

  1. Any Slower and the Country Would Be in Reverse, Oh That Hope and Change
  2. What Happened to that Hope and Change since January 20, 2009

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Categories : Economics

1 Comments

1

Our troops are in my thoughts and prayers every day. I hate this war and wish it were not necessary. But since it is, I want our elected officials to support our troops by every means possible. Many in Washington are a disgrace and are cowardly. They so not deserve the freedom that our brave men and women are giving theirs lives for. All of us must pay attention to who these cowards in our government are and make sure they do not remain in Washington, in power. Obama MUST be a one term president!!!!

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