From Denver to Detroit the story is the same: FORECLOSURES SOAR!!
The housing bubble is coming to a very bad end all over the country...
Unfortunately on Wall Street only good news is allowed in...so there is still the naive sense that "things are OK."
Things are not OK.... Things are collapsing...
Still I expect the Republicans to hold on to both housing of Kongress and perhaps even INCREASE THEIR MARGINS...
THE AMERICAN PEOPLE ARE EASY TO MISLEAD...AND THE REPUBLICANS ARE MASTERS AT IT... WATCH FOR MORE AND MORE TALK OF HOMOS, IMMIGRANTS AND ABORTION AS THE FINAL WEEKS OF THE ELECTION DRAW NEAR...
Is it any wonder that consumer spending is slowing.... But you ain't seen nuttin' yet... compared to what's coming in 2007!
Postscript:
I PERSONALLY WILL NOT BE VOTING IN THE COMING ELECTION...I QUIT VOTING MANY MANY ELECTION CYCLES AGO...MAINLY OUT OF DISGUST FOR THE HYPOCRISY OF THE "DEFEATOCRATS" WHO SIMPLY REFUSE TO GOVERN...AND WHO ARE VERY CONTENT WITH THEIR STATUS AS THE "LOYAL OPPOSITION".... LOYAL MAINLY TO WALL STREET AND THE LOOTING OF THE US ECONOMY IN THE NAME OF FREE TRADE AND GLOBALISM...
