Tuesday, August 25, 2009

Not Good Signs To Me

CNN is reporting good economic news because housing prices and consumer confidence is up. Nevermind these are two elements of the economy that bubbled and got us into the mess in the first place - overinflated house prices and the accompanying excessive confidence felt by consumers who can refinance and get $$$.

I prefer the housing prices to drop, I still think houses are beyond common-sense pricing. I say that as a renter, obviously.

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