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View Diary: This is one of the most important articles i have ever read. Courtesy of Steven Van Zandt on huff po (27 comments)

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  •  OT (2+ / 0-)
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    bobswern, DawnN

    Bob I thought you may get a kick out of this little doohickey.

    http://money.cnn.com/...

    Existing Home sales,  umm yeah, we were basically lied to for the last 3 years

    Bad is never good until worse happens

    by dark daze on Tue Dec 13, 2011 at 07:35:47 PM PST

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    •  Actually, I've been blogging about this... (2+ / 0-)
      Recommended by:
      bronte17, DawnN

      ...very same thing (bullshit NAR numbers), among others, for almost a year. Part of my "totally-bullshit-economic-statistics-that-everyone-believes-are-fact" series. LOL!

      (Laughing at the new title I just made up for it; NOT laughing at the reality that almost ALL of the metrics used by our government and publicized in the MSM are deeply, deeply flawed.)

      Adding further insult to injury, it's taken the NAR a year to really acknowledge the true extent of their hocus pocus. The NAR has been "promising" to correct this "mistake" for a year, too. (A year ago, the NAR was claiming it was only "a little more than a year's worth of bogus numbers." Now it's four year's worth of bullshit.)

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Tue Dec 13, 2011 at 07:50:56 PM PST

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