Sales of previously owned homes fell 27 percent in July to the weakest level in 15 years, the National Association of Realtors reported last week. This represents the largest single monthly drop in history and they’ve been keeping these records for 40 years.
Obama, like Roosevelt, is instituting solutions which have and will continue to make this recession much worse than it would otherwise be.
Congress has approved another emergency bailout. Another bailout, another $26,100,000,000. Just another in a long line of massive Obama bailouts we’ve been forced to accept as an emergency. Nancy Pelosi and House Democrats spent $26,100,000,000 of taxpayer money with such haste this week that they didn’t even have the courtesy to come up with a(…)