Sgt Staples
Mayor
And are working really hard to cover Obama's ass. sometimes a little truth comes out anyway.
>>>Home prices fell in December in most US cities
Survey: Prices declined in 18 of 20 cities in final months of 2011, prices back to 2002 levels<<<
>>>The Standard & Poor's/Case-Shiller home-price index shows prices dropped in December from November in 18 of the 20 cities tracked. The steepest declines were in Atlanta, Chicago and Detroit. Miami and Phoenix were the only cities to show an increase.
The declines partly reflect the typical slowdown that comes in the fall and winter.
Still, prices fell in 19 of the 20 cities in December compared to the same month in 2010. Only Detroit posted a year-over-year increase. Prices in Atlanta, Las Vegas, Seattle and Tampa dropped to their lowest points since the housing crisis began.<<<
So, even though Obama's got the printing presses running overtime buying US debt and propping up wall street, it ain't working in the housing market, where contrary to raising inflation elsewhere, home prices are still deflating.
And all of this money printing is making the dollar worth less meaning we pay more at the gas station and the grocery store.
And this is just the beginning. The Fed has printed more than 7 trillion dollars since Obama took office; just wait till the inflation from that massive dollar devaluation hits.
The math is unavoidable and undeniable. The incredible shrinking dollar has arrived.
>>>Home prices fell in December in most US cities
Survey: Prices declined in 18 of 20 cities in final months of 2011, prices back to 2002 levels<<<
>>>The Standard & Poor's/Case-Shiller home-price index shows prices dropped in December from November in 18 of the 20 cities tracked. The steepest declines were in Atlanta, Chicago and Detroit. Miami and Phoenix were the only cities to show an increase.
The declines partly reflect the typical slowdown that comes in the fall and winter.
Still, prices fell in 19 of the 20 cities in December compared to the same month in 2010. Only Detroit posted a year-over-year increase. Prices in Atlanta, Las Vegas, Seattle and Tampa dropped to their lowest points since the housing crisis began.<<<
So, even though Obama's got the printing presses running overtime buying US debt and propping up wall street, it ain't working in the housing market, where contrary to raising inflation elsewhere, home prices are still deflating.
And all of this money printing is making the dollar worth less meaning we pay more at the gas station and the grocery store.
And this is just the beginning. The Fed has printed more than 7 trillion dollars since Obama took office; just wait till the inflation from that massive dollar devaluation hits.
The math is unavoidable and undeniable. The incredible shrinking dollar has arrived.