One who intends to leave others better off for his having existed.

5/20/11

Are rising financial markets in the best interests of the financial news industry?

 


Sales of new homes rose in February


for the first time in seven months


…another sign that the housing market is thawing


 


New-Home Sales Rise 4.7%


The Wall Street Journal


March 26, 2009


Why would a mainstream news story entitled


New-Home Sales Rise 4.7%


not mention year over year sales were down 41%


or that January 2009 new home sales fell 10%


to the lowest level since reporting began in 1963


48.2% below January 2008 estimates?


 


Who controls the past controls the future


 


Who controls the present controls the past


 


George Orwell


If $100 loses 50% and then rises 5%


how should most feel about having $52.50 instead of $100


after enduring conjured platitudes?


 


If you don't read the newspaper, you are uninformed


 


 If you do read the newspaper, you are misinformed


 


Mark Twain

No comments: