7/28/09

If $100 loses $90, which then earns 10%,is the $11 still 89% lower than what you started with?

new-homes


New-home sales soared in June from the previous month,


 the third increase in a row and supplying fresh evidence the housing market


 is beginning to recover from its long crisis.


 


It appears new-home sales reached a bottom in January.


 


New-Home Sales Jumped 11% in June From May


The Wall Street Journal, July 28, 2009


 


Why would many mainstream news sources underreport inhospitable information


while over-emphasizing positive?


 


Are risks higher or lower,


for those who believe most of what they are told?










Freedom of the press


is guaranteed only to those who own one.


 









A J Liebling



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