On Jul 25, 9:56*am, (Tom) wrote:
On Fri, 25 Jul 2008 09:40:36 -0400, HK wrote:

U.S. Foreclosures Double as House Prices Decline (Update1)

By Bob Ivry

July 25 (Bloomberg) -- U.S. foreclosure filings more than doubled in the
second quarter from a year earlier as falling home prices left borrowers
owing more on mortgages than their properties were worth.

New Jersey filings rose 140 percent. One in every 201 households in the
state received notice, the 12th-highest rate in the U.S.

George Bush has been in office for 7 1/2 years. *The first six the
economy was fine - in spite of 9/11.

A little over one year ago:

* * * 1) Consumer confidence stood at a 2 1/2 yr. high;

* * * 2) Regular gasoline sold for $2.19 a gallon;

* * * 3) the unemployment rate was 4.5%;

* * * * * *4) the DOW JONES hit a record high--14,000 +

* * * * * *5) Americans were buying new cars, taking

* * * * * cruises, vacationing overseas, living large!...

But Americans wanted 'CHANGE'! * So, in 2006 they voted in a
Democratic Congress & yep--we got 'CHANGE' all right!.....

* * * * * * 1) Consumer confidence has plummeted;

* * * * * * 2) Gasoline is now over $4 a gallon * * * * * * * * * and
climbing;

* * * * * * 3) Unemployment is up to 5% (a 10% increase);

* * * * * *4) Americans have seen their home equity drop

* * * * * * * *by $12 TRILLION DOLLARS & prices are still dropping;

* * * * * * 5) 1% of American homes are in foreclosure; and

* * * * * * 6) as I write, THE DOW is probing another
low~~11,300--$2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS,
BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS!

YEP , IN 2006 AMERICA VOTED FOR CHANGE!...AND WE SURE GOT IT!!!....NOW
'B.O.', the DEM.'S CANDIDATE FOR PRESIDENT--AND THE *POLLS SAY HE'S
GONNA BE 'THE MAN'--CLAIMS HE'S GONNA REALLY GIVE US CHANGE!!....JUST
HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN STAND???.....

If Obama gets in, we're screwed.......