And as usual, the untold story is inventories continue to rise as well as inflation-do the math.
We know how often all these government reports are revised worse, about 90% of the time. I'm really questioning them as non-government polling sources with no dog in the hunt are contradicting government reports. Is Bernanke and the administration looking for the end game for trillions of dollars that have done nothing but enrich the banks and Wall Street-one in the same?
20% Fannie and Freddie down payments and other news suggests there's a disconnect here between what is reported and what is actually being done.
I don't have the time to go into all the details and sources, but we've all seen the trend.
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