Thursday, May 28, 2009

Obama's House of Cards...Rising Unemployment, Mortgage Delinquencies & Foreclosures

During Obama's Watch, home sales were down 34% in April compared to a year ago, prices continue to tumble, falling on average 14.9%
from 2008

1 in 8 homeowners receive foreclosure notices in April, nearly 6% of homeowners with fixed rate mortgages with good credit ratings are now in the foreclosure process.

Construction companies continue to scale back their operations as
unemployment rises which may soon be double digit nationally, already over 10% in some industrial states.

When will "Hope-n-Change" begin taking responsibility for his dismal economic policy failures?

More here Democrats Must Face The Music from Pajamas Media