Foreclosure filings double in September from last years results. In September 2007 there were 223,538 filings across the US. This is what McCain and the other GOP candidates think represents a booming economy. If you are unable to recognize a problem - and Americans definitely see problems with the economy - how are you supposed to fix it? Could this group of nitwits be any more removed from the concerns of the American middle class? They just yuck it up, talking about how wonderful everything is and saying "USA #1" instead of seeing the problems that Americans see and offering a plan. Keep it up guys and run with that in the election. I'm sure it will be a real winner.
Not so surprisingly Countrywide Financial, the largest mortgage lender in the US, just announced a 44% decline in mortgage loans in September.
What an impressive display of Republican economics. At least we all still have eBay. Hooray! We'll all be rich!
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