Our Economy Still Sucks

11 Jun

Foreclosures dropped 6%. What does that mean? It means that our housing market blows real hard (that’s what she said) It really bums me out that our economy is so deep in the hole, that our children’s children will be affected by the mistakes that we’ve made.

via CNN

“Lenders filed fewer foreclosure notices in May, but the total number of filings was still the third-highest monthly total on record.

One of every 398 households in the United States received some kind of filing, including notices of default, scheduled auctions or bank repossession, during May. That was a decline of 6% from April but an increase of 18% compared with May 2008.

And the ultimate type of foreclosure filing – bank repossessions – increased during the month, according to RealtyTrac CEO James Saccacio.”

Hopefully things will start to improve as we recover from this financial disaster. In the meantime, I’m going to enjoy the finer things in life, like campfires, building lasting relationships, and a lot of streaming porn.

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