This headline caught me off gaurd:
Drop in foreclosures called ‘very scary’
Then I read the story and was somewhat horrified. When real estate is so worthless that the banks don't even follow through on foreclosures....where does that leave us? City governments lose their tax base, city employees get laid off, city services disappear....jeez, I'm depressing myself.
But hey, Wall Street loves Bernanke, and our government is now an extension of Goldman Sachs...so just ignore the walls crumbling down around you, the recession is over, man. In Goldman we bust...I mean trust.