Reply #8: Surprised? Unexpected? - what world do these people live in? We've [View All]

got an oversupply in almost every market of homes, plus another oversupply of foreclosures that the banks haven't even gotten listed yet, we're still having record numbers of foreclosures, record numbers filing for unemployment, record numbers of long term unemployment, banks that won't lend because they're still trying to prop up their phony balance sheets and some analysts are "surprised" at the "unexpected" drop?

Weathermen get all the jokes about being able to keep their jobs in spite of how often they're wrong - apparently analysts not only keep their jobs but get mega bucks bonuses from the zombie banks that we're propping up.

Obviously, these would be the same idiots who didn't see that the economy of 70% consumer spending based on nothing but 125% LTV 2nd mortgages to buy Chinese made flat screen TV's and trying to flip real estate 5 times a year at a 300% markup each time was an unsustainable model.