Unanticipated Decline?

Commerce reported an "unanticipated" 4% drop in housing starts.

That's all? Four percent!

Foreclosures are at a high not seen since The Great Depression. New homes were unaffordable when credit was available. Even more unaffordable now, if not prohibitive, even with a massive decline in value. So, what is so unanticipated about the decline except that the real estate cohort is so stupid with greed that they will keep building houses nobody but the very rich can afford to buy. They apparently are graduates of the Ivy-League Bush/McCain school of economics! They apparently believe in not spreading the wealth around!

It is the same with reports on the oil and gas inventory data.

We can have these extremely complex derivative instruments of finance, but we cannot figure out how much oil and gas we have on hand? Well, you had to buy it, didn't you? It's just a way to manipulate the price for a capital gain. It is a fraud in the marketplace. It is what is wrong with it. It is why we don't trust each other to lend the money we need to operate the economy without a big crisis, without a big risk, without the sure probability of failure with entities that are too big to be allowed to fail and continue to operate our economy in a crisis mode.

Ensuring a free and unconsolidated marketplace in priority sanctions the frauds in priority. If we are to be incredulous about it, so let's test it. What do we have to lose...fraud in the marketplace, a crisis of confidence?!

Invest the economy to produce innovative economic growth, not induce innovative forms of fraud!

If you believe in the General Welfare of protecting the concentration of capital, the results will be fully "unanticipated."

Obama/Biden...please!