Homestead mailing list

[WILLIAM <billymegab AT yahoo.com>]

There are Lies, Damn Lies and Statistics!   You can manipulate the data to 
produce any desired result.....and I can assure you there is no shortage of 
talent on the payroll to do just that!

Lynda <lurine AT softcom.net> wrote:  Just like the unemployment rate. "See how 
much lower it is than it was in . 
. ." Yeah, because they changed the way they figure the rate. *Real* rate 
is twice what they give!

Lynda
----- Original Message ----- 
From: "Don Bowen" 


> http://www.washingtonpost.com/wp-dyn/content/article/2006/04/12/AR2006041201726.html
>
> "The cover letter in the report from Treasury Secretary John Snow contains
> the bad news. Whereas the budget deficit for fiscal 2005 was officially
> given as $319 billion, "the government's accrual-based net operating cost 
> .
> . . was $760 billion in 2005." "
>
> Don Bowen Awl Knotted Up
> http://www.braingarage.com
>
> My travel journal
> http://www.braingarage.com/Dons/Travels/journal/Journal.html
>
>
> _______________________________________________
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>
>
>
> -- 
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> 

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Subject: Re: [Homestead] Home appreciation forecast at 6.4 percent for 2006
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>"Home sales are in the process of reversing all the gains of the past two
>years and reverting to 2003 levels."
>- Robert Mellman, economist, J.P. Morgan

That statement is meaningless unless as it does not reference the 
location. It is simply not true at all in most locations.

There are bulls and there are bears, no matter the market. Writers 
and analysts and professors and think-tank turkeys are expected to 
produce words, ideally words that excite and draw attention to their 
publishers. As in this case, they strive to craft startling quotes. 
In this age of info-babble overload it is necessary to keep one's 
bullshit detector fully tuned. Be alert for where the money is. Be 
alert for the opinion in search of validation. Be alert for lerts; 
the world needs more lerts and fewer deletes.