Thursday, December 29, 2011
The First Honest Assessment
The WaPo ran this piece which stated that the City of Baltimore doesn't expect property tax revenues to increase until 2016, which means they aren't forecasting a housing bottom until 2015. And that children comes from someone who needs to plan for the future and be honest with themselves about the course we are on, as opposed to our extend and pretend politicians or the bulk of the mainstream media whose editorial agendas have a vested interest the party who has spent several trillion dollars bailing out over extended banks and home debtors. In truth, I doubt the WaPo even understood the significance of what they printed, or I am sure that they would have framed it differently.