Misleading economic news

In reality, only naive or sold-to-money soul would believe in the economic news with spending the US debt to induce American spending until going bankrupted.

Republicans won the election in NJ and VA -- so, money puppet politicians may make a small difference under the massive money manipulation.

With massive government induced loans and foreigners purchasing troubled housing loans, the mortgage application is also misleading.

Those who now learned about the reality of economic and financial reality in globe are lucky; however, current condition is paradoxically more challenging as well.

Greedy money powered FED would announce rosy economic picture, or whatever, to hype markets and to fool Americans and globalists as usual at 2:15 pm announcement.

Abolish the FED

• • • Mortgage Applications Up as Rates Drop Below 5%

      U.S. mortgage applications rose for the first time in four weeks, reflecting a jump in demand for home refinancing loans as interest rates on 30-year loans dropped below 5 percent. Pulte Homes Posts Wider-Than-Expected Loss

    • Planned Layoffs Show Another Drop: Challenger
    • Time Warner Posts Lower Profit; Raises Outlook
    • China Should Drop Yuan's Dollar Peg: Merrill Lynch
    • Comcast Quarterly Profit, But Growth Slows
    • Republicans Win Va., N.J. Governor's Races
    • Buffett Joins Goldman in FNM Tax Credit Bid: Report
    • SocGen Quarterly Profit Trails Forecast, Hikes Provision
      • Bailed-Out US Banks Preparing Pay Bonanza
    • Look Ahead: Market Taking Its Cues From Fed Statement
    • Will GM Adopt a Europe Style to Make Opel Work?
      • GM Says Will Keep Opel
      • Opel Workers Bitter

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Thank you, but you don't need Ph.D. in Economy to know Carry-Trade and US debt spending will cause bigger trouble if you exercise reasonable thinking. Only those who are sold to greed would not see the reality or would hype the markets.

• • 'Mother of All Carry Trades' Will Lead to 'Asset Bust'

    The "mother of all carry trades" that Nouriel Roubini warned of recently is growing and threatening to cause a global implosion, the economist warned in a CNBC interview. Fed Debates Nex