CHESSNOID

Whenever we hear about the S&P Case-Shiller Index, we think about housing price forecasts. Many people look at this index as a reliable source of data. That’s why I think it is interesting to hear the actual person (Robert Shiller) behind this index talk about what he sees in the economy.

Yahoo AP:
A sharp drop [...]

Here is another good article from the Wall Street Journal.  I think they are taking a more populist approach on foreclosures.  You hear financial experts or bailed out bank-sters preaching about moral obligations, duties, and setting the example, but those righteous people always seem to have a vested interest in helping themselves or their constituents. [...]

This is a new pilot program Citibank is testing to see if it will help their foreclosure issues. I think it is proactive in helping the defaulted borrowers and may help keep future damage to the house to a minimum.
Yahoo AP:
WASHINGTON (AP) – Citigroup Inc. plans to let homeowners on the verge of foreclosure [...]

This is just more of the same type of government report updates that seem to hide facts from an earlier time.  The early government reports always claim data to be in its best light such as jobs saved or created.  When the actual data is updated, everyone pretends to be surprised.
We all know how bad [...]