Turn of the Century America
I hope you are enjoying a pleasant winter day. It's 17 or so here and much of the rest of the country is the same or colder. If that doesn't make you feel a little chill, this will - home prices adjusted for inflation are back at the same level as 1894. That is not a typo - 1894. Thanks to the spectacular Obama economy we have wiped out over 100 years of economic gains. Thank you Mr. President and all his Democratic minions in Congress! That includes you Sen. Jeff Merkley, who is up for re-election in 2014.
www.zerohedge.com/news/2013-02-13/home-prices-are-back-1894s-levels
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