The News...

While I was watching the primaries last night like a lot of other people, Mark decided that he was going to see what was really going on in our wonderful nation. The primaries are important, but what Mark found showed me that the news could have been doing a little more.

Here is Guest Blogger - Mark:

Tuesday, March 4th, while the media was obsessing about the democratic presidential primary. These were some of the other headlines of the day:

NOTE: THESE ARE ALL FROM ONE DAY!

US Q4 home prices drop; 1st consecutive drop since 1982
Gas Prices Continue Their Climb Along with Oil, Gold (4.00/gal predicted)
Housing in 'deepest, most rapid' decline since Great Depression
Prices soar on inflation worries
OPEC not expected to raise production despite record-high oil prices
Fed Chief: Mortgage Crisis to Continue
Oil Tops Inflation-Adjusted Record Set in 1980
Credit Cards, Other Debt Are New Worry For Banks
Chicago Sales Tax Hits Staggering 10.25 Percent
Citi Touches 52-Week Low as Bad News Continues
British Bank's US Subprime Loan Write-Offs Hit $51 Million A Day
Citigroup's Job Cuts Could Exceed 30,000
US Auto Sales Sink
Buffett: US essentially in recession
Construction spending dives in January
Dollar hits historic lows, again
U.S. online job ads hit slowest yearly growth rate
Filings for Bankruptcy Up 18% in February
Dollar flat before U.S. data, more losses seen
GM to close 7th plant due to Axle strike
New recession worry: Bank failures
Mishkin Warns Of "Substantial Challenges" Facing U.S. Economy
Fed's Fisher Says Inflation Most Serious Risk To U.S. Economy
Dollar Close to Record Low Versus Euro on Slumping U.S. Economy
U.S. Economy: Factories, Construction Spending Drop
Americans Down About Slowing Economy, Have Low Housing Expectations
Rocky markets highlight retirement insecurity
Sector Snap: Mortgage Insurers Slide
Stock market plunges on more bad mortgage news
PMI Expects $236 Million Loss in U.S. Mortgage Units
Thornburg Mortgage's shares plunge 51% on bankruptcy fear
Foreclosure filings nearly triple over same time in '07
CNN Warns Americans A New Great Depression Is Coming


Of course, just last week there was this headline:
"Bush, Fed chief see no recession ahead"

So I guess there's nothing to worry about. Bush says so. And we all know he never lies.....