
Why are people so concerned about their jobs right now? Because they see the "For Sale" signs going up all around them -- and they know the reason is because these neighbors can't afford their mortgages any longer. Billionaire investor Warren Buffett said Friday the economy continues to be in a recession, by his definition, and will continue to be for at least several more months. (Full Article Here.) U.S. Fed Chief Ben Bernanke said Friday that "the financial storm that reached gale force" last year "has not yet subsided, and its effects on the broader economy are becoming apparent in the form of softening economic activity and rising unemployment," . (Full Article Here.) That certainly appears to be the case in my own neighborhood. I live in a sub-division that was built five … [Read more...]












