Our So-Called Saviours

clipped from biz.yahoo.com "Housing is not a problem...housing is fine...housing is a little softer...housing is weaker than we thought...housing is a lot weaker than we thought...but it won't affect the economy...housing is affecting the economy but won't hurt the overall economy...well...maybe the housing is affecting the economy." "Subprime lending is good for the economy...subprime is fine...subprime numbers weakening but not worried...subprime just a small part of economy...subprime a little worse than we thought...subprime issues worse than expected...subprime will not affect other areas...subprime affects other areas." "Housing is stabilizing...housing is stabilizing and bottoming...housing is bottoming...housing is bottoming...oops...housing worse than we thought...housing much worse than we thought but will not affect overall economy...ooops!" You get the hint. The so-called saviors have been wrong at every instance.