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Here's a classic case of misleading press

Discussion in 'Political Discussion' started by PatriotsReign, May 28, 2009.

  1. PatriotsReign

    PatriotsReign On the Roster

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    So we ALL want the economy to improve. I don't think that's debateable at all. But I constantly see various media outlets with little blurbs about how the economy may be turning around...and I hope to God they're right!

    But here's a funny little tidbit from CNNMoney;

    Headline 1:
    Steady home sales could be positive signal

    Headline 2:
    Troubled mortgages hit record high

    Anyone else see a contradiction here or is it me?:p

    http://money.cnn.com/2009/05/28/real_estate/new_home_sales/index.htm

    http://money.cnn.com/2009/05/27/real_estate/MBA_mortgage_delinquencies/index.htm
    Last edited: May 28, 2009
  2. Holy Diver

    Holy Diver Rookie

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    #80 Jersey


    the key word is "Could"
  3. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    I find most of the mainstream news contradictory, this is a classic case.. now extrapolate this against what Fox has to say on the same topics.. and then lay on Rush's take..
  4. PatriotsReign

    PatriotsReign On the Roster

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    I guess since economic trends are largely opinion based, we have views all over the board. BUT....this is the very same website!

    I think everyday we should be provided a list of supposed "Bad signs" vs. "Good signs" and we'll figure it out ourselves!:p
  5. PatriotsReign

    PatriotsReign On the Roster

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    and the key word regarding troubled mortgages is "Record". as in actually/factually HIT a record high. Don't you think the "steady Home Sales" are being generated by foreclosures? Of course people are buying up foreclosed property....but they just keep coming! (i.e., the "Record" is greater than the "Steady")

    That's the other point here.
  6. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Same website different authors.. opposing views..

    Personally get most of my news from the weather report..
    Last edited: May 28, 2009
  7. efin98

    efin98 Rookie

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    And then you go and post an article you just happen to come across that criticizes the right for anything and everything again...:rolleyes:
    Last edited: May 28, 2009
  8. godef

    godef Rookie

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    Just wondering if those "steady home sales" refer to all those rock bottom home purchases resulting from those "troubled mortgages"?
  9. PatriotsReign

    PatriotsReign On the Roster

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    Well, that was exactly my point in this post;

    Great minds think alike! ;)
    Last edited: May 29, 2009
  10. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Last edited: May 29, 2009
  11. efin98

    efin98 Rookie

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  12. godef

    godef Rookie

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    Yup, got it. I apparently didn't read that particular post very closely. :(
  13. PatriotsReign

    PatriotsReign On the Roster

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    Wow! You really went back in time to dig up this one. Kinda reflects the quality of the topics we find here lately.:rolleyes:
  14. godef

    godef Rookie

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    Nah, it's more a function of me occasionally doing a search of my posts to see if I left anything "neglected", if you know what I mean. ;)
  15. PatriotsReign

    PatriotsReign On the Roster

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    Of course I know. If I have a bad day and I'm irritated, sometimes I'll find an old thread where someone was getting under my skin and start it up again. Petty, I know...but I'm no saint.

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