07-20-2009, 07:23 AM
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#10 (permalink)
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Enthusiast Member
Join Date: Jun 2009
Location: Virginia Beach
Posts: 304
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Quote:
Originally Posted by BanningZ
Population versus Land Mass??? Most of these places aren't nearly as populated as many other states in terms of size versus people. Are they?
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They also dont have lumbering state govts like the nanny states along with huge welfare and entitlement burdens.
U3 will increase to 10%+ and U6 to 25% which are basically depression levels. Along with this increase will be an increase in prime mortgage defaults as they find themselves underwater. Think suprime was bad? Wait until the ALT-A and Option-ARM resets (at least 2x the size of subprime resets) hit in the next few years! 
Want the real story of unemployment? Check out a website called ShadowStats, it goes over how the govt has been tweaking the stats over the years to make them seem better than they really are.
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