Interest Rate Projections

The graph below illustrates what the “EXPERTS” think interest rates will move to during the balance of 2011 and beyond. Today, the interest rates are below the lowest rate of 4.5% on the graph; so much for leading experts in the field!

If we can’t project what interest rates will do over a short window ----- HOW can anyone anticipate what the economy will do??? They can’t! They take their best guess and because they are labeled an expert by the media, they are listened to by a few.


This graph should finalize our impression that our economic experts have been and continue to mislead us! No wonder we have lost confidence in government and don’t believe anything they say! Obviously free money is not jump starting the economy --- the interest rates have only been at historic lows for years now!

And, re-sales and new home construction remain at all time lows. Simply because family formations are below norm, fear of job loss and the pendulum of government.

The real estate industry is in a tailspin and the focus is on solar panels, green roofs and windmills ---- only for the selected and they fail --- just like in the early ‘80’s.

WAKE UP AMERICA!

“Is it right to be politically correct or just right?”