Saturday, February 28, 2009

Glenn Beck's heart-stopping housing chart - Must See

Glenn Beck covers the housing/mortgage crisis, and explains how the government is misleading us.

Remember, the prices for housing on the chart are adjusted for inflation, so it is as accurate as possible.

I heard a very short, easy to understand explanation on the "Budget".

Simply put, you make 50,000 a year. You budget and plan to only spend 30,000.

Instead, you actually spend 40,000, leaving you with a 10,000 "deficit".

In simple terms, they are misleading the people about almost everything money related.



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