Wednesday, May 28, 2008

I'm never surprised at mainstream media reporters' stupidity

Here's a screenshot I took yesterday of Yahoo News:

Really, where's the surprise? It's once again that pesky thing about supply and demand. These are the same AP economic reporters who periodically write about mortgage rates falling, and in the next breath wonder why mortgage applications go up.

Here's a little bit older screenshot I've been meaning to post for a while. Nothing subliminal here, I suppose?

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