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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (101823)	3/23/2011 1:20:29 PM
From: Hope Praytochange	3 Recommendations Read Replies (2) \| Respond to of 224710

By Steve Goldstein, MarketWatch WASHINGTON (MarketWatch) — Sales of new single-family homes collapsed in February, the Commerce Department reported Wednesday, as a combination of high unemployment, tumbling prices and a glut of cheaper alternatives brought activity to a near-standstill. New-home sales fell 16.9% to a seasonally adjusted annual rate of 250,000 in February, though January’s figures were revised higher to 301,000 from 284,000. Compared to February 2010, sales collapsed by 28%. Every region but the West saw record lows, and in the Northeast, sales dropped by 50% compared to year-earlier levels. Read “Dismal home-sales data tell us nothing new.” “The housing market has literally collapsed,” said Tony Sanders, a real estate finance professor at George Mason University. “We’re stuck, it’s not going to revive in the spring and may not in the summer.”

To: Kenneth E. Phillipps who wrote (101823)	3/23/2011 1:21:54 PM
From: Hope Praytochange	2 Recommendations Read Replies (1) \| Respond to of 224710

Prices traded as high as $106.03 a barrel, their highest intraday trade since March 7. Crude for May delivery /quotes/comstock/21n!f:cl\k11 (CLK11 105.85, +0.88, +0.84%) , the new front-month contract, most recently rose 83 cents, or 0.6%, to $105.82 a barrel on the New York Mercantile Exchange. A close around that level would be the highest since September 2008.