That same wise man also said that "As housing goes, so goes the economy". That is another reason why this recession/depression will continue as long as President Obama wastes time on issues such as health care and green energy.
Think about it. What is our biggest expense every single month? Housing. What is the biggest concern that most people have every day? Housing. What is the one area that has been the biggest drag on our economy for 3 years. Housing. And the biggest drain on consumer confidence? The price of our houses going down with no end in sight.
Yet Obama continues to push for national health care and green energy. Does that matter if you are facing foreclosure? When you are selling your house short to move into a tiny apartment? When you have no more equity in your house and no hope for every getting back to zero? When the majority of baby boomers are going to work until they die because the equity in their homes and retirement accounts are at zero. How are they going to afford nationalized insurance and an electric car.