On September 21, 2009, the headline for MarketWatch read, “The U.S. recession is bottoming out and a recovery is near.” A few days ago I read in our local paper that San Diego foreclosures were up 34% in January. Meanwhile, California’s unemployment rate is at 12.3% and the nation’s unemployment rate stands at 9.8%. In both cases the trend has been up, not down. The US debt is well over $14 trillion and the US dollar continues … Read entire article »