[cobra de capell]

Well, the proof of whether of not Obama's stimulus is working is in the job numbers as we go forward. Now, the 10 year treasury securities auction settled today at 3.99%, (one year ago 2.20%) meaning that rates are going up and this will be followed by higher mortgages rates, soon. And, housing will be negatively impact by higher market rates.

If housing doesn't come back, we are in for a very long recession plus all Obama's spending compounds the problem.