Today's Patrick.net headlines

Thu Aug 14 2008
House sellers suffering huge losses (biz.yahoo.com)
40% of metro Denver houses sold at loss (denverpost.com)
Bank Failures Rise, but Critics Say "Not Fast Enough" (washingtonpost.com)
Vineyard Bancshares falls 45% as customers pull funds (marketwatch.com)
Fannie, Freddie shares fall after SEC order ends (biz.yahoo.com)
1,300 foreclosures every business day in California (latimesblogs.latimes.com)
July saw record foreclosures in northern CA Valley (sfgate.com)
Mortgages: Loan Officers Slamming the Barn Door (seekingalpha.com)
Stock Market Outlook: It's Still All About Housing (seekingalpha.com)
Housing slump's effect on spending may have been exaggerated (economist.com)
Overbuilt market creating modern ghost towns (msnbc.msn.com)
High-end houses join San Diego's foreclosure fray (signonsandiego.com)
Houses go for a $1 in Detroit, Still Overpriced (detnews.com)
Miniboom of hot dog cart vendors a sign of the times (tampabay.com)
Lie about your income! (payroll1099.com)

These headlines never cease.  Depression?  Yes.  Media and government soft sell?  Yes