"New Year" really New?

 Ten, Nine, Eight, Seven, the countdown began. People said good-bye to the hurtful but joyful 2010 and look forward to 2011. Six, Five, Four, people's face lit up with hope for the best and and a more prosperous future.Three, Two, One  "Happy New Year" the crowds roar. But do we truly have a "New Year".  President Barrack Obama truly thinks that. "Grow the economy, create jobs, and strengthen the middle class "This is president Barrack Obama's New Years Resolution and he sees a bright future in it. But this is what he has been saying for two years now.  We will strengthen this, grow that, push this, but are get moving forward or just moving back? Recent reports show a very gloomy future. Unemployment is at 9.8% and those are the only who report it or simply go onto unemployment benefits and we all now the whole country is not going there. Consumer activity surprisingly went down in December. House production as well went lower. And the most worrisome  report is that housing prices went down a surprising and hurtful 1.6%. We all have to remember and not forget that when this whole thing began, housing prices fell almost a half of a percent and caused a wide spread panic. Top analysts that I look up to for guidance such as Peter Schiff, who predicated all of this and most of the effects of it, comes out only hours before this post and states that housing prices will have fall 20% lower for this to end, unless the government steps in again and prolongs it.  He also stated this in a recent appearance on CNBC. “ Housing prices right now should be considerably below their historic averages,” Schiff argues. “Prices still haven’t fallen enough because the government is still artificially propping them up.” Where is the hope and light in this as people say in this? All it looks like is a smelly, big, expanding, black hole. We have to wake up , as the people and the people in D.C, that the only way out of this mess is using free market principles.  We cant abandon  it anymore. George Bush couldn't have been more honest in this statement at his end of his term.  "I've abandoned free market principles to save the free market system"  This is what caused us to go into this economic downturn  and we are doing it again, and we will be brought down even further.