from Truth in Gold:

But the most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly and with unflagging attention. It must confine itself to a few points and repeat them over and over. Here, as so often in this world, persistence is the first and most important requirement for success. – Adolph Hitler, “Mein Kampf”

Seriously, is National Association of Realtors chief economist, Larry Yun, trying to make a joke out of using the “bad weather” excuse for poor housing market sales?

As I have shown repeatedly, the poor housing market sales results are a direct result, for many fundamental reasons, of the demand-side of the market falling away. In fact, RealtyTrac just released a report yesterday that showed institutional investor purchases of homes fell to its lowest level in January since March 2012: LINK That has nothing to do with the weather in any part of the country.

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