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Milk. those of us who want to feed our kids organic protein, 11.5% increase. price of fuel impacts our ability to hunt. we fuel up our four wheelers and trucks to go out and hunt. eric: who thinks coffee went up 10%? more? how much? 19.3%. this is one that will get you. any moms out here? peanut butter. i ve been making school lunches for 20 years. 27.2% increase. this was four bucks. a little jar of peanut butter, $4. eric: we re talking two years. anyone notice in the grocery aisle. they aren t making any more ....
Anncr: geico. 15 minutes could save you 15% or more. shannon: on friday, federal reserve chairman ben bernanke downplayed concerns that the economy is slipping into a double dip recession. does the current economy back up his words? ainsley earhardt has a closer look. two key sectors of the economy, housing and jobs, underperforming and causing concern. bottom line, the housing market is ugly right now. and won t improve until the economy starts generating jobs again. sales of existing homes dropping last month to the lowest level in 15 years. down 27.2% compared to the previous month. that is the deepest monthly slide on record. people just don t feel confident enough about the economy to buy a home right now, would take 12.5 months to sell all the homes on the market. home sales have fallen sharply since the homebuyer tax ....
Tax credit carts in this box and here we are today. what everybody is saying is hey, this only happening because we stopped giving people money. right. let me show you something that maybe somebody in the media should point out. huh. you see what happened? this didn t effect anything. it s a straight line. it s a straight line. this is all bogus. it didn t kick-start the economy. it s a straight line down. let me show you this. previously owned homes fell 27.2% from june. largest drop. not since george w. bush. not since the first george bush, but since lyndon b. johnson. now, the media, what they ....
Leer is where the buyer home tax credit carts in this box and here we are today. what everybody is saying is hey, this only happening because we stopped giving people money. right. let me show you something that maybe somebody in the media should point out. huh. you see what happened? this didn t effect anything. it s a straight line. it s a straight line. this is all bogus. it didn t kick-start the economy. it s a straight line down. let me show you this. previously owned homes fell 27.2% from june. largest drop. not since george w. bush. not since the first george bush, but since lyndon b. johnson. now, the media, what they ....
Relatively quiet. so far, we have been average. so but we are expecting john in the next few weeks as the waves roll off the coast of africa for things to get busy. we can t roll out the rule out the season yet. we re just hitting peak season. jon: thank you janice. jenna. jenna: jon, storms might not be such a bad metaphor to what s happening in the housing market. sales of existing homes, hose that have already been owned, a 15-year low. if we look at last month, they actually fell 27 percent in one month alone, ashley webster is here from the fox business network with this news. kind of a tough number to take today, actually. we were expecting a poor number. this was downright ugly. in fact, expectations were for existing home sales to drop about 13 percent year on year in july and what we got was 27.2% drop, that s twice as bad as expected. we got a lot of factors weighing on the market. we have an overabundance of supply, we have the end of the tax credit from the governme ....