We are Entering into the Recovery Phase - Just another day in the mortgage mess!

When I read Chairman Bernanke's book eighteen months ago, along with two others, I knew I could apply his theory to this financial crisis. I knew in my heart of cards a recovery would begin this month, a year ago. As to how or why, I did not have to know this, I believed wholeheartedly in Chairman Bernanke's book. What I had done was taken his book and applied it to this mess and everything was coming true, so I knew his theory would be proven. It had to be true in my eyes. His theory was my yellow brick road. I knew we had to have the courage to face this crisis. I knew we had to have hope. I knew we had to stay focused on the end result - a recovery!

However, my only major disappointment: I wished this Administration would have pushed for small business assistance sooner and faster, rather than announcing yesterday more assistance. This was the same mistake FDR made during the Great Depression, which caused unemployment to rise to double digits. President Obama's Administration has apparently made the same mistake. We need to get small businesses assistance as in yesterday it seems. This is just my opinion.

Here are Christina Romer's words today:

"A recession that showed no signs of ending last January appears to be firmly entering the recovery phase," Christina Romer, chairwoman of the White House Council of Economic Advisers, said in remarks prepared for delivery to the congressional Joint Economic Committee.

http://www.cnbc.com/id/33431354#

Stay tuned...I have more to share. Just another day in the mortgage mess!