The National Association of Realtors said Wednesday that sales of existing homes fell to their lowest level in almost 12 years, as prices also fell and are now near their six-year lows.

As rocky as the global markets have been, the worst is yet to come, the Royal Bank of Scotland Group PLC (ADR: RBS) warns.

The U.S. Federal Reserve will make sure the global financial markets have sufficient liquidity to operate effectively and will increase the size of its government bond auctions if additional capital is needed, central bank Chairman Ben S. Bernanke said today (Tuesday).

Say what you may, you certainly cannot accuse Hillary Clinton of inflexibility. Following the Democrat motto of “Do as I say, not as I do,” the Clinton campaign has become a living kamasutra of moral contortionists — a migrant carnival of double-jointed confidence artistes whose spectacular limberness would normally earn someone a place in Ripley’s Believe it or not!