Are these scary numbers lying to us?

[Shanti S.]

"There are three kinds of lies: lies, damned lies, and statistics." - Mark Twain

I ran across this collection of charts about the U.S. housing market and have drawn my own conclusions but I’m looking for comments and reactions from the BP community as well:

http://www.doctorhousingbubble.com/housing-market-non-payments-foreclosures-10-financial-charts-united-states-housing-problems/

Shoot holes in the figures, dismiss this as internet fearmongering and damned lies, or confirm and discuss, folks...

I found charts 7 and 9 shocking simply because they made points that I hadn’t considered before - the massive amounts of people 12, even 24 months delinquent on their mortgages, but still in their homes, happily spending away the money that they should be paying on their loans, and artificially stimulating the economy in the process so that our current administration can spin this into good news - consumer spending is up! It must be the light at the end of the tunnel!

(edit) I asked the mods to move this post if possible, placed it by accident in the wrong category, clicking too fast while taking a break here, sorry folks