Buried Headlines: August 2, 2012

For four years now the financial media have been surprised by the depths of this economic depression. According to Google, the word "unexpectedly" appears 223,000 times on cnbc.com. Dollars to donuts the majority of instances in which that word was used has been since 2007.

US Factory Orders "Unexpectedly" Fall Again

In other news:

Government Motors Profits Tumble 41%

Jobless Claims Increase

Gas Prices Post Rare, Steep Rise In July

Latest Market Glitch Shows Trading "Out of Control"

IRS Pays Out Billions In Fraudulent Refunds

International Data On Living Standards Show U.S. Should Not Emulate Europe