A lot of things you’re complaining about are his stated opinions – kinda hard to know about him being dishonest with his own opinions. Of the others, I don’t see any errors in his facts.
I strongly disagree with him but I wouldn’t go so far as to say he’s lying.
Besides, there’s no getting away from the data. Alls he can do at this point is try to spin it and hope the sheeple will take him at his word. As for the rest of us, the trend will prove itself in its own good time.
BTW, $40,000 losses are bad (REALLY bad), but there are people here in SD who have already lost a lot more than that.