The following is a brief roundup of selected local newspaper editorials Monday: Liberty Times: Booming real estate and stock markets not a sign of economic recovery. Taiwan's booming stock and real estate markets do not signal the country's economic recovery. Actually, we are worried that President Ma Ying-jeou's increasing dependence on China for help with the country's economic woes will do more harm than good to Taiwan. Our worries are well grounded, as the Asian Development Bank has forecast Taiwan's economic growth at 2.4 percent for 2010, which is the second-lowest in Asia. China's economic development is more the result of a currency glut than an increase in production. Apple Daily: Coast Guard Administration is fawning over president. The Coast Guard Administration is currying favor with President Ma Ying-jeou by asking its staff to follow Ma's 'blue revolution and strengthening the country by exploring the oceans.' China Times: Deaflympics in Taipei should be as successful as World Games in Kaohsiung. The success of the Kaohsiung World Games undoubtedly has brought pressure to bear on Taipei City, which will host the Deaflympics Sept. 5-15. Since the The World Games was opened by President Ma Ying-jeou in his capacity of the country's head, people are sure to expect the organizing committee of the Taipei Deaflympics to follow suit. We are not certain that Taipei can do this, as the Deaflympics organizing committee has claimed that it follows the rules of the International Olympic Committee, in which Taiwan uses the name Chinese Taipei rather than the Republic of China. It suggested that Ma probably will not be able to preside over the opening of the Deaflympics as he did at the World Games. But we do not see why Taipei cannot do what Kaohsiung could, and the public will brook no excuse if Taipei fails to do this. United Daily News: Ex-president's ill-gotten wealth should be confiscated. Ex-President Chen Shui-bian's ill-gotten wealth is estimated at about NT$2 billion, most of which is salted away in banks overseas. Whether justice is done in the case involving Chen and his family will be judged not only by what punishments the court hands down but also by whether their ill- gotten gains are confiscated. We urge the court of appeal to take this into consideration when it considers whether to release Chen Shui-bian on bail. 