To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
09/28/2009 8:26:45 AM PDT by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
Interesting article. Thanks for posting.
3 posted on
09/28/2009 8:56:16 AM PDT by
PGalt
To: TigerLikesRooster
“Loose regulation”? Nah, we need more deregulation.
4 posted on
09/28/2009 9:44:31 AM PDT by
Wolfie
To: TigerLikesRooster
Some of the players may have changed since the first subprime-mortgage crisis, but the game apparently remains the same. With banks currently unwilling to lend, the new federal triumvirate of the Obama administration, the Treasury and the Fed are trying to inflate the moribund U.S. housing market. This time around, however, the FHA is the weapon of choice. Obama & Co. are making an all-or-nothing bet that the U.S. economy will recover and bail out the housing market before the final bill for this ill-advised gambit comes due.
When this bubble bursts - and it will - U.S. taxpayers will be on the hook for more than $1 trillion in government-guaranteed debt.
More here.
5 posted on
09/28/2009 11:42:05 AM PDT by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson