[Jack Hydrazine]

"Yup, that combined with the Depression-level job situation."



By my own rough estimate the real unemployment level is at least 19%.

The unemployment rate topped out in the US at 25% in 1933. Most people don't even realize that we are in an economic depression since the government has done such a great job at covering it up.

[Hambone 1934]

They are covering up more than that. FHA is the one bringing back the subprime mortgage.Dems couldn’t handle the democrat voters not having homes.You can have a 500 FICO score,a gift as down payment and you could own a home..They will let you put a small down payment on the new house,even if half your salary will go to mortgage.People who have a bankruptcy can still buy a home..The good news is they don`t go through the big banks anymore..So,no shorting the housing market this time..When it all blows up,once again taxpayers will pay..This time the Obama administration set it up this way.