Very interesting. The tax base (vacant homes, people living in homes that aren’t being foreclosed on, etc., etc.)is crumbling for municipalities/cities/townships. People aren’t buying into “the discipline of debt” game anymore. Get lost Fannie, Freddie, Feddy.
A couple other ones you might like
http://www.thedailybell.com/682/Tim-Geithner-US-Must-Learn-to-Live-Within-its-Means.html
http://www.thedailybell.com/683/Wikipedia-as-Elite-Propaganda-Mill.html
http://www.thedailybell.com/681/Nelson-Hultberg-The-Fed-is-a-Fascist-Cartel.html