An irreverent perspective on the Treasury Department's economic policy.
http://www.youtube.com/watch?v=Zbnd0jJWc54
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The Housing Bubble and an impending "Affordable Mortgage Depression" are the result of government intervention intended to realize a social agenda. Legislation distorted market forces and the economic incentives of mortgage lenders and home buyers. Affordable Mortgages, necessary for subprime borrowers to access homeownership, decoupled housing prices from the fundamentals of value. The unwinding of these economic distortions will result in a Global Depression.
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2009
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March
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- Attention Housing Optimists
- Alan Greenspan's Irrational Exuberance
- Enlightening New York Times Article on the Housing...
- A Textbook Illustration of Failed Government Inver...
- South Park's Take on Economic Policy
- Geithner’s Toxic Asset Purchase Plan is a Scam
- Rising Home Sales Are Not Overtly Positive
- The Beginnings of American Economic Fascism
- More Politically Expedient, Progressive, Populism
- Doomsday Scenarios: Could Condo Prices Fall to Zero?
- Chart: Portrait of a Burgeoning Counter-Revolution
- Doomsday Scenarios: Could Americans Stop Paying Th...
- Revisiting the Defining Chart of “The Affordable M...
- Sheila Bair is Incompetent
- Obama's Foreclosure-Prevention Plan Will Lengthen ...
- The "New" Great Depression Era Propaganda
- Companies That are "Too Big to Fail" are Too Big
- Another Way the Government is Stealing From Us
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March
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