Another Obama Fleecing The Foreclosure-to-Rental Boondoggle by MIKE WHITNEY “The national housing market took a hit in the latter half of 2011, falling to new lows not seen since the housing crisis began six years ago, according to data out Tuesday by S&P/Case-Shiller Home Price Indices……The index is down 33.6 percent from its peak in mid-2006.” – Washington [...]
Tags: Fannie Mae, Federal Housing Administration, Federal Housing Finance Agency, Florida, Foreclosure, Mike Whitney, Real estate economics, Real Estate-Owned, REO, S&P/Case-Shiller Home Price Indices, United States
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, US Politics | No Comments »
Amnesty for the Indefensible White House / Pete Souza By Robert Scheer As Chomsky put it so well crime does not pay unless of course it is backed by the state. That much is all a part of capitalist democracy as much as any other system. It seems that the banks despite an official bail out [...]
Tags: Barack Obama, Eric Schneiderman, Federal Housing Administration, Federal Reserve Bank of New York, New York Attorney General, New York Times, United States Department of Justice, Wall Street
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Education, elections, Elites, Fascism, Foreign Policy, Imperial Project, Imperialism | No Comments »
