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Economy
See other Economy Articles

Title: U.S. MAY S&P/CASE-SHILLER HOME PRICES RISE 4.6% VS YEAR AGO [African American Hating Nebby on Suicide Watch]
Source: BBG
URL Source: http://www.bloomberg.com
Published: Jul 27, 2010
Author: CARLOS TORRES
Post Date: 2010-07-27 09:07:11 by war
Keywords: None
Views: 20575
Comments: 39

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 5.

#1. To: war (#0)

At some point within months, the US will have to bring Freddie, Fannie and Ginnie on the books.

At that point $7 Trillion in toxic waste will be transferred to the US.

Months later housing will be going at 50 cents of today's $.

The Bottom 90% will have Zero Equity. Zero gains for the last 40 years.

mcgowanjm  posted on  2010-07-27   9:19:54 ET  Reply   Untrace   Trace   Private Reply  


#2. To: mcgowanjm (#1)

At that point $7 Trillion in toxic waste will be transferred to the US.

Trust me when I tell you that it is already there.

war  posted on  2010-07-27   9:23:47 ET  Reply   Untrace   Trace   Private Reply  


#3. To: war (#2)

Trust me when I tell you that it is already there.

Trust me when I tell you it's not.

The moment it is, the US is out of the Mortgage bizness, and the US is All there is holding the Mortgage bizness up now.

Getting the Small People to go into debt now on a home soon to be worthless is a Ponzi.

There just isn't anyone left.

mcgowanjm  posted on  2010-07-27   9:53:32 ET  Reply   Untrace   Trace   Private Reply  


#5. To: mcgowanjm (#3)

Trust me when I tell you it's not.

Who funds the Fed?

war  posted on  2010-07-27   10:01:43 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 5.

#7. To: war (#5)

Who funds the Fed?

The Fed is a Private organization that thru illegal means put itself between our government and us the People. IT HAS FAILED at Stablization of our currency and creating jobs.

The US uses the Fed to avoid responsibility and to concentrate wealth.

Better question. Why have Private Banks at all?

mcgowanjm  posted on  2010-07-27 10:09:05 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 5.

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