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« UPDATE: New Bill Requires Gold & Silver Registration | Main | The Single Chart That Should Force The Fed Out Of Business »
Wednesday
Apr032013

Freddie Mac Promotes Housing Bubble 2.0

From gloom to bloom, excesses already forgotten.

Freddie Mac Chief Economist, Frank Nothaft, delivers housing propaganda straight from the government, which also happens to be the source for 90% of new mortgages, between Fannie, Freddie and the FHA.

 

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Reader Comments (4)

The GSE's are risk filters.

ObamaCare replaces "go naked' or "premium death spiral"
and an inability to move between states if you have
med history with impinging monopoly, immunity from
anti-trust, risk filtering to the point of a shakedown
imposing poverty, gatekeeping and pay to play.

It imitates the great monopolies of the past.
Apr 3, 2013 at 2:42 PM | Unregistered CommenterBiff Tannin
This chart from Market Ticker might cork up Frank's bubbling fountain of bullshit!!


http://market-ticker.org/akcs-www?post=219400
Apr 3, 2013 at 3:41 PM | Unregistered CommenterSagebrush
Thx sage.
Apr 4, 2013 at 2:21 AM | Unregistered CommenterDailyBail
Those who cannot learn from history are doomed to repeat it. Those who do not remember their past are condemned to repeat their mistakes.

Considering that the average American has the attention span of a 3 year old, you know what THAT means: MISTAKES AD NAUSEUM!
Apr 4, 2013 at 3:33 AM | Unregistered CommenterRecoveryless Recovery

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