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  • Bernanke Doubling Down on Housing Bet Asks Government to Help

    From bloomberg.com

    Ben S. Bernanke is signaling his willingness to double down on a three-year bet that’s failed to revive housing, showing the extent of the Federal Reserve chairman’s effort to wrest a recovery from the deepest recession. Since the Fed started buying $1.25 trillion of mortgage bonds in January 2009, the value of U.S. housing has fallen 4.1 percent, and is down 32 percent from its 2006 peak, according to an S&P/Case-Shiller index. The central bank is poised to buy about $200 billion this year, or more than 20 percent of new loans, as it reinvests debt that’s being paid off. Some Fed officials have said they may ... (full story)

Splendid. Once the fed( a private, non-gubmint' entity) PRINTS SOME MORE OF THEIR OWN MONEY so they can own the mortgages(a/k/a the real estate we live in), AND control transportation, AND infiltrate the food supply(which they already have) ..THEN, we move closer to the far left....socialism and ultimately, communism- God forbid! It's time we do SOMETHING...and you know(search your heart) what there is to DO!
Blessings, Monk E.
Reviving HOUSING is a tought bet for bernake, cos he needs to take a call against many things & have to fight the current economical situation & world issues,
Social capitalism is the way to go
RIGHT ON BRO!
Quoting We_R_12
Splendid. Once the fed( a private, non-gubmint' entity) PRINTS SOME MORE OF THEIR OWN MONEY so they can own the mortgages(a/k/a the real estate we live in), AND control transportation, AND infiltrate the food supply(which they already have) ..THEN, we move closer to the far left....socialism and ultimately, communism- God forbid! It's time we do SOMETHING...and you know(search your heart) what there is to DO!
Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson(the smartest man we never heard!)

If you understand this quote, then there's no more mystery...
Sad part is, most sheeple enjoy the stuff more than the liberty. Time to jump on-board the Mayflower & sail to a new land of promise....damn, they're all leased.
Perfectly described

Quoting bigslice54
Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson(the smartest...
  •  Guest
  • | IP XX.XX.147.195
There is plenty money out there. I don't see why some of our RICH society strata don't exctend a helping hand, and postpone their VULTURE CAPITALISTIC appetite for a future date.

Our governments has other more important PRIORITIES to attend. Like creating an exclusive Economic Infra-Structure to satisfy our CITICENRY'S basic primary needs.
  •  Guest
  • | IP XX.XX.131.131
i don't think most are sheeple, almost everything is controlled by the banks and corporations, so people can only resign to their fate to endure the continuous indirect tax
Don't lose hope. There are many Americans who still believe in the founding principles of the Nation.
Ignore the teleprompter reading assholes who can turn a sunny day into the end of the world.
"Don't Tread On Me" still is in the hearts of the majority of Americans.
  • New Comment
  •  Guest
  • | IP X.XXX.46.172
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  • Story Stats
  • Posted: Jan 11, 2012 9:02am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 9  /  Views: 2,166