Peter Schiff sees socialization of United States bubble economy will sink the Federal Reserve Note. US mortgage giants Fannie Mae and Freddie Mac are facing growing pressure as fears intensify about a potential calamity at the firms, which underpin trillions of dollars in home loans. Together they own or guarantee some US$5.2 trillion in loans, [...]
Tag Archives: Collapse
Dollar Collapse – Firms Which Underpin Trillions In Home Loans Implode – Bailout Equals Dollar Destruction
Posted by admin on August 4, 2010
5 comments
Inflation, deflation, subprime mortgage crisis, & banks
Posted by admin on July 19, 2010
23 comments
On clarification: I shouldn’t have said ALL the interest goes to a bank. Part generally goes to either the Fed or depositor of an interest bearing account. The bank only skims the difference in the interest rates. My views on the debate about inflation vs. deflation and the subprime mortgage crisis. keywords: bear stearns banking [...]
Home Prices decline 18.1%; Mortgage Applications Down; Special Message
Posted by admin on July 19, 2010
25 comments
Federal agents hunt for guns, one house at a time http://www.chron.com/disp/story.mpl/front/6505651.html U.S. mortgage applications fall to 7-month low http://finance.yahoo.com/news/US-mortgage-applications-fall-rb-4099573864.html?x=0&.v=3 Iran’s president says enemies’ ‘soft overthrow’ failed http://www.latimes.com/news/nationworld/world/la-fg-iran1-2009jul01,0,4811927.story Gloomy U.S. consumers clip housing recovery hopes http://finance.yahoo.com/news/Gloomy-US-consumers-clip-rb-2688130524.html?x=0&.v=1 Home prices post 18.1 percent annual drop in April http://finance.yahoo.com/news/Home-prices-post-181-percent-apf-801285894.html?x=0 More Americans See Democratic Party as Too Liberal http://www.gallup.com/poll/121307/More-Americans-See-Democratic-Party-Too-Liberal.aspx?version=print Democrat [...]