Posted on 18 June 2010. Tags: agencies, american peasants, austrian economic theory, austrian economics, Big Brother, blog economics, blog political, blog politics, blog real estate, blogging political, blogging real estate, bubble real estate, buyer real estate, buying real estate, capital, capital structure, capitalism, conspiracy theory, crash, debt, debt capital, deflation, department housing urban, Department of Housing and Urban Development, depression, diluting currency, dollar, Economics, economics blog, economics blogging, economics real estate, equity, equity capital, Fannie Mae, federal agencies, federal housing administration, federal national mortgage association, federal reserve, federal reserve flow of funds, feudalism, fha, financing real estate, fiscal policy, FNM, Freddie Mac, government, government policy, great recession, holc, homeowner society, homeowners, homeowners loan corporation, homes, housing, housing bubble, housing bubble crash, housing policy, housing politics, housing recession, HUD, hyperinflation, inflation, institutions, interest rates mortgage, liquidity, monetary policy, mortgage, mortgage interest rates, mortgage rates, mortgages, ownership society, peasants, policy, policy housing, political, political blog, political blogging, political policy, Politics, politics blog, property, public institutions, quantitative easing, rates mortgage, Real Estate, real estate blog, real estate blogging, real estate bubble, real estate bubble crash, real estate buyers, real estate buying, real estate economics, real estate financing, real estate policies, real estate policy, real property, Road to Serfdom, serfdom, serfdom road, theory conspiracy, transfer ownership, U.S. dollar, urban housing, USD
The capital structure of US real estate assets has been in a long process of change. By subsidizing real estate and making mortgage debt artificially cheaper than equity capital, the US government has been effectively transferring real estate ownership from individuals to lending institutions and the Federal Reserve. Here’s how this game has been unfolding, and a warning to Americans that they will one day wake up in a country where most people live as feudalistic peasants, beholden to their banking and political overlords. Continue Reading
Posted in Economics, Politics, Real Estate
Posted on 19 April 2009. Tags: affluent, back door to nationalization, banking, banks, barack obama, bonds, budget deficit, budget gap, carbon cap-and-trade, carbon emissions, Caribbean, charity, China, Chinese, climate change, congress, credit cards, currency, debt, deduction, diverisfy, economic adviser, Economics, Energy Secretary, equity, exemptions, federal revenue, financial industry, free enterprise, free market, global warming, greenhouse gases, Health Care, income tax, interest rates, international, Larry Summers, loans, monetary system, nationalization, nationalize, policy, Politics, Premier Wen Jiabao, President Obama, private sector, protectionism, public ownership, public policy, reserve currency, reserves, revenue raising plans, Rob Viglione, secondary market, socialism, Steven Chu, tax loophole, Tim Geithner, too high, Treasury, USD, usury, water levels, write off
U.S. Treasury Dept. considers converting loans to equity ownership in major U.S. banks…is this a backdoor to nationalization? Congressional push-back to Obama’s revenue raising plans is leaving $1 trillion gap in budget, Obama set to take on credit card companies for charging interest rates that he considers too high, the U.S. Energy Secretary warns that some Caribbean islands will disappear because of Global Warming, and China issues another condemnation of U.S. economic policies…threatens to diversify currency reserves out of USD… Continue Reading
Posted in Featured, Freedom Under Fire
