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 02 February 2010. Tags: American industry, American manufacturing, budget deficits, buy canned goods, buy disaster supplies, buy freezed-dried food, buy gold, buy silver, capitalism, congress, corporate subsidies, cost of labor, currency debasement, currency depreciation, current account, de-evoling economy, decline of the dollar, decreasing cost of labor, dollar, dollar decline, domestic goods, economic meltdown, Economics, economy, economy de-evolving, fall of the American Empire, federal reserve, fiat currency, finance, financial meltdown, free economy, free enterprise, freeze dried food, freezed-dried food, gold, gross domestic product, high unemployment, hyperinflation, industrial base, industrial base revival, inflating the money supply, inflation, inflation hedge, labor costs, labor unions, laissez-faire, libertarian, Lynn Tilton, manufacturing, manufacturing economy, manufacturing revival, market equilibrium, money supply, paper currencies, Patriarch Partners, political economy, political patronage, precious metals, prepare for disaster, printing money, protect against inflation, protect from inflation, public spending, rampant deficits, revival manufacturing, reviving the industrial base, Rob Viglione, silver, Spending, stock up on food, store food, store supplies, subsidizing industry, trade balance, trade deficit, U.S. dollar, unemployment, USD
Politicians love to preach about the virtues of an industrial base. They do it for three reasons: Industrial firms are great sources of subsidies and political patronage, such patronage buys support from organized labor union voting blocks, and it actually does make sense for countries to produce real things of value. Since WWII America’s industry has steadily declined as a percentage of GDP, but the winds of change are blowing. Continue Reading
Posted in Economics, Featured, Investing, Politics
Posted on 13 April 2009. Tags: AAA, accountability, acquisition, Alan Meltzer, apartment building, bailout programs, banking, banks, barack obama, Ben Bernanke, Benjamin Graham, Big Brother, big government, bond auction, bond market, borrow, buy your first apartment building, california, Carnegie mellon, CFA, CFA study program, Chairman, charter, Chartered Financial Analyst, CNN, commercial real estate, competitive, conservative insurgency, credit markets, crowd out, debt, Delta Global Advisors, depression, eavesdropping, economy, fair tax, Fed historian, federal, federal reserve, financial system, fiscal policies, Georgia, government debt, hedge inflation, hedge risk, history, hyperinflation, independent media, inflation, Keynes, learn about CFA, Michael Pento, Milton Friedman, monetary policy, money, money printing, money supply, municipal bonds, munis, nest egg, Obama administration, Obamanomics, older workers, online, political economist, Politics, President Obama, private placement, private sector, progressive taxation, public auction, public oversight, Real Estate, recession, releveraging, Retirement, risk, risk management, risk mitigation, Rob Viglione, Santa Monica Tea Party, secrecy, socal real estate advisors, spend, state, state secrets, struggling to pay taxes, surveillance, tax protests, tax reform, taxation, tea parties, tears, The Freedom Factory, transparency, Treasury securities, unemployment, Utah, valuation, value investing, what is a CFA, wiretapping
Obama continues Bush policy of surveillance secrecy despite campaign promises, tax protests spark conservative insurgency online, submit video footage of your tax woes to CNN and you might be aired nationally, Fed historian and political economist predicts worse inflation than 1970s, consider real estate as an inflation hedge, municipal bond market shows signs of life, older workers 45 years and older face brunt of recession, and flood of government debt crowds out private economy… Continue Reading
Posted in Featured, Freedom Under Fire