“We are told that the housing recovery is strong. Then why is the best-performing new home building stock losing money? The Federal Reserve is buying about $40 billion worth of Fannie Mae and Freddie Mac bonds every month in order to sustain the present housing recovery. How is this market going to be sustained when the Federal Reserve finally stops creating half a trillion dollars a year worth of fiat money in order to goose the housing market? This is clearly the most manipulated market in the history of the United States. Bernanke and his associates have decided that it is the Federal Reserve’s job is to subsidize housing in the United States.”
http://teapartyeconomist.com/2013/03/22/housing-addicted-to-fiat-money/
Related posts:
Belgian MP LAURENT LOUIS stands against war in Mali and exposes the international neo-colonial plot
Despite Recession In Europe, Entrepreneurial Ecosystems Developing
Cop Acquitted After Killing Man Crawling On Hotel Floor Begging for His Life
Expansionist Madness in the House Regarding Israel
An Easy Solution to Owning Gold Offshore In Your IRA
Another Lying Rice in the White House
Hackers Hit the IRS and Make Off With 100K Taxpayers’ Files
Did Romney disqualify himself by accepting foreign cash?
Domino's Pizza unveils U.S. infrastructure project filling potholes
Compare Gold Coin Prices and Premiums, Best Deals on Physical Gold Bullion Worldwide
The Turing Phone Is Built to Be Unhackable and Unbreakable
Romney Executes Republican Party Power Grab
U.S. military judge: ‘Torture’ is not ‘relevant’ in Guantanamo cases
Boulder DA Stops Marijuana Possession Prosecutions
There’s No End in Sight to the Bull Market in Stocks