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mlyons
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The Government Is Desperate To Re-Stimulate Housing Sales - Dave Kranzler
- Sprott Money -
While they are picturesque, the Canadian Federal Parliament buildings (shown in the picture) have little connection with an article related to the financial markets in the USA, and USA financial institutions, such as the Federal Reserve, Fannie May, Freddie Mac, FHA, VHA, USDA , etc.
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The Fed printed $2.5 trillion to prop up the mortgage market and the Government “refurbished” all of the mortgage programs it sponsors (Fannie Mae, Freddie Mac, FHA, VHA, USDA) in a way that positioned the Government/taxpayer as the new subprime lender of choice. The two programs combined inflated a new housing bubble – one that ended up fueling housing price inflation more than sales volume. The FHA program was the first program to replace the collapsed subprime mortgage lenders of t...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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ferzi
- 20/04/2013 à 20:03 GMT
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