- Austerity Is The Key To The Eurozone Crisis
- We Face Derivative Collateral Deflation And ECB Banks Could Be The Losers
- The Confiscatory Cyprus Bank Tax Idea Destroyed European Bank Confidence
- Thanks To Japan We Know How Central Banks Can Control Inflation
- Ben Bernanke's Diabolical Plan To Turn Mortgage-Backed Securities Into Pristine Collateral
Gary A
Gary A
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ABOUT
I am retired from Fresno County. I like to blog and comment on financial matters. I knew of the housing bubble in late 2005, way before Cramer. I believe that the central banking establishment set up excessive and damaging credit vehicles both for investors and for borrowers. Investors were swindled but no one goes to jail. Borrowers were given so much easy money that the loans themselves pushed the value of houses up to unsustainable heights. It is worthwhile to "fight" the lending abuses peacefully, with education and through legal means where possible.
I am not an investment counselor nor am I an attorney so my views are not to be considered investment advice. It seems from my understanding of the ...More economy, that folks who fight the Fed are fighting a force that is powerful, capable of keeping interest rates low, etc.
I am not an investment counselor nor am I an attorney so my views are not to be considered investment advice. It seems from my understanding of the ...More economy, that folks who fight the Fed are fighting a force that is powerful, capable of keeping interest rates low, etc.
SNAPSHOT
- Description: Professional Blogger. Trading frequency: Infrequent
- Interests: Retirement savings
COMPANY
CosmeticFlair.com CosmeticFlair.com is a beauty tips website from a man's perspective. It is a welcome diversion from blogging about the dark issues of economics. Blogging about news in glamour is a lot more fun.
BLOG
Say No to Recourse Loans
On my blog I discuss the past housing bubble, the crash and future housing bubbles and scams. Offering easy money loans should be against the law but is not. Selling bogus AAA rated bonds should have been prosecuted but the scheme came from the bankers at Basel 2. You can't go higher than that. I contribute ...More
to Business Insider and if you read my articles there you may find them interesting. My blog discusses those articles, my ebooks and other punditry. I view housing as being a store of value as being risky, very risky.
Book
Will Rogers:From Great Depression to Great Recession As a 10th grade dropout, the most powerful pundit of his time saw through the behavior of predatory bankers. And he had the forum with which to warn the nation. In the Great Depression and the times leading up to it, there was a mainstream voice for the people. In the days leading up to our ponzi housing ...More
bubble and even after the crash, there is no such powerful journalist. Don't be deceived, Will Rogers would have figured out the current banker schemes just as effectively as he figured out the schemes and scams of his time.
Until the mainstream press adopts the powerful words of Will Rogers, you know that the financial powers that be remain in firm control. Until you see words like Will Roger's quotes about banks on your major TV and news publications, you know that your democracy has been taken from you. You can be sure that bad bank behavior will still be with us, with schemes and scams certain to find an evil place for most households in America.
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Erin Burnett is a member of the Council on Foreign Relations. She is a minion of the central banker cartel. #rt
Apr 30, 2011
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