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    • Fri Dec 28th 00:40 AM | Rating: 0 0
      Commented on:
      Time to Reform the Fed?
      Amen to this article (I'm sure I'll see the reprecusions from my post but it can't be any worse than it is now since I DON'T PLAY the game)!

      There has been far too many, for far too many years, monkeying around with the financial aspects of real estate - it is, and has been (across the party lines) a "fantastic method" to show an improvement in the economy (or that the economy is strong).

      I have seen way too many new developments of "affordable housing" turned into the NEW BARRIOS because of the government subsidized financing where someone goes in with absolutely NOTHING invested. What the heck do they have to loose?
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