Fannie and Freddie Get a Little Breathing Room [View article]
This in combination with the raised jumbo limit is definitely enabling. More risk on bigger loans, continuing to prop up inflated house prices. The implication is just that the Federal government is "absorbing" the risk. End result is more dollar devaluation and inflation. More coolaid, anyone?
The End of U.S. Investing as We Know It? [View article]
just a month ago weren't those same WSJ economists saying we were NOT headed for a recession. And then they changed to something like, "50% chance of recession". Now it's, "looks like the recession will be mild." Bwahahaha
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