Wednesday, April 3, 2013

Another gift from the Federal Reserve.

Bubble, bubble, toil and trouble. How the Fed fueled an explosion in subprime auto loans


SWIFT said...

There is more insanity; the Obama administration is pushing banks to again accept sub-prime loans for housing. The same sub-prime loans (started under Bill Clinton) that led up to the 2008 housing crash. No explanation on how this time will be different.It won't. It isn't just this administration, the whole world has turned upside down. Nothing works and nothing makes sense. For shit sake, keeping re-loading and prepping.

Charles N. Steele said...

Meanwhile, President O. is pushing for another real estate bubble:

Business Insider

Human Events

Anonymous said...

His or rather, they're (he's not doing this by himself) entire focus is to damage the America economy, beyond repair.

To blow it up so bad that people beg for help which will of course be supplied by a new and better government that just coincidently will be Marxist, ahem, more Marxist.

In my experience, Marxists tend to be involved in a lot of coincidences, that benefit them and their KOS. But there's no conspiracy or anything like that, no, no. That's just crazy talk from crazy town.