The reason the Federal Reserve is having so little effect is that virtually all of the “bad money” was created out of its reach. People create their own money in many types of transactions, and even if some portion goes through the Federal Reserve, for purposes of accounting between banks, the creation and existence of […]

Tags: banking, devaluation, Federal reserve, Germany, Glass Seagal, mortgage meltdown
Posted in bubble, Eviction |

Program Approach to the Way Out: Send this to everyone you know   Baltimore suing Wells Fargo is a wonderful first step in setting the stage for softening the landing on the mortgage meltdown. They are completely correct, and the research behind the standing of governmental entities and agencies to sue the lenders is impeccable. […]

Tags: Baltimore, EMS, fraud, GTC | Honor, Mortgage, Wells Fargo, workout
Posted in bubble, Eviction, securities fraud |

Hold everything!!: Second Bubble on the Way!!!???? Interest rates dropping, Fed lowering its rates, and incoming capital from China like it was water. We now see the strategy to prevent the world from marking the Bush administration down as the most foolish, stupidest in history.  The plan is to create a second bubble. They will […]

Tags: bubble, Fed, free money, housing prices, interest rates
Posted in bubble, Corruption, Eviction, securities fraud |