Fair Isaac is involved in a suspicious attempt to artificially boost the pool of eligible, credit-worthy mortgage and auto recipients. The company which is behind the crucial FICO score that determines every consumer’s credit rating, “will stop including in its FICO credit-score calculations any record of a consumer failing to pay a bill if the […]

Tags: bubble, FICO
Posted in Uncategorized |

Doesn’t anyone see that if “financial services” accounts for 40% of our GDP that it means we are kidding ourselves? THAT only means we are trading from the left pocket into the right pocket into the back pocket and around again — and counting it as GDP. Our real GDP is far lower than anything […]

Tags: bubble, building, consumer confidence, evidence, financial services, housing, housing market, jobs, Leonhardt, Ny Times, presumptions
Posted in bubble, Corruption, Eviction, securities fraud |

The American Economy: Vapor without Value My effort here has been to point out that we are creating a fraudulent environment, much like an embezzler, that requires more fraud and more lies each time to cover up the last fraud and the prior lies. Our economy is now one which runs on boom and bust […]

Tags: boom, bubble, bust, economy, fraud, lies, new economy, value
Posted in bubble, Corruption, Eviction |

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 |