Mortgage Markets – Week of 7.07.08
Housing Market Meltdown Causes Massive Losses By Dean Baker – The Center for Economic & Policy Research (9 Jul 2008)
Housing Market Meltdown Causes Massive Losses By Dean Baker – The Center for Economic & Policy Research (9 Jul 2008)
Given the interest in the housing and mortgage bubble, here are links to introduce leading institutional players in the governance, regulation and credit guarantee/enhancement of the US mortgage market.
As the housing and mortgage bubble was a component of the “strong dollar policy,” the same players are also present in the other components, including the suppression of the gold price (a necessary step that preceded this bubble as the suppression of the gold price turns off the financial “smoke alarm”) and the refusal to produce audited financial statements for the US government from fiscal 1995 to date (as required by law) thus allowiing trillions to go missing from the US government.
Given the interest in the housing and mortgage bubble, here are links to introduce leading institutional players in the governance, regulation and credit guarantee/enhancement of the US mortgage market.
As the housing and mortgage bubble was a component of the “strong dollar policy,” the same players are also present in the other components, including the suppression of the gold price (a necessary step that preceded this bubble as the suppression of the gold price turns off the financial “smoke alarm”) and the refusal to produce audited financial statements for the US government from fiscal 1995 to date (as required by law) thus allowiing trillions to go missing from the US government.
Thanks to Caroline Casey at visionaryactivism.com for pointing this out.
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