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Wall St Funded Self-Help Housing Propaganda Greased the Real Estate Bubble

By JodyChunder   Follow   Sat, 20 Oct 2012, 7:08pm   314 views   2 comments
In Victorville CA 92392   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://exiledonline.com/recovered-history-wall-street-funded-self-help-propaganda-greased-the-real-estate-bubble/#comments

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1. CaptainShuddup Follow Befriend (1) 246 threads 4,656 comments

   1   8:00am Sun 21 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike   It's hard to blame a book wrote in 2005 when the bubble was in full swing in South Florida starting in late 2001 into early 2002. The year before(late 2000) when I was house shopping I was looking at places in a 79K-120K but by early 2002, those same properties with the same specs were listing for 175K-220K. According to the chart in that article the book came out at the peak. I blame City managers and planners. I'm convinced they shared information across the country, their winning formula for a secret success. Where these people were touting higher tax revenue and an over all greater wealth and a higher standard of employment through.

2. Ceffer Follow Befriend 6 threads 642 comments Pleasanton, CA

   2   11:23am Sun 21 Oct 2012   Share   Quote   Permalink   Like   Dislike   Any different than the state "controller" appearing in TV ads asking for more tax money? Controllers are supposed to identify waste and fraud, not pimp taxes to pad the graft. Public service unions and special interests just give him a reach around and he coughs up tax money. Maybe they should call him a Pez tax dispenser for the crooked instead of controller. The "myth of authority" never seems to fail to harvest suckers, whether it is the Gov or Wall Street.