Tag: housing crisis

An important article to read about another example of the fading rule of law in America

Summary:  An important article at Harper’s, one every American should read, about the Mortgage Electronic Registration Systems (MERS), created in 1995 by the banks to circumvent property and mortgage laws in the US. “What’s happened is  that, almost overnight, we’ve switched from democracy in real-property  recording to oligarchy […]

Who caused the housing crisis? Why do people not believe all the studies?

Summary:  Among our most serious problems is the success of well-funded engines of propaganda at manipulating public opinion, making effective public policy reforms almost impossible.  Here we examine one example, convincing Americans that the government caused the housing bubble.  This is a follow-up to Facts are an obstacle to the […]