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 reform of America and Who should we blame … Continue reading Who caused the housing crisis? Why do people not believe all the studies?

A briefing about the foreclosure fraud crisis: its origin and impacts

Summary:  An introduction to the mortgage foreclosure fraud crisis.  At this time its size and importance remain unclear, but its evolution and resolution will tell us much about the state of America's political and judicial systems.  Esp see the links to more information at the end. The story is complex, and well covered elsewhere (see links … Continue reading A briefing about the foreclosure fraud crisis: its origin and impacts

Here’s an opportunity for the Tea Party: fighting foreclosure fraud by banks!

Summary:   The long recession has brought forth episodes of oppression and lawlessness that cry out for citizen activism.  Another Tea Party.  But we snooze on.  Here's one such, and reports of the some embers of the Republic which still burn brightly.  At the end are conclusions and links (for those who would like to know … Continue reading Here’s an opportunity for the Tea Party: fighting foreclosure fraud by banks!

Rumors of the coming “Slam Dunk” economic stimulus

Summary:  Having missed the last opportunity for legislation to avert the possible double-dip in late 2010 or early 2011, rumors fly that Team Obama plans a massive unconventional stimulus.  I suspect these rumors represent the flotsam and jetsam from serious discussions held in secret. After the global economy crashed in late 2008, mainstream economists (e.g., Krugman, Delong, … Continue reading Rumors of the coming “Slam Dunk” economic stimulus

Housing Update – dynamite to blast us out of our lethargy?

Summary:  Housing statistics are often misrepresented.  Much of the analysis comes from industry shills, and the data during this downturn challenges the long-standing American love of real estate.  Today the Census provides a powerful follow-up to Cutting through the fog to clearly understand the housing crisis. Today's bleak news from the Census Department: a stunning and record-high 19 … Continue reading Housing Update – dynamite to blast us out of our lethargy?