1

Mike Shedlock – Obama’s Brilliant Bullshit!

On Tuesday evening I watched president Obama’s state of the union address. It was brilliant. Obama rang all the bells, dotted all the i’s, and attacked all the ghosts. At times, he even made sense. All in all, it was a brilliant effort, possibly his best speech ever, even though his speech was essentially bullshit. In case you missed that …

subprime mortgage

GOVERNMENT USING SUBPRIME MORTGAGES TO PUMP HOUSING RECOVERY – TAXPAYERS WILL PAY AGAIN

It seems hard to believe, but your government is purposely recreating the mortgage debacle of 2007 and putting you on the hook for the billions in losses coming down the road. In their frantic effort to generate the appearance of economic recovery they are willing to gamble with taxpayer’s money while luring unsuspecting blue collar folks into buying houses they …