Wednesday, September 15, 2010

The results of government sanctioned and regulated fraud...

I do not agree with the assumptions in this video regarding government programs being able to fix what government corruption and fraud has engineered. Nonetheless, it is an interesting video.

The fox will never guard the hen house and the government will never create productive jobs that generate a return on the capital required to make them. That is just a panacea. The only solution is balance...and that does not promise to be an easy trip to get there.

The fact is that we do not need more homes. The homes in this video were financed by the FHA, Freddie Mac, Fannie Mae and ultimately the unwilling and unprepared taxpayer in order to benefit the debt money system ponzi scheme and generate huge bonuses, contributions and incentives for special interests. That is NOT the definition of balance. No solution that does not seek a balance will survive. Certainly not one implemented by inept and corrupt leaders like Bernake, Obama and Bush.

Look out below.
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