The Affordable Mortgage Depression
Government policies were designed to increase homeownership. Affordable Mortgages, created to realize this goal, were responsible for the Housing Bubble and distorted the economy. The unwinding of these distortions will result in a Global Depression.
The Affordable Mortgage Depression: Category Archive for Links to Other Articles

Excerpt from Bloomberg Editorial: "Buffett's $7M Sacrifice Is Only a Start"

Bank of America's Woes Discussed in November of 2008

Link to "Your Fat Paycheck Keeps Neighbors Unemployed" by Kevin Hassett

Housing Stimulus Convinced Between 900,000 and 1.5 Million Families to Buy Overvalued Homes. 7.5 Million Transactions Have Been Executed Since Feb. 2009 at Government Manipulated Prices.

Addendum to "Could Condo Prices Fall to Zero?" According to CNN There Are Examples In Bust Markets That Are Getting Close

Steve Wynn Video Commentary on the Debilitating Effect of Government Intervention on Economic Activity and U.S. Solvency

3 WSJ Article Links: Unemployment Benefits Aren't Stimulus, The Right Way to Raise Wages & Obama and the Spending Volcano

Cogent Economic Understanding in a World Gone Mad: "An Economy of Liars" - WSJ

A Definitive Study Demonstrating that Stimulus Spending was an Egregious Waste of Money and a Political Boondoggle

Links to Four Excellent Articles (UK's Guardian and WSJ)

The Mortgage Bankers Association Demonstrates Its Lack of Real Estate Market Understanding

The Federal Reserve, FDIC and Bank Regulators Ignored Repeated Warnings of a Housing Crash Going Back to 2005

What Happens When Consumer Behavior is Distorted by Government Subsidies? A Case Study Which Bodes Poorly for Housing.

Government Foreclosure Mitigation Schemes Do Not Work - Update Courtesy of MSNBC

The AP Concludes that Stimulus Spending Was a Total Waste of Money

The Economist Observes that Asset Prices are Being Propped Up by Unsustainable Government Stimulus

The Housing Tsunami’s Second Wave by Richard Benson

Links to 7 Exceptional "AMD-Related" Articles by The Economist

Forwarded Article: "Federal Conservator of Freddie, Fannie Hopes to Avoid ‘Folly’ of Past Lending Practices"

Must Read WSJ Editorial: "Barney the Underwriter"

Link to Article in Pravda (Russia) On the Collapse of American Capitalism

You Owe an Additional $55,000 for the Past Year of Government Spending

A Perspective on Hank Fishkind and Fishkind & Associates

“Kick the Can”, “Hot Potato”, “Home Price Relativism” and Other Fun Housing Depression Games

An Insightful Analysis of U.S. Insolvency and a Witty Solution to the Problem

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