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 Blind Leading the Blind

“Affordable Housing” Incompetence and Hypocrisy

Posted by Whitney Ross at 3/16/2010 10:40 AM | Add Comment

Portrait of a Failed Attempt to Prop Up Housing Prices

Posted by Whitney Ross at 3/3/2010 10:17 PM | Add Comment

Housing Sales “Unexpectedly” Collapse Providing Institutional Economists an Education in Economics and Common Sense

Posted by Whitney Ross at 3/1/2010 9:12 AM | View Comments (1) | Add Comment

The One Year Anniversary of The Stimulus Spending Bill

Posted by Whitney Ross at 2/17/2010 9:05 PM | Add Comment

The War Against the Poor: Change in Unemployment Rates by Income Level

Posted by Whitney Ross at 2/15/2010 11:31 PM | Add Comment

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

Posted by Whitney Ross at 2/9/2010 11:58 AM | Add Comment

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

Posted by Whitney Ross at 2/4/2010 3:22 PM | Add Comment

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

Posted by Whitney Ross at 2/2/2010 11:17 PM | Add Comment

Why Not Manufacture 20% GDP Growth in 2010?

Posted by Whitney Ross at 1/29/2010 12:11 PM | Add Comment

Ben Bernanke Cleary Established the Case Against His Own Renomination in 2005

Posted by Whitney Ross at 1/23/2010 5:55 PM | Add Comment

A Higher Debt Ceiling: "The Perfect Christmas Gift for An Over-Leveraged Country"

Posted by Whitney Ross at 12/24/2009 4:04 PM | Add Comment

Senator Bunning Statement On The Re-Nomination Of Ben Bernanke To Be Chairman Of The Federal Reserve

Posted by Whitney Ross at 12/15/2009 11:38 AM | Add Comment

Manufacturing An Economic Depression: Observations About Global Warming

Posted by Whitney Ross at 12/14/2009 10:55 AM | Add Comment

The War Against the Poor: Impact of the Minimum Wage Increase

Posted by Whitney Ross at 11/17/2009 12:21 PM | Add Comment

Why NAR's Rosy Housing Price Prediction Will Be Wrong Again

Posted by Whitney Ross at 11/16/2009 10:22 AM | Add Comment

Supplemental: More Health Care Reform Common Sense

Posted by Whitney Ross at 11/9/2009 4:39 PM | Add Comment

Reminder: Economist Hank Fishkind Declares Depression Over in 21 Days

Posted by Whitney Ross at 10/29/2009 11:35 AM | View Comments (2) | Add Comment

The Government Turns Over a New Leaf, Stops Paying to Distort Consumer Behavior and Ceases Deficit-Financed Spending!!!

Posted by Whitney Ross at 7/31/2009 8:50 AM | Add Comment

The Most Interesting Housing Event Since Prices Began to Decline in 2006

Posted by Whitney Ross at 7/29/2009 1:24 PM | View Comments (9) | Add Comment

Manufacturing the Next Great Depression: Raising the Minimum Wage

Posted by Whitney Ross at 7/21/2009 3:17 PM | Add Comment

Lessons from the Great Depression: Chicago Tribune Cartoon from 1934

Posted by Whitney Ross at 7/18/2009 1:13 PM | Add Comment

The Failure of Ben Bernanke. Part V: “Hitting the Panic Button”

Posted by Whitney Ross at 7/16/2009 8:38 AM | Add Comment

The Twilight Zone: “Nightmare at 2,821,474 Feet”

Posted by Whitney Ross at 7/14/2009 11:12 AM | Add Comment

Chart: Estimated Annual Rate of Inflation/Deflation, Including Housing Prices, Since 2000

Posted by Whitney Ross at 7/12/2009 4:42 PM | Add Comment

The New York Times Continues its Attempt to Destroy The Housing Market Through Mortgage Principal Reductions

Posted by Whitney Ross at 7/6/2009 11:11 AM | Add Comment

Hank Fishkind Declares Recession Over In November! Argues Vehemently that Even a Broken Clock is Right Twice a Day.

Posted by Whitney Ross at 7/6/2009 9:35 AM | Add Comment

The Federal Government’s Housing Investment Scheme

Posted by Whitney Ross at 6/29/2009 1:09 PM | Add Comment

Must Read WSJ Editorial: "Barney the Underwriter"

Posted by Whitney Ross at 6/24/2009 12:27 PM | Add Comment

The Failure of Ben Bernanke. Part II: "Ignorance is Bliss"

Posted by Whitney Ross at 6/24/2009 9:31 AM | Add Comment

Hank Fishkind Flashback: "Florida’s housing markets bottomed out in 2006"

Posted by Whitney Ross at 6/23/2009 3:44 PM | Add Comment

The Failure of Ben Bernanke. Part I: "It's All Academic"

Posted by Whitney Ross at 6/22/2009 7:55 AM | Add Comment

AMD Historical Case Study: Predicting the Collapse of Fannie Mae and Freddie Mac

Posted by Whitney Ross at 6/21/2009 11:43 AM | Add Comment

Updating Unemployment and Failed Stimulus Spending with Assistance from Joe Biden

Posted by Whitney Ross at 6/5/2009 11:26 AM | View Comments (1) | Add Comment

The Government Owned Car Industry Will Be a Disaster

Posted by Whitney Ross at 6/1/2009 9:35 AM | Add Comment

Is a California Bail-Out the Worst Idea Yet?

Posted by Whitney Ross at 5/19/2009 1:43 PM | Add Comment

The Addled Oracle Prostitutes Himself to NAR. Lawrence Yun Positively Giddy!

Posted by Whitney Ross at 5/12/2009 3:12 PM | Add Comment

The Stimulus Spending Delusion

Posted by Whitney Ross at 5/8/2009 9:09 AM | View Comments (2) | Add Comment

Stress Test "Adverse" Assumptions Look Optimistic and Short-Sighted

Posted by Whitney Ross at 5/7/2009 10:18 AM | Add Comment

Response to Comment Regarding the Unenviable Record of Henry Fishkind

Posted by Whitney Ross at 5/4/2009 2:02 PM | Add Comment

Private Property Rights and Fiduciary Duty Subverted by Political Tyranny

Posted by Whitney Ross at 4/30/2009 3:25 PM | Add Comment

“Stress Testing” Demonstrates How Incompetent Federal Regulators Continue to Make Things Worse

Posted by Whitney Ross at 4/21/2009 10:38 AM | Add Comment

The Depression is Over (yawn)... Again

Posted by Whitney Ross at 4/20/2009 12:12 PM | Add Comment

Highlighting the Historical, Functional Incompetence of our Economic Leaders

Posted by Whitney Ross at 4/18/2009 9:19 AM | Add Comment

Fishkind's Florida Folly

Posted by Whitney Ross at 4/12/2009 3:35 PM | View Comments (2) | Add Comment

Why Keynes is Irrelevant

Posted by Whitney Ross at 4/9/2009 9:26 PM | Add Comment

Alan Greenspan's Irrational Mortgage Interest Rate Exuberance

Posted by Whitney Ross at 3/31/2009 10:06 AM | Add Comment

A Textbook Illustration of Failed Government Invervention in the Housing Market

Posted by Whitney Ross at 3/27/2009 11:39 AM | Add Comment

South Park's Take on U.S. Economic Policy

Posted by Whitney Ross at 3/26/2009 1:52 PM | Add Comment

Geithner’s Toxic Asset Purchase Plan is a Scam

Posted by Whitney Ross at 3/26/2009 9:08 AM | Add Comment

The Beginnings of American Economic Fascism

Posted by Whitney Ross at 3/19/2009 2:00 PM | Add Comment

More Politically Expedient, Progressive, Populism

Posted by Whitney Ross at 3/17/2009 11:19 AM | View Comments (1) | Add Comment

Sheila Bair is Incompetent

Posted by Whitney Ross at 3/9/2009 10:31 AM | Add Comment

Companies That Are "Too Big to Fail" are Too Big!

Posted by Whitney Ross at 3/4/2009 4:15 PM | Add Comment

And the Insanity Continues…

Posted by Whitney Ross at 2/16/2009 1:39 PM | View Comments (1) | Add Comment

The Stimulus Bill, Like All Government Interference To Date, Will Fail

Posted by Whitney Ross at 2/10/2009 10:16 AM | Add Comment

Congress Just Stopped Housing Sales

Posted by Whitney Ross at 2/8/2009 10:14 AM | Add Comment

Modifying Impending Foreclosures DOES NOT WORK!

Posted by Whitney Ross at 12/8/2008 12:41 PM | View Comments (1) | Add Comment

Repeating a Great Depression Era Mistake

Posted by Whitney Ross at 12/7/2008 7:03 PM | Add Comment

Our Government is Lost

Posted by Whitney Ross at 11/25/2008 11:04 AM | Add Comment

Brock, Rock and Sheila's Bailout Shock

Posted by Whitney Ross at 11/17/2008 9:30 PM | View Comments (1) | Add Comment

Oil Price Manipulation and the Dollar

Posted by Whitney Ross at 11/13/2008 1:03 PM | Add Comment

A 2004 Report on the Outlook for the Housing Industry

Posted by Whitney Ross at 11/10/2008 10:56 AM | Add Comment
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