The little secret of QE3

http://theintelhub.com/2012/09/18/th...-toxic-assets/

The Federal Housing Finance Administration (FHFA) recently announced that “strategic defaulters”, i.e. those homeowners who have abandoned their mortgage because they could not continue to make the monthly payments, will be jailed for this “crime”.
The FHFA oversees Freddie and Fannie Mac, the mortgage corporation owned by the US government.
The FHFA are focusing their efforts on criminally persecuting all American citizens “who abuses the FHFA programs” by walking away from their foreclosure.




Statistically speaking, according to the FDIC:
• 1 out of 200 homes will be foreclosed upon
• 250,000 new households enter foreclosure every 3 months
• 6 out of 10 homeowners are delinquent on their mortgage

I'm sure it's no big deal...but just in case you might want to vote for Romney. He's totally against this!!

[Riot]

" On ABC’s “This Week”, George Will, columnist for the propaganda news outlet The Washington Post,... "

And that's where I stopped reading this blogger.

Originally Posted by Riot

" On ABC’s “This Week”, George Will, columnist for the propaganda news outlet The Washington Post,... "

And that's where I stopped reading this blogger.

Because you can't dispute that. Go ahead and try, troll.

[Clip-Clop]

"The American public has been reduced to serfs, chained to a manufactured debt invented by the techocrats and banking cartels." and the pols they own.

[GPK]

The Fed's $40 billion a month in QE3 money creation could fund 9.6 million new $50k/month jobs.

[jms62]

Originally Posted by GPK

The Fed's $40 billion a month in QE3 money creation could fund 9.6 million new $50k/month jobs.

You may want to check your math there.