Banking - Part 2

The Foreclosure Crisis

Those who believe that the U.S. real estate crash is over are delusional. The truth is that all the numbers point to the foreclosure crisis getting worse - not better. Many of the talking heads on the major news shows want to make the American people feel better about the real estate market and are projecting that things will soon turn around, but a cold, hard look at the statistics tells an entirely different story. Foreclosures are increasing and there is every indication that they will continue to increase. According to RealtyTrac, initial foreclosure filings were reported on 367,056 properties in March, an increase of almost 19 percent from the previous month. It was also the highest monthly total since RealtyTrac began issuing its report on initial foreclosure filings in January 2005. (Read More.....)

11 Examples Of How Insanely Corrupt The U.S. Financial System Has Become

If you ask most Americans, they will agree that the financial system is corrupt. It is generally assumed that just like most politicians, most big bankers are corrupt by nature. But the truth is that the vast majority of Americans have no idea just how corrupt the U.S. financial system has become. The reality is that the American Dream is literally being stolen from millions of Americans right out from under their noses and they don't even realize it. The corruption on Wall Street has become so deep and so vast that it is hard to even find the words to describe it. The level of greed being displayed by many Wall Street firms would make Gordon Gecko blush. It seems that the major financial players will try just about anything these days - as long as they think they can get away with it. But in the process they are contributing to the destruction of the greatest economic machine that the planet has ever seen. (Read More.....)

Hold On - Interest Rates Are Going To Increase During The Second Half Of 2010 And Into 2011

Interest rates have nowhere to go but up. Interest rates will rise during the second half of 2010, and they will continue to rise during 2011. This is going to cause a lot of pain for the U.S. economy and for American consumers. Unfortunately, this is not just the opinion of a handful of half-baked Internet nutjobs. This is the assessment of the New York Times and of the highly respected economists that they interviewed. It seems that virtually everyone in the financial community agrees that it is inevitable that interest rates are going to rise. And that is really bad news for the U.S. economy. (Read More.....)

15 Reasons Why The U.S. Economic Crisis Is Really An Economic Consolidation By The Elite Banking Powers

Is the United States experiencing an "economic crisis" or an "economic consolidation"? Did the financial problems of the last several years "happen on their own", or are they part of a broader plan to consolidate financial power in the United States? Before you dismiss that possibility, just remember what happened back during the Great Depression. During that era, the big financial powers cut off the flow of credit, hoarded cash and reduced the money supply. Suddenly nobody had any money and the economy tanked. The big financial powers were then able to swoop back in and buy up valuable assets and real estate for pennies on the dollar. So are there signs that such a financial consolidation is happening again? (Read More.....)

The American Dream

Recent Posts

Archives

The Foreclosure Crisis

11 Examples Of How Insanely Corrupt The U.S. Financial System Has Become

Hold On - Interest Rates Are Going To Increase During The Second Half Of 2010 And Into 2011

15 Reasons Why The U.S. Economic Crisis Is Really An Economic Consolidation By The Elite Banking Powers

Pages