Once again the bubble is being inflated, probably for the last time. These bubbles, the dot com bubble, the real estate bubbles were created by a series of ill advised moves both by the government and investors. Each one caused a ressession and if you subscribe by my opinion, a depression.
And now comes the ultimate irony of all ironies, the real estate bubble is once again inflating.
Apparently, The Bernake got up and said, “That depression was so nice, let’s do it twice!”
Which in another of my opinions has to be what he said in some meeting because only a rhyming buffoon would want to go through this all again. Unless of course you were attempting to destroy the United States, not that any of these registered circus clowns would do that.
I’ll pause while you absorb that tidbit.
I know what you’re saying to yourselves. You’re saying “Bill, we need proof of that little bit of musing!” Of course you do, my fellow slaves.
How about this “Obama administration pushes banks to make home loans to people with weaker credit” (http://wapo.st/Z9Fjom)
Not good enough? How about this….”Are housing investors creating a new bubble?” . Okay so now you’re saying that I’m quoting some damn liberal rag. Okay, let’s quote a conservative rag, “The Housing Bubble Is Back”
But wait, there’s more! If you call right now, we’ll double your order of a housing bubble and throw in the student debt bubble . But you have to call within the next 15 minutes because we can’t do this all day you know!
As always, follow the dirty, filthy money back to whence it came. But be careful! The flow of future septic tank residents flow out of the same place as the dirty filthy money.
Real estate prices are going back up, not because of a recovery in the housing markets, but because of inflationary pressures by the Federal Reserve to artificially boost them into a double bubble of trouble.
The Central Government simply cannot afford to have a depressed housing market because it was the the very same market that destroyed the economy in the first place and a failure of that market to recover would show us all quite plainly the failure of the Central Government policies.
And here is the punch line of all punch lines. It’s all a plan. The plan? Are you silly? The plan is to inflate the bubble over the summer, keep it going into the winter and next year, get as many innocent Americans into homes as you can and then, just in time for the 2014 elections, volia’! Pop the bubble, send us into yet ANOTHER depression and blame the Republicans so the Communists can get the House of Representitives back into the fold.
When that happens, as always, you can contact me at tent 4 at the local FEMA re-education camp. Which reminds me, did you see The Walking Dead this week?