New Housing Bubble: Prices Up, Ownership Down, Wall Street a Mega-Landlord: “America is Becoming a Nation of Renters”

Mac Slavo January 31st, 2015


Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone.

Wolf Richter outlined a pretty eery scenario.

The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners were put in homes they couldn’t afford, making the awful game of musical chairs an […]

Is Another “Mortgage Meltdown” on the Way?

Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.

Rise of robots at AOL lead to job cuts

NEW YORK — Media company AOL laid off roughly 150 employees Friday, or 3% of its staff.

The bulk of the layoffs, or close to 100, were in sales, a result of the company’s surging growth in so-called programmatic ad sales, according to a person with direct knowledge of the situation who was not authorized to speak on the record.

The remaining cuts will come from AOL’s corporate offices, including […]

JPOST: Obama has agreed to 80% of Iran’s demands in nuke talks

According to unnamed officials, Washington “has given the Iranians 80 percent of what they want” out of the negotiations, Channel 10 is reporting.

New Political Battles Loom over Compulsory IRAs and Fed Secrecy

This week’s Market Wrap Podcast with David Morgan of the Morgan Report. David gives us a sneak peak about what to expect in the gold and silver markets this year, and the likelihood gold and silver will reassert themselves as money in the face of a potential global currency collapse.

Some say our time is up! I say it has not even begun.

If there is only one thing […]

Yellowstone Geologist Says “Eruption Could Happen In 2 Weeks”?

Yellowstone Geologist says “Eruption could happen in 2 weeks” Whaaaaaaaaat? also… also…

Greece CRISIS Goes Systemic as Banker Controlled EU Suffering MELTDOWN

Sources: “Russia would consider giving financial help to debt-ridden Greece” “Stiglitz: Germany Is Eurozone’s Problem, Not Greece”… “Cramer: Europe going ‘non-German way’” “Reagan’s OMB head: Wealth inequality is a problem” “Under a mattress, in the freezer: Why so many are hiding cash” “U.S Senate stops Keystone XL pipeline bill from moving forward” “Buffett would profit from Keystone cancellation – Washington Times”… “U.S. […]

Greece Set on Action: New Government Rejects Austerity, Cooperation with Troika

Greece’s newly elected government says it will not co-operate with the Troika – which consists of the European Commission, the European Central Bank and the International Monetary Fund. RT Murad Gazdiev explains.

Blood on Her Hands: Hillary’s Lies kill 30,000

Just like the lies that led to the war against Iraq, Hillary Clinton, as Secretary of State, created false pretenses for the invasion of Libya. At least 30,000 people died as a result of this manufactured war.…

U.S. ‘switched sides in the War on Terror’ and allowed $500 MILLION of weapons to reach al-Qaeda militants…

Is the Taliban a Terrorist Group?…

George Soros linked to social […]

They Control Humans with Words

Stefan Molyneux breaks down the way in which words are used to control the entire human race. Why do academic history professors tend to be leftists given that history has shown socialism to be a complete failure time after time?

EU Extends Anti-Russian Sanctions over Situation in Ukraine

The European Union is extending the life of sanctions targeting Russian officials and anti-government militants in Eastern Ukraine. Intended to punish leading figures believed to be playing central roles in the ongoing war, the move is the latest attempt to force Moscow’s hand and deescalate the violent conflict. RT’s Murad Gazdiev has more from Berlin.

Greece – Syriza foreign policy guideline: “Withdrawal from NATO”

#Greece – Syriza foreign policy guideline: "Withdrawal from NATO" h/t @StopAgitprop:

— Gregor Peter (@L0gg0l) January 28, 2015

Gold And Silver – Probability for A Lower Low Has Increased. Even With Lower Prices As A Possibility, Silver [and Gold] Is Artificially Being Suppressed.

by Michael Noonan

Mention is often made that one should wait for confirmation of a particular move in futures before making a commitment, either way.  Last week, it appeared evidence was mounting that November could be a possible low for the correction since late 2011. Then, we run across this graph from which shows an inordinate build-up of short positions in silver by what we would call “smart money,” […]

Hot mic incident: Dijsselbloom tells Greek Fin Min Varoufakis after press conference: “You just killed the Troika”