Tag Archives: Housing Crisis

The Fed Has Purchased 1.43 Million Homes Worth of Mortgages

Posted on August 12, 2013 by Barry Donegan

Though Silver Circle was written prior to the launch of the Federal Reserve’s risky and untested quantitative easing scheme, through which the central bank has been buying billions worth of mortgage-backed securities each month, the film’s plot ultimately predicted that … Continue reading →

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What Will Happen If Interest Rates Rise from Record Lows?

Posted on August 5, 2013 by Barry Donegan

The Federal Reserve has held interest rates at zero (or arguably below) through its aggressive, risky, and untested quantitative easing program, which has been in place now for years. Home prices have also been held at unsustainable levels, as the … Continue reading →

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Fed News Friday: Ron Paul vs Paul Krugman on Bloomberg

Posted on May 4, 2012 by Wes

This was a big week for Federal Reserve and monetary policy news, but perhaps most significant, was the face to face economic debate between sound money proponent, Congressman Ron Paul, and New York Times blogger, Paul Krugman on Bloomberg TV … Continue reading →

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Fed News Friday – Fed Outlines Guidelines for Rental of Foreclosed Properties

Posted on April 21, 2012 by Wes

Central Planning: ‘The Federal Reserve outlined the rules it expects banks to follow in renting out properties acquired through foreclosure. The statement is aimed at “reiterating that statutes and Federal Reserve regulations permit rental of residential properties acquired in foreclosure … Continue reading →

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Bernanke Proposes a Federal Land Bank

Posted on January 20, 2012 by Davi Barker

One of the more ingenious of future authoritarian innovations imagined in the Silver Circle Movie is an agency called the Department of Housing Stability, or “HouStab,” which is a division of the Federal Reserve in the film. Just as the Federal … Continue reading →

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Angry Homeowner Calls Out Bank of America with Spray Paint

Posted on January 17, 2012 by Davi Barker

In a difficult housing market, experts say curb appeal is key but Jonathan Bengel of Phoenix, Arizona took it to whole new level. After a three-year long battle with the Bank of America over his family home, Bengel took a … Continue reading →

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