Hard to believe, but Tim Hawkins’ song is now 14 years old. But like a good wine, it has only gotten better and more relevant with the passage of time.
The Government Can
Tag Archives: mortgages
Stagflation Has Arrived!
Normally, economic stagnation and inflation stay far away from each other. But as we witness the poor leadership and irresponsible spending binges of the Biden Administration and Congress, the time has come for the monster that is “stagflation.”
Everything Inside Me (EIM) reports U.S. GDP has declined in the first two quarters this year and matters are about to worsen. EIM says we are in the worst inflation bubble since the Jimmy Carter era and the cost of living has skyrocketed as a result, many Americans are living paycheck to paycheck and businesses are laying off employees by the thousands. EIM explains further and discusses who’s to blame.
The 2020 Mortgage Collapse
Rumors are swirling that many experts are claiming that you simply won’t be able to get a mortgage very soon because banks and mortgage lenders will go bankrupt. Many mortgage companies have huge delays on processing mortgages, with some lenders backed up for months. But on the flip side, many house sales with valuations are going through at rapid speeds. Even though people suspect that prices might drop, they’re more afraid of not being able to get a mortgage. And, because they know they might lose their job, they’re taking the lesser of two evils by locking in a low interest rate and getting a house now rather than later, knowing it may drop in value. Business and property investment expert Neil McCoy-Ward gives us more in the following video.
Bankers Get Free Pass
When Barack Obama took office in 2009, he promised to vigorously prosecute those who sold sub-prime mortgages to people who they knew couldn’t afford them, then passing them off to bankers as rock-solid investments. History tells us the double-whammy led to the country’s financial collapse of 2007-2008. Dick Morris tells us the majority of these mortgage-fraud bankers got off scott free, while many Americans are still suffering the after-effects of the crisis.
