Category Archives: Real estate

Why Larry Summers is Wrong and Bernie Sanders is Right on Glass Steagall

Larry Summers, acting as a proxy for Team Clinton, attacked Sanders’ reform proposals, particularly the an updated Glass Steagall. Her’s why Summers is wrong.

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Debunking “The Big Short”: How Michael Lewis Turned the Real Villains of the Crisis into Heros

How Michael Lewis’ The Big Short, whether for profit or by accident, has denied the public the truth about what really causes the crisis.

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Michael Hudson on Parasitic Financial Capitalism

An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.

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Why Are Fannie and Freddie Raising Their Foreclosure Timeline?

One of the major fallacies skillfully employed by the lending industry since the foreclosure crisis is that the meddling defense attorneys and pro se litigants were clogging the courts with their dilatory motions and challenges, unnecessarily prolonging the foreclosure process, creating neighborhood blight and costing homeowners billions in property values by preventing “market clearing.” This […]

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