The New Housing Bubble – Policy Created? Nothing we do not already know!

[jmrrobbie1]

Interesting take & warning from the Head of TARP:

http://www.housingwatch.com/2010/02/03/top-tarp-cop-warns-the-bubble-is-back

[Arraya]

In his latest quarterly report to Congress, Barofsky accuses the Obama administration of recklessly reinflating the real estate bubble in an attempt to keep the housing market going and prevent the collapse of financial institutions.

Shocked! shocked, I tell you!

[Arraya]

In his latest quarterly report to Congress, Barofsky accuses the Obama administration of recklessly reinflating the real estate bubble in an attempt to keep the housing market going and prevent the collapse of financial institutions.

Shocked! shocked, I tell you!

[Arraya]

In his latest quarterly report to Congress, Barofsky accuses the Obama administration of recklessly reinflating the real estate bubble in an attempt to keep the housing market going and prevent the collapse of financial institutions.

Shocked! shocked, I tell you!

[Arraya]

In his latest quarterly report to Congress, Barofsky accuses the Obama administration of recklessly reinflating the real estate bubble in an attempt to keep the housing market going and prevent the collapse of financial institutions.

Shocked! shocked, I tell you!

[Arraya]

In his latest quarterly report to Congress, Barofsky accuses the Obama administration of recklessly reinflating the real estate bubble in an attempt to keep the housing market going and prevent the collapse of financial institutions.

Shocked! shocked, I tell you!

[CA renter]

Glad to hear somebody with at least a modicum of power is saying this. Like many of us have said before, they haven’t solved the problem at all. They’ve only pushed it further into the future and made it even bigger with all the manipulation and housing stimulus. Today’s “great deals” will be tomorrow’s foreclosures, IMHO.

[CA renter]

Glad to hear somebody with at least a modicum of power is saying this. Like many of us have said before, they haven’t solved the problem at all. They’ve only pushed it further into the future and made it even bigger with all the manipulation and housing stimulus. Today’s “great deals” will be tomorrow’s foreclosures, IMHO.

[CA renter]

Glad to hear somebody with at least a modicum of power is saying this. Like many of us have said before, they haven’t solved the problem at all. They’ve only pushed it further into the future and made it even bigger with all the manipulation and housing stimulus. Today’s “great deals” will be tomorrow’s foreclosures, IMHO.

[CA renter]

Glad to hear somebody with at least a modicum of power is saying this. Like many of us have said before, they haven’t solved the problem at all. They’ve only pushed it further into the future and made it even bigger with all the manipulation and housing stimulus. Today’s “great deals” will be tomorrow’s foreclosures, IMHO.

[CA renter]

Glad to hear somebody with at least a modicum of power is saying this. Like many of us have said before, they haven’t solved the problem at all. They’ve only pushed it further into the future and made it even bigger with all the manipulation and housing stimulus. Today’s “great deals” will be tomorrow’s foreclosures, IMHO.

[Eugene]

I looked through the original report, and I don’t see any places where Barofsky accuses the administration of recklessly doing anything. What he really says is that “Federal Government’s concerted efforts to support home prices … risk re-inflating that bubble”. But that does not make for such a good sound byte.

[Eugene]

I looked through the original report, and I don’t see any places where Barofsky accuses the administration of recklessly doing anything. What he really says is that “Federal Government’s concerted efforts to support home prices … risk re-inflating that bubble”. But that does not make for such a good sound byte.

[Eugene]

I looked through the original report, and I don’t see any places where Barofsky accuses the administration of recklessly doing anything. What he really says is that “Federal Government’s concerted efforts to support home prices … risk re-inflating that bubble”. But that does not make for such a good sound byte.

[Eugene]

I looked through the original report, and I don’t see any places where Barofsky accuses the administration of recklessly doing anything. What he really says is that “Federal Government’s concerted efforts to support home prices … risk re-inflating that bubble”. But that does not make for such a good sound byte.

[Author]

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