It Is Almost As If We Are Being Forced To Watch The Replay Of 2008 Crisis, Only This Time You Will Be Watched, Recorded and Tracked During The Economic Collapse, And The Rest of The World Is Preparing For WWIII

NSA is allowed to spy on the people, they say it is constitutional but we know it is not. The pentagon wants to put blimps in the air over Washington to monitor everyone. These blimps will eventual spread to other cities. The government needs to track the movements of everyone for the economic collapse. The rest of the world is preparing for WWIII.
Gov’t INSANITY: Federal “regulators” are about to create another massive mortgage disaster
“It seems we really will never learn…”

Following the debacle of free-and-easy mortgagemoney to anyone who could fog a mirror in the run-up to the last housing bubble (remember that was just 6 years ago), regulators proposed ‘skin-in-the-game’ rules which forced banks to hold certain amounts of the loans they made (as opposed to securitizing and selling off that yieldy risk to the next greater fool). Makes sense.

However, in a major U-turn, with interest rates rising, mortgage rates spiking, and home prices now collapsing once again, it would appear the very same congress has folded.

As the WSJ reports, more stringent lending standards on top of the market environment leave the watchdogs, which include the Fed and the FDIC, wanting to loosen a proposed requirement that banks retain a portion of the mortgage securities they sell to investors (representing a victory for an unusual alliance of banks and consumer advocates that opposed the new rules).

Undermining the initial goal of imposing market discipline, former FDIC Chair Sheil Bair noted, “My sense is that Washington has lost its political will for serious reform of the securitization market.” Indeed it has, Sheila…..

http://www.zerohedge.com/news/2013-07-25/regulators-fold-lift-skin-game-rules-keep-housing-bubble-dreams-alive

Marc Faber – “It’s Gonna End One Day… Through War Or Financial Collapse”

“one day, this financial bubble will have to adjust on the downside.” This will occur via either an inflationary burst or a collapse of the system. Simply put, “it’s gonna end one day,” either through war or financial collapse, “it will be very painful…

It Is Happening Again: 18 Similarities Between The Last Financial Crisis And Today

If our leaders could have recognized the signs ahead of time, do you think that they could have prevented the financial crisis of 2008?  That is a very timely question, because so many of the warning signs that we saw just before and during the last financial crisis are popping up again.  Many of the things that are happening right now in the stock market, the bond market, the real estate market and in the overall economic data are eerily similar to what we witnessed back in 2008 and 2009.  It is almost as if we are being forced to watch some kind of a perverse replay of previous events, only this time our economy and our financial system are much weaker than they were the last time around.  So will we be able to handle a financial crash as bad as we experienced back in 2008?  What if it is even worse this time?  Considering the fact that we have been through this kind of thing before, you would think that our leaders would be feverishly trying to keep it from happening again and the American people would be rapidly preparing to weather the coming storm.  Sadly, none of that is happening.  It is almost as if they cannot even see the disaster that is staring them right in the face.  But without a doubt, disaster is coming. The following are 18 similarities between the last financial crisis and today…

#1 According to the Bank of America Merrill Lynch equity strategy team, their big institutional clients are selling stock at a rate not seen “since 2008“.

#2 In 2008, stock prices had wildly diverged from where the economic fundamentals said that they should be.  Now it has happened again.

Read more at http://investmentwatchblog.com