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Politics : Mainstream Politics and Economics

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To: i-node who wrote (38476)2/5/2013 5:30:18 AM
From: FJB  Read Replies (1) of 85487
 
Guest Post: It’s About Time - JP Morgan To Enter The Housing Slumlord Trade

Submitted by Tyler Durden on 02/04/2013 - 18:02It was just a matter of time before the most powerful crony capitalist bank in America decided to join the housing trade. Making money running the food stamp program just wasn’t enough for Your Crony Highness Jamie Dimon and company, it’s time to join his financial oligarch brothers in the bidding war to corner the housing market and become your overlord. That way they can control how you eat (food stamps) and where you sleep. It’s become very clear what the large financial interests in these United States are attempting. Funnel all the low interest crony American money, with a dash of Chinese laundered money, into the “housing recovery.”


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