An Economy Built On Lies by Gary North

Quicklink submitted by Laudyms     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Author 2451
By now, the term "liar loans" is common. Prospective house buyers provided false information to representatives of loan-initiating firms. The loan-initiators winked at the practice. Their well-compensated job was to pass on the paperwork to a government-created agency, who then sold to investors and hedge funds. From start to finish, from top to bottom, the entire structure was based on lies. No one worried about it.

Read the rest of the story HERE:

At www.lewrockwell.com

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments