Upside Down Mortgage

Countrywide Predatory Lending Practices

Question: Is anyone else as frustrated with the Federal Reserve as I am?

I'm wondering if anyone else out there is as flustered and confused by our Monetary system as I am. I'm angered by the lending policies enacted by congress which only allow a bank to have 10% of the loan amount in assets -- to which I attribute to our suffering economy. Additionally, it seems they allow for predatory lending practices that apparently led to the mortgage crisis.

I'm tired of our failing dollar. And even more tired of my tax dollars being spent on corporate bailouts (CountryWide).

Does anyone else feel as I do?

Answer: Yes.

Inflation and job loss is tied to excess money (debt and currency) supply.

Most money is created via private loans. The Federal Reserve's job is to make sure the private world keeps loaning money. "Open Market Operations", "Reserve Requirements" and the "Discount Rate" are the Federal Reserves tools for keeping the money flowing. Federal injections of money (by any of these means) equate to future inflation.)

The market goes down because injections equate to inflation and the people with money to invest are concerned that future inflation (coupled with taxes) will outpace there benefits from investing in a business activity. The investors are moving to real items (such as gold).

Therefore, when the fed lowers rates, the private loans continue to shrink and jobs shrink. This is what is known as stagflation (interest rates and unemployment both increase).

Here is a good description of how the Federal Reserve manipulates the economy: http://www.a2dvoices.com/realitycheck/markets

Countrywide Predatory Lending Practices - www.lendhaven.com

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