The Keiser Report No. 499, "Housing Bubble Ponzi" -- 2013 Sep 19 TH

This time Max and Stacy discuss the triangle of fraud in the housing sector and the policy of Icarus economics in which banks can't crash soon enough because then they can get their bailouts from the taxpayer. In the second half, Max interviews Simon Rose of SaveOurSavers.co.uk about the George Osborne's 'New Deal' of putting estate agents to work as flocks of pigs fly across the London sky. They also discuss the five years of unintended consequences, including that which has led to the idea being floated of a government cap on house price rises to correct the problem of government intervention in the mortgage market.

Audio file link: http://www.sendspace.com/file/l2tzqp

You can watch the video online at: http://youtu.be/3GHnEpp1B3A