Saturday, October 19, 2013

The Schiff Report -- 2013 Oct 17 TH


Janet Yellen Exposed --The Truth Behind the Myth



If this embedded video does not load, go here.

To download my 2005 housing bubble article, click the link below
http://www.europac.net/commentaries/real_estate_time_it_really_different

To watch the full video of my mortgage bankers speech, click the following link
http://youtu.be/jj8rMwdQf6k

In reviewing this video I should have spent more time on Yellen's praise of the "innovative" products in the mortgage industry. These "innovative" products, such as negative amortization, interest only, zero down, subprime, cash-out refinances, no-doc loans, were at the heart of the housing bubble and the ensuing financial crisis.

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