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Thursday, January 07, 2010

Does the Fed Want to Crash the Housing Market a Second Time?



There is a curious rule change that was made at government controlled Fannie Mae. And it was announced on one of the top news dump days of the year, December 24, Christmas eve, when you were away visiting relatives.

If you have to relase news and you don't want anyone to see it, December 24 is one of the days you dump news. That alone should cause you to look twice at the news. And in this case, you should look real close. I think it signals that the government may be preparing to take the housing market down one more time.'

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