Wall Street Invents New Form Of Mortgage-Rape

bullionbullscanada.com / By Jeff Nielson / Saturday, 02 February 2013 13:29

The United States housing market – and real estate system – is a very efficient machine. What it is not “efficient” at doing is providing affordable housing to the broadest number of Americans (the stated agenda). What it is efficient at doing is blowing-up massive asset-bubbles, and burying Americans under mountains of unpayable debt (the real agenda).

We can establish the true agenda of the U.S. government in the housing market (and the banksters who pull its strings) by simply examining any/all “innovations” in this market which banksters and political shills alike agree make the U.S. housing market “better” than that of other Western nations.

The obvious starting point is the mortgage-interest tax deduction. Here, the Big Lie is that mortgage-interest deductibility makes U.S. housing “more affordable” – by slightly reducing the financial burden of the debt. This is more of the infamous “static analysis” in which the propaganda machine specializes. To illustrate this requires defining that concept for readers not familiar with this term.

Analysis comes in two forms: “static” and “dynamic”. The difference between static and dynamic analysis is literally as stark/extreme as the difference between a two- and three-dimensional image. Exactly as with the two-dimensional image, static analysis lacks depth – the “depth” of time.

In an ever-changing world, static analysis is a still-photograph. It (attempts to) “analyze” some phenomenon with the unstated (but ever-present) premise that nothing changes in the world around us. Remarkably, even the direct change taking place (over time) in the phenomenon being examined is ignored.

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