Remember that housing bubble that blew up and crashed the US economy because all those evil banks had engaged in such reckless predatory lending? Obama decided it would be a really, really, really good idea to create another one.

this surprises you? prez dingle-barry is full of stupidity.

It wasn't the central banks that fucked us, it was ARM companies. Now that those are regulated giving out loans is preferable to what banks are doing now which is not loaning and just investing.
Housing drives the economy. Without homes, people don't buy things like fertilizer, enetertainment systems and big home theater systems, garage door openers, alarm and security, appliances.

Unreal.

Enjoy the bubble while it lasts, start buying property and short sell it in a year or two. The last bubble lasted around 4-5 years at its peak. Of course, there's always the chance this bubble collapses with you holding the deed to a now worthless piece of real estate.

Not sure what his obsession with slick Willie is, but it needs to end. False prosperity isn't conducive to a healthy market.

You americans are even more doomed then the WiiU and Vita combined..

thats great for people who can handle and afford a house. but repeating the same mistakes again (getting people in houses that cant make paymnets, driving up housing prices so poeple who can afford cannot and than letting it all fall) is stupid. People having a house doesn't give them more oney to spend investing in their homes. most of these people can barely afford and will be put out when they cant make payments. They were regulated before also. Its sad that the US cant learn from its own mistakes.

Edit: I guess it was the repubs the first time, so now its time for the dems to learn the same lesson? Is that what this is?

Um... this was the exact reasoning behind doing this the first time around, along with the "social justice" aspect of it. We know exactly how this story ends.

your current president is the same gw bush was-and a little bit worser.

wall street realised:we can't fool people anymore with a white rich stupid guy,let's take a black one.A white president trying to take away your rights,violating the constitution or killing people with drones or destroying your country with debt would make people going mad-demokrats and republicans.
A black one can do whatever he wants to.The leftists/ democrats were tought to kiss his butt(he is black,therefore he must be good and is no wall street agent)
the right wing can't criticize him,because this will be called racism.

Since Obama killing people with drones,it is no longer a war crime-though he kills 8 times more than bush,giving money to banks is alright,the fascist NDAA is a good thing,the Monsanto protection act is no longer corruption and lobbyism ,FEMA camps are alright and 30000 drones to watch the US people a good idea.

And bubbles?
USA was founded in 1776 and until 2008 the US debt made within 232 years was ca. 9 trillion(inklcluding 8 years gw bush desaster)

The US debt at the end of 2013 will be 18 trillion=Obama will make within 5 years 9 trillion of debt-the same amount of debt more than 1 billion americans made within 230 years-while they created wealth and progress in that time Obama has created poverty,foodstamps ,purchasing bonds for 85billion every month,building more and more US military bases all around the world and? creating bubbles whereever he can,
the bigger a bubble the huger the banksters profit

Maybe a pricecut combined with some exclusives will help.