Frequently I read in places such as thehousingbubbleblog that real estate is being bought up by Chinese investors in places like Washington state, and Vancouver, Canada.

The rallying cry of many sellers, promoters and other upside-down owers is, the foreigners will buy it and come to their rescue. The denial of any problems with real estate in Canada seems strong, even more-so than in California before the housing bubble burst.

A comment was made that the U.S. housing bubble isn't going to be allowed to completely deflate until this buying dries up.

I guess you could say the easy money policies of the Chinese Central Bank are partially supporting the the on-going price fixing of the U.S. real estate market in place of the U.S. Fed, was it a kind of, QE part one, unknown?
At the least, it certainly helped to lift consumer expectations.

For Many, This Reality Show Has An Unhappy Ending

Click to view link

Also, nervo wrote, "We ended the Clinton administration in prosperity & optimism... "

You lost me there,... that should be, "the illusion of prosperity and misplaced optimism." The housing bubble is proof enough of that, for one.

I tried to read more, wow, "With FEMA rebuilt and effective as a Federal disaster relief agency" Are you kidding? Effective as a hole in the ground maybe.

When I see this comment, "He's a "Socialist" because he wants to get back some of what was stolen?"

What I understand that to mean is, he wants to steal the loot from those who received the loot which was stolen from others so it can be given (with a percentage cut of course) to yet another group. Mafia writ large, a.k.a. socialism, or fascism, or corporatism, so many flavors, so little time to take from the productive.

Clinton did nothing for us. He was the puppet in charge during the pump stage for the proceedinding dump stage of our controlled economy.

Ten years of descending interest rates, credit windows flung wide open, fuel cheaper than ever before in history (adjusted for inflation), a last blizt in manufacturing as we built the machines and tooling to be sent to Mexico. What part of this was the work of Clinton? We know what Clinton was working on, or was She working on him?

I'm trying to grasp the bias here... ... ... ... ...

We ended the Clinton administration in prosperity & optimism, with full employment and a 1.5 TRILLION dollar surplus. With FEMA rebuilt and effective as a Federal disaster relief agency (do ANY of you believe that there ever was or will be a private entity that will help ANY of us at ANY time - for less than TEN TIMES what it costs us to do it collectively?) Here's the proof of the premise: It costs the IRS 4 cents of every dollar to collect delinquent taxes - using Federal employees {this is a cost accounting assessment that includes ALL the employment costs for the government employees who do this work}. The privatization of collections now costs the government 25 cents of every dollar collected. Privatization is ALWAYS a better deal. The government is ALWAYS the inefficient, wasteful enemy. Right...
The Bush/Cheney junta was installed by an act of virtual treason by a corrupted SCOTUS, and proceeded to lard every Federal agency with sleazy, incompetent political hacks - with the goal of wrecking the government and achieving Grover Norquist's fantasy.

At the same time, using 9-11 as a pretext, lied us into two unfunded wars at a cost of 3 TRILLION, passed an unfunded Medicaid Swindle that netted the drug companies hundreds of billions - and pumped up the deficit.

And used 9-11 as a pretext for passing the totalitarian & unconstitutional Patriot Act.

Passed the Big Tax Swindle that squandered the surplus by giving it to the top 1% and further pumped up the deficit.

Then colluded in collapsing the economy just in time for the naive and clueless Obummer's advent into the Presidency.

And then - the slithering dimwits in the rethugnican party (some party - no one's having ANY fun) and the Teabaggers publicly commit themselves to the goal of obstructing ANY attempts to fix the wreckage left by the brainless, gutless, cynical, proudly ignorant, mass-murdering, mendacious, heartless, smirking, monkey-faced, frat-boy punk pretending to be from Crawford - but rather, the ONLY aspiration of the Senate Minority leader is to make sure that Obummer is defeated - and the best way to do that is to make sure things are as bad as possible for as long as possible for as many people as possible - so they'll vote for one of these rethugnican IDIOTS trying to outdo each other in the race toward terminal, drooling stupidity.

And this is all Obama's fault?

He's a "Socialist" because he wants to get back some of what was stolen?

Jesus - do you idiots have any idea how idiotic you sound? Try reading Adrian "Blitz" Kreig's last article... ..

Reply from The Daily Bell

Is your argument that Democrats can administer the US$3 trillion federal government more efficiently than the Republicans?

Are you sure? Seems a "stretch" to us. And casting "Billary" as a "good" president is one as well ...

The regulatory agencies, however they got their start, are not constitutional. They are not serving the people. Large corporations invested in technology ask for the regulations that shut the door on upstart competition. The regulatory agencies protect their source of income.

In a bygone era, no one thought much of the environment. Households dug pits and dumped their wastes into it for years. Industry was the same way. Today, we know better. Industry wouldn't get away with nearly so much without government protection. You and I can not sell a product that emits so many PPM of a toxic substance, but industry can if they pay a fine for each unit sold. The cost just gets passed on to the consumer. Industry writes the rules and government enforces them. Monopoly is the result.

If a corporation is selling to the public, then is the operation wholly private? I say no. It exists for the purpose of interacting with the public for the pupose of profit. Profit is OK, so long as it is not gained under the veil of secrecy or government protection. Should not the citizen be allowed to question the corporation without relying on the idea that government is taking care of it, supposedly in their interest?

"How about the Invisible Hand and competition, Dave Jr? Isn't that better than government administered transparency?"

I didn't say a damn thing about government administered transparency. I said LESS government protection for the offenders. PEOPLE will judge and act to the benefit or detriment of the corporation.

"Corporations will get away with all they can in the name of profit."

And people as a pecentage of the population don't? Corporations are made up of people too. Oh, we have to find the right people, the good people to regulate. Didn't we try that also?

I think the answer is transpancy. Public operations need the veil of secrecy removed, LESS government protection, else it is a private operation, and not for sale.

Let it be known what is being discharged into the environment and lets see what happens to the naked offender. We haven't tried that yet.

Reply from The Daily Bell

How about the Invisible Hand and competition, Dave Jr? Isn't that better than government administered transparency?

Since the days of Rachel Carson and Paul Ehrlichman the socialists have been on a crusade to de-industrialize the U.S. and eliminate our capacity to produce. Without production, we are just another third world country needing the guidance of an all-knowing and all-controlling elite.

Given the state of the economy in the wake of fifty years of militant environmentalism, the green weenies recognize that the Obama presidency is their endgame and their opportunity to destroy our wealth forever.

Regarding the regulations proposal, perhaps the USA could simply cut a billion dollars from its over trillion dollar yearly military machine costs. We have demonstrated that unregulated or self-regulated banking, trading and pollution control will never work. Corporations will get away with all they can in the name of profit.

"... the FBI admitted to waging a secret war against any private currency system that competes against the US Dollar."

Yep, the Power Elite who control the paper money Ponzi schemes in central banks around the world do not want any competition from sound money. They don't want the masses to be able to protect themselves from the Power Elite's ability to transfer wealth unto themselves virtually at will via their paper money manipulation schemes.

Liberty Dollar Case: Just had lunch with Bernard and Tillie yesterday and she said that it was unbelievable as to the lies the Prosecution has made in the case. Real shocking since they have total judicial immunity. She said that unless you actually where at the various hearings and had some grounding in Constitutional law, the average person just wouldn't believe or understand it. Two Amicus briefs have been files in defence of the guilty verdict and everyone can follow it at Click to view link - The Judicary is our most problematic deterent to liberty and it probably always has been as Jefferson noted and warned. I keep proposing a potential Free Market solution but it keeps falling on deft ears/minds. Click to view link - I'm not trying to make a money. I'll help or let anyone take over if they can prove to me the commitment. We need to get this or something like this accomplished and I'm highly open to help and suggestions. This has to be a grass roots effort as I fear for those who politically get in their way. They will do the unspeakable.

The average six pack joe never trusted the gov. and with the internet it reaffirms our suspicions. Listen most americans are honest and when called upon charitable people there is pushback coming .Most people who have an addiction especially to money are sad spiritual bankrupt people how sad there like selfish chidren who never grewup but there dangerous there time is coming.The internet like you fellows always say is a game changer i meet every day folks who up to a couple of years ago didn't have the info we talk about today. The second amendment and education almost guarantees a peaceful solution and one day an independent money system free from tyranny of the few.I probably won't live to see it but we have to tell the future eneration the mistakes and greed of the people in power just lt them keep their wealth they'll go away hopefully peacefully sounds naieve but its better than staying in the negative see ya.