Tag: china

July 16, 2012 0

Still More on Credit-Worthiness of Bank Lending in Housing Bubble: Loan Originations vs. True Bank Lending

By News Desk

This is what I stated, adding the words [banks thought]. The email from reader David follows this recap. Five Reasons Banks Extended Credit in Housing Bubble Years [Banks thought] People would pay mortgage loans because they always did [Banks thought] Housing prices would rise sufficiently to cover defaults [Banks thought] Mortgage interest rates to subprime borrowers were high enough to cover risk [Banks thought] Defaults would happen over a long period of time, not quickly concentrated Banks could pass the trash to Fannie Mae and Freddie Mac (without clawbacks for non-performance), and/or loans could be sliced and diced in tranches to investors If any of those conditions were true, then banks were indeed making loans to “credit-worthy” borrowers

July 16, 2012 0

Ending Syria’s Violence

By News Desk

Begins with ending arms, cash, and support for terrorist front.  by Tony Cartalucci  July 16, 2012 – At 20 million, if even half of Syria’s population rose up against the government of President Bashar al-Assad, armed with pointed sticks, the revolution would be over in an afternoon. Instead, it has dragged on for nearly a year and a half, consisting of hit-and-run battles, terrorist bombings, and cross-border infiltration – indicating that but a slim minority has "risen up" and of that minority, the vast majority of them are sectarian extremists – admittedly many are not even Syrian. Most importantly, it is not within Syria, but beyond its borders, that these "rebels" derive the summation of their support

July 13, 2012 0

False Flag Alert: US Claims Syria "Moving Nerve Gas Out of Storage"

By News Desk

NATO-FSA False Flag Alert.  by Tony Cartalucci  July 13, 2012 – Citing no evidence, and on the heels of  yet another baseless “activist” report claiming a massacre has taken place in Homs, nameless US officials claimed to the Wall Street Journal that the Syrian government is taking chemical weapons out of storage for possible use “against anti-regime rebels or civilians, possibly in an ethnic cleansing campaign.” Despite claiming to possess this information, the US officials refused to disclose the location these weapons were being moved to, nor the actual nomenclature of the weapons, stating only “they are most worried about Syria’s stockpiles of sarin gas.” Image : The symbols for nuclear, biological, and chemical weapons. The West is the undisputed champion of deploying each of these weapons of mass destruction against their enemies – from nuclear bombs upon Japan, to depleted uranium and white phosphorus upon Iraq, to Agent Orange all across Vietnam – it stands to reason that these weapons would eventually end up in the hands of the their proxies as well.  …. In mid-June, Russia Today had warned of a possible false-flag attack by NATO-backed militants operating under the cover of the so-called “Free Syrian Army” employing chemical weapons pilfered from devastated, militant-overrun Libya.