The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Thursday, July 07, 2011
Obama Administration to Extend Mortgage-Free Living for America's Unemployed to One Year
The Obama Administration today will announce two programs providing unemployed homeowners twelve months' forbearance on their mortgages. Isn't America a great "socialist" country? Why would anyone that has a mortgage be foolish enough to make their monthly P&I payments? When you can receive twelve months free rent. Just look at all the things you can buy. Thank you, President Obama. There truly is a Santa Claus.
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