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On AlterNet: housing bubble

Stories, blog posts, and videos tagged as "housing bubble"

Zombie Lies Don't Die ... WSJ Spins Discredited Claim that Programs for the Poor Caused Housing Crisis

Zombie Lies Don't Die ... WSJ Spins Discredited Claim that Programs for the Poor Caused Housing Crisis

Staff, Media Matters for America AlterNet: Corporate Accountability and WorkPlace. November 14, 2009.
The idea that affordable housing initiatives were responsible for the crash is a widely discredited myth.

Wall Street Lies Blame Victims to Avoid Responsibility for Financial Meltdown

Wall Street Lies Blame Victims to Avoid Responsibility for Financial Meltdown

Nomi Prins, Wiley Press. September 29, 2009.
To hear it from the big financial companies, the big crash started when poor people bought homes they couldn't afford. But that was at most 1% of the problem.

Some of Us Still Think They Can Get Rich Quick from the Real Estate Bubble

Some of Us Still Think They Can Get Rich Quick from the Real Estate Bubble

Joseph Huff-Hannon, New York Press. May 2, 2009.
A visit to a packed real estate seminar on how to "get paid to buy a house" reveals that the bubble mindset still hasn't popped.

Watch Out for the Mortgage Vultures: Cash-Strapped Homeowners Face New Threat

Watch Out for the Mortgage Vultures: Cash-Strapped Homeowners Face New Threat

Matthew Palevsky, Huffington Post. April 29, 2009.
Fraudulent schemes that prey on people who risk losing their homes are on the rise.

How Cooking the Books on Inflation Helped Destroy the Global Economy

How Cooking the Books on Inflation Helped Destroy the Global Economy

Joshua Holland, AlterNet AlterNet: PEEK. April 7, 2009.
Wishing away inflation doesn't actually make it go away.

Plunder and Blunder; How the 'Financial Experts' Keep Screwing You

Plunder and Blunder; How the 'Financial Experts' Keep Screwing You

Dean Baker, PoliPoint Press. February 7, 2009.
Anyone with common sense, a grasp of simple arithmetic and a desire to go against the consensus should have seen the financial crisis coming.

Why the GOP's Tax Gimmick for Homebuyers Won't Help One Bit

Why the GOP's Tax Gimmick for Homebuyers Won't Help One Bit

Joshua Holland, AlterNet AlterNet: PEEK. February 4, 2009.
Let's apply a bit of common sense.

Helpers or Hucksters? A Look at ‘Mortgage Mod’ Firms

Helpers or Hucksters? A Look at ‘Mortgage Mod’ Firms

Paul Kiel, ProPublica. December 29, 2008.
Homeowners should be able to get loan modification help from nonprofits, which charge little or nothing for the service.

A Message for America's Ruling Class: We Told You So

A Message for America's Ruling Class: We Told You So

David Sirota, AlterNet. December 13, 2008.
Our bipartisan political Establishment and sycophantic Punditburo have been wrong on the economy over and over again.

Question for Economic Experts: Can You Say

Question for Economic Experts: Can You Say "Housing Bubble"?

Dean Baker, TruthOut.org. December 12, 2008.
Millions of people may lose their homes and life's savings, all because the economists who are supposed to know better didn't.

7 Ways the Fed Could Bail Out Struggling Homeowners

7 Ways the Fed Could Bail Out Struggling Homeowners

Ian Welsh, Huffington Post. December 6, 2008.
Fed Chairman Ben Bernanke is groping his way in the dark; here are some requirements for a successful program.

Keep it Simple: Stop the Foreclosure Crisis with the Right to Rent

Keep it Simple: Stop the Foreclosure Crisis with the Right to Rent

Dean Baker, TruthOut.org. November 19, 2008.
There are a lot of complicated plans being discussed, but sometimes the simplest solution to a problem is best.

How Big Oil's Lobbyists Contributed to Big Finance's Crash

How Big Oil's Lobbyists Contributed to Big Finance's Crash

Antonia Juhasz, AlterNet. October 23, 2008.
Working Americans are reeling from the "unintended consequences" of their relentless war against regulation.

Wall Street Hustlers Built a $100 Trillion House of Cards and Stuck You with the Fallout

Wall Street Hustlers Built a $100 Trillion House of Cards and Stuck You with the Fallout

Joshua Holland, AlterNet. October 22, 2008.
Deregulation brought us hugely "leveraged" investments, and they brought us panicked markets and pain.

How Wall Street's Scam Artists Turned Home Mortgages Into Economic WMDs

How Wall Street's Scam Artists Turned Home Mortgages Into Economic WMDs

Joshua Holland, AlterNet. October 18, 2008.
The titans of high finance are trying desperately to shift blame for the crisis onto others, but this dead cat lies squarely on their doorstep.

The $700 Billion Bailout: One More Weapon of Mass Deception

The $700 Billion Bailout: One More Weapon of Mass Deception

Richard W. Behan, AlterNet. September 22, 2008.
The American economy needs help, but there are other, far more equitable ways to accomplish it.

The Villains of the Housing Crisis Are Denying All Responsibility

The Villains of the Housing Crisis Are Denying All Responsibility

Dean Baker, TruthOut.org. August 27, 2008.
The housing crisis is a result of reckless deregulation by specific individuals.

After the Housing Bill: Time to Address Foreclosures

After the Housing Bill: Time to Address Foreclosures

Dean Baker, TruthOut.org. July 29, 2008.
The housing bill will likely help less than five percent of the families facing foreclosure over the next two years.

U.S. Economy: The Worst is Yet to Come

U.S. Economy: The Worst is Yet to Come

Mark Weisbrot, Huffington Post. May 29, 2008.
Nobody can predict exactly where the bottom will be, but it's clear that we're not even close to hitting it.

Hedge Fund Titans Are Treating Us Like Pawns in Their Economic Chess Games

Hedge Fund Titans Are Treating Us Like Pawns in Their Economic Chess Games

Scott Thill, AlterNet. May 13, 2008.
Hedge funds exploited the misfortunes of those caught beneath currency, housing and internet bubbles, and got paid by the boatload.

Taxes and the Cult of Home Ownership

Taxes and the Cult of Home Ownership

Thomas Palley, AlterNet. May 9, 2008.
Home mortgage deductions and other bennies for homeowners are supposed to help the middle class, but they're actually burying it.

A Rundown Of Our Economic Woes

A Rundown Of Our Economic Woes

Evan Robinson, AlterNet: PEEK. April 15, 2008.
One stop shopping on various economic woes.

These Loans Were Made for Walking: The End of the Subprime Crisis

These Loans Were Made for Walking: The End of the Subprime Crisis

Dean Baker, TruthOut.org. February 6, 2008.
The debt crisis is moving into high-end loans.

Corporate Think Tanks: Recession Ain't All That Bad!

Corporate Think Tanks: Recession Ain't All That Bad!

Joshua Holland, AlterNet AlterNet: PEEK. January 21, 2008.
All those worries about economic hardship are just more liberal media myths.

Bad Mouthing De-regulation

Bad Mouthing De-regulation

Ralph Nader, Nader.org. January 19, 2008.
The assault on regulation over the past quarter century caused a mortgage collapse that is producing hundreds of thousands of foreclosures.