‘Untouchables’: Obama Cronies “Protected Wall Street’s Most Criminal From Prosecution”

Concerned American Dad

by Mac Slavo via SHTFPlan.com

The slow motion financial holocaust has been underway for some time now.

Goldman Sachs recently commented that The Third Wave of the Financial Crisis Is Upon Us. What happened in 2008 remains directly relevant to the personal financial risk that most Americans face at the brink of the next phase of the collapse.

It’s almost like they’re looking for a sacrificial lamb… the banks have gotten away with murder too many times to count. Those who might be tried under a truly fair system instead stand firm with their understanding of impunity, an arrangement befitting their position and stature in society, that they will never be seriously investigated, much less prosecuted, for their role in the manipulation that caused the biggest problems.

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Worse, it is utterly clear that Obama’s Justice Department went out of their way to avoid prosecuting Wall Street executives – even…

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7 Astounding Charts Show How Badly The Fed Failed The Housing Market

Concerned American Dad

by Lee Adler via The Wall Street Examiner

For generations, single family housing development was a driver of US economic growth.Today, there is no single family housing industry to speak of. These 7 charts derived from this week’s release of new house sales data from the Census Bureau illustrates just how bad things are.

New house sales fell versus September 2015 and remain barely above the housing depression lows, a mere fraction of 2005 bubble levels.

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This recovery has not even reached the levels reached at the bottom of the 1992 or 1974 recessions. It has gotten back to the 1982 recession low, but there are 45 million more households today than in 1982. This chart shows September sales in thousands for each year since 1972.

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The number of full time jobs has returned to 2007 levels. Normally new house sales and jobs growth correlates somewhat. But while the…

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