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	<title>Monty Pelerin&#039;s World &#187; Housing</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
	<lastBuildDate>Wed, 08 Feb 2012 06:13:01 +0000</lastBuildDate>
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		<title>Blowing More Housing Bubbles</title>
		<link>http://www.economicnoise.com/2012/01/09/blowing-more-housing-bubbles/</link>
		<comments>http://www.economicnoise.com/2012/01/09/blowing-more-housing-bubbles/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 06:00:48 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Housing Bubble]]></category>
		<category><![CDATA[Interventions]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25744</guid>
		<description><![CDATA[Government intervention in the economy always makes matters worse economically. The reason is that all interventions are undertaken to prevent outcomes deemed by the market to be undesirable. Interventions are coercion in in that they attempt to produce outcomes that otherwise would not occur in markets. They are also undemocratic because markets are nothing more <a href='http://www.economicnoise.com/2012/01/09/blowing-more-housing-bubbles/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>On The Path To Bankruptcy Turn Left toward Madness</title>
		<link>http://www.economicnoise.com/2011/11/20/on-the-path-to-bankruptcy-via-madness/</link>
		<comments>http://www.economicnoise.com/2011/11/20/on-the-path-to-bankruptcy-via-madness/#comments</comments>
		<pubDate>Sun, 20 Nov 2011 12:23:17 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Federal Government]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Treasury Department]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=24569</guid>
		<description><![CDATA[Economic conditions are deteriorating rapidly. Obama, in full campaign mode, continues to spend money as if we have it. He talks about the deficit problem while he continues to make it worse. As Financial Armageddon pointed out with this recent listing of news articles, we don&#8217;t need new spending to exceed projections for the year. <a href='http://www.economicnoise.com/2011/11/20/on-the-path-to-bankruptcy-via-madness/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Slouching Toward The 1930s</title>
		<link>http://www.economicnoise.com/2011/10/31/slouching-toward-the-1930s/</link>
		<comments>http://www.economicnoise.com/2011/10/31/slouching-toward-the-1930s/#comments</comments>
		<pubDate>Mon, 31 Oct 2011 10:54:35 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[credit]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[boom]]></category>
		<category><![CDATA[bust]]></category>
		<category><![CDATA[Dalio]]></category>
		<category><![CDATA[Depression]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=24031</guid>
		<description><![CDATA[The current economic crisis rivals the one of the 1930s. Despite shameless propaganda by government and its cronies in the media, people understand that the situation is getting worse. Consumer confidence continues to decline as does confidence in the future. We are headed for an event that history will record as worse than The Great <a href='http://www.economicnoise.com/2011/10/31/slouching-toward-the-1930s/'>[...]</a>]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Idiots in Washington and Their New Housing Program</title>
		<link>http://www.economicnoise.com/2011/10/25/idiots-in-washington-and-their-new-housing-program/</link>
		<comments>http://www.economicnoise.com/2011/10/25/idiots-in-washington-and-their-new-housing-program/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 10:16:42 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Fannie Mae And Freddie Mac]]></category>
		<category><![CDATA[Massive Failure]]></category>
		<category><![CDATA[Subsidy Program]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=23963</guid>
		<description><![CDATA[The scam that is government continues. The latest attempt to &#8220;solve&#8221; the housing crisis is what got us into this mess in the first place. Here is Zerohedge&#8217;s take: The core of the announced transitions to HARP revolve around allowing borrowers to refinance mortgages regardless of how underwater homes are. Of note is the &#8220;enhancement&#8221; <a href='http://www.economicnoise.com/2011/10/25/idiots-in-washington-and-their-new-housing-program/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Housing &#8212; A Continuing Drag</title>
		<link>http://www.economicnoise.com/2011/09/16/housing-a-continuing-drag/</link>
		<comments>http://www.economicnoise.com/2011/09/16/housing-a-continuing-drag/#comments</comments>
		<pubDate>Fri, 16 Sep 2011 10:01:24 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[Pipeline]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=23157</guid>
		<description><![CDATA[The magnitude in the housing crisis and its impact on the economy, likely for years to come, is captured in this excerpt from Mish: The Foreclosure Pipeline in New York is a staggering 57 years. The pipeline is 51 years in New Jersey. Please see Bad News Overwhelms; Foreclosure Pipeline in NY is 693 months and <a href='http://www.economicnoise.com/2011/09/16/housing-a-continuing-drag/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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