Conspiracy Theories - Why The Government Tanked Real Estate

It's true, I read it on the Internet how the FHA, HUD, Fed and even "the White House" drew up a master plan and conspired with the media and Wall Street to abruptly terminate the rapid growth in real estate because the stock market needed those investments so the capital could be put to work to perpetuate the evil Republican money machine that even Bill and Hillary depend on to fund their socialist facade they use to keep the sheeple in line.

"The money-grubbing lawyers are about to wipe out the money-grubbing bankers." That must be one of my favorite quotes from these articles. As you read I'm sure you will find your own. Some are humorous, others are thought provoking and, depending on your personality, some may bring a little chill to your spine. Who know? "They" could be watching you read this through your own computer screen ...

Cool, heh? Well, here is a collection of links and short snippets I have enjoyed and discovered researching for this article. Actually the title is a teaser--sort of. I don't agree with that theory although I will tell you that about a year ago one of my staff members queried if it might be that HUD conspired with the media to put non-conforming (you call them sub-prime) lenders into the wall and give a new birth to FHA which had be annihilated by non-conforming loans over the last few years.

On June 26, 2005 Dr. Steve Sjuggerud, Chairman, Investment U posted a very interesting article. Keep in mind that the Doc is an investment strategist and not a real estate strategist. "Conspiracy theories always seem to show up in the financial markets. We've had them for years in gold and in the stock market. I guess it's now real estate's turn. Today, I'll briefly show you why I think real estate is in danger, and what I'm doing with my own real estate dollars." [link]

Dr. Sjuggerud did not report any actual conspiracy theories but he did elude to their existence. His article is a worthy read and contained some good, although not obvious, statutes for comprehending the effect of real estate bubbles on other economies. Keep in mind that the Japanese economy is nothing like the American economy so what was experienced there has no bearing on what is happening and what will happen hear in America.

"Eventually the system will regain economic stability, if we do not experience revolution", states Robert Chapman of International Forecaster in an undated (probably mid-2005) article published on Conspiracy Planet. He continued by writing, "Those who are profiting today from rising asset prices are financially unsophisticated. They do not realize it but they will become victims of creative destruction."

Lest you doubt that Chapman believes this is the result of a great government conspiracy you must read his closing paragraph wherein he closes with, "You may not want to hear this but the people who rule the US under the guise of a constitutional republic are totally corrupt. Their entire lives are devoted to their wealth and control of the system and the pursuit of ever more power and wealth. Their main instrument of control is the Federal Reserve System, which they privately own. They control both government and big business from behind the scenes and use economic pressure, media control, the CIA, wars and psychological warfare to control the people. They believe they are better fit to rule us then we are to rule ourselves. They should remember driven by greed inevitably ends in despair." 

Chapman's article is actually a very good read with some strong supporting figures. I'll leave the conspiracy theories to you and other people with a greater understanding of the under-workings of such things. In the meanwhile, when you have time, stop by and read that article. [link] 

This final article, from Lew Rockwell, you are going to love. It is a long read but worth the investment of time just to read the historical data and comparisons. It is laced with conspiracy innuendo but entertaining throughout. It is a more recent post, from December 19, 2007, but presents statements from mid 2005. 

"Here it is, folks: what we have dreamed about. The money-grubbing lawyers are about to wipe out the money-grubbing bankers. There is only one hitch: the world's economy could crash. Darn!" [link]