Wall Street betting billions on single-family homes in distressed markets

Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won t be sustainable.

http://is.gd/f7afT4


93% of US households lost net worth 2009-11

The richest Americans got richer during the first two years of the economic recovery while average net worth declined for 93% of the nation s households, the Pew Research Center said Tuesday.

http://is.gd/vbYHUX



Recovery for the 7 Percent

By Paul Craig Roberts

Is this the profile of a democracy in which government serves the public interest, or is it the profile of a financial aristocracy that uses government to grind the population under foot?

http://www.informationclearinghouse.info/article34769.htm


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recovery
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Money
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bubble
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=real+estate
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=housing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealth
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=super-rich
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Paul+Craig+Roberts
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