One mistake I may have made in the article is not going deeper into the Fannie Mae story, but I was being brief... The Federal Reserve bailed out Fannie Mae by buying up the distressed properties. This has the effect of taking them off the market, which was one of the stated goals. The Federal Reserve still has all of this stuff but isn't in the business of selling real estate. To get it sold, it should be resold back where it came from. This overhang of distressed property also dogs the Federal Reserves balance sheet, which is enourmous.
This is all quite unnatural and leads to market distortions, price discovery is being frustrated, though this is a temporary phenomenon. The markets will eventually recover and overwhelm the machinations of the Federal Government through runaway deflation of housing prices due to oversupply of houses and an undersupply of millenials and others with sufficient income to purchase at current inflated prices. I regard anything that looks like central control (anti-free market) as having a 'Socialist' flavor. The Globalists set the policies, I see them as sort of Communism 2.0, cleaner, tech savy, into 'soft power', but just as collectivist in spirit.
Obamacare has problems with profits because of Monopolies, which is why I specifically mentioned Anti-Trust early in the article. I don't believe the government has any idea what a medical procedure should cost, I would not trust them to 'define' the costs. You use the free market for that, but first you have to restore a free market and break up the medical monopolies and force competition again.
Competition seems to be an idea that has fallen out of favor, it's not mentioned in the media except in regards to sports events, it's too threatening for the Establishment to contemplate ordinary people considering competition to be the normal state of affairs in business...so it's never suggested or even mentioned as a solution to runaway prices in anything.
But I do agree with you in the end, we're screwed...
RE: Reply to Irrational Globalist Democrats ...