pid=20601087&sid=aMX336c2lWGQ&refer=worldwide Sept. 7 (Bloomberg) -- Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their capital,**( Sheila Bair seems to be having the same issue, JT)** according to people with knowledge of the decision.

But I would think the other factor for hyper-inflation - which is limited building opportunities - wouldn't be present.

Especially if you account for inflation.

Also be careful with Zillow there are many homes in Indiana that are very inflated on their site.

Perhaps he/she inflated your income, called this property your primary residence, manipulated your credit report, etc., The theory behind this is that, had the loan officer not falsify the application, you would not be in the financial turmoil your in now.

I believe that one of the reasons we're in this mess is because the Fed forced rates to stay low for so long after they were due to increase, which led to the buying spree, inflated prices, and further blowing the bubble.

First a death, followed by the loss of a small fortune . . . wow.You bring up a good point on the FDIC, but that bailout is simply the printing of more money by the Fed -- typically followed by inflation.

Everything is fixable...and at a price that you are greatly going to inflate in your report to the bank.3.

Yes, many, many people bought homes at the inflated bubble prices with absolutely no money out of pocket.

I guess its going to mean more taxes and higher inflation for all of us.