Tag Archives: housing prices


It’s propaganda! And there’s nothing wrong with circulating information to promote a good cause. But is the propaganda factual and the cause good?

This is a response to a false propaganda piece that I saw on facebook some months ago. It concerns a cartoon by Milt Priggee that seems to lay blame for the US foreclosure crisis upon “free market capitalism”.

But is the property market an example of free market capitalism?

Definition of ‘Free Market’
Investopedia http://www.investopedia.com/terms/f/freemarket.asp

Definition of ‘Capitalism’
Investopedia http://www.investopedia.com/terms/c/capitalism.asp

Definition of ‘Barriers To Entry’
Investopedia http://www.investopedia.com/terms/b/barrierstoentry.asp

Cartoon by Milt Priggee, Puget Sound Business Journal

BS Sells Papers!

A quick but informative rant about recent front-page news in the Express newspaper.

Gross mortgage lending jumped over 20% last month, latest CML figures suggest
Increasing house prices may just be a result of increased lending. This is actually a boom in debt! But look how the mass media report this…

Booming Britain: Joy for millions as house prices rise six months in a row
this is propaganda of the kind one would expect in a communist regime

Now the Great British ‘fry-up’ can help to fight diseases and obesity
advertising for the meat and egg industries