"The Great American Housing Rebound"

Tyler Durden's picture

When it comes to provocative financial magazine covers, until now this has been the domain mostly of the Economist and Barrons. Which is why we were not surprised to see Bloomberg do all it can (and it sure can afford to do a lot) to steal the spotlight. With this week's cover page of "The Great American Housing Rebound" it may have done just that, for obvious reasons, or rather one politically uncomfortable reason. And just as expected, the blistering critique is already quite fast and certainly furious - precisely as had been intended all along.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
francis_sawyer's picture

Based on the artwork ~ I'm assuming that all white people live in cardboard boxes by now...

maxmad's picture

Hyperinflation will mean a 2 bedroom should be worth about 1.3 million (give or take 100,00) in less than 12 months!

ShorTed's picture

...and the Bernankhole can finally declare "victory".  Then the debt serfs can take their $1.3M to the store for a package of hotdogs and rolls.

maxmad's picture

1.2 million will get you the package of Hot dogs... You will need to sell your call to get the rolls...

maxmad's picture

Of course their will be a rebound in housing (if only in paper terms), the Fed is now the largest RE owner and they are ensuring inflation...

nope-1004's picture

Nothing racist about the picture.... lol.

Hispanics and blacks sitting in a house wading in cash.  Seriously.... how did this get by the senior editors?  Even their faces are bubbled out of proportion.

Gotta be some kind of a joke.


Fish Gone Bad's picture

The Fed buys up all the mortgage backed securities, puts the tranches back together and recreates the original mortgages.  The Fed soon owns all the houses and as such, has a monopoly on their prices.

redpill's picture

Even the CAT is black!  Someone's getting canned....

AlaricBalth's picture

Even the swan on the roof is black. I wonder what that symbolizes?

Groundhog Day's picture

and the dog is cross eyed

tip e. canoe's picture

egg-scat-ly.   question is : can humpty dumpty be put back together again?

oddjob's picture

They stole it from MAD magazine.

edb5s's picture

Bernanke's response: "What, me worry???"

WakeUpPeeeeeople's picture

Nobody mentioned the squirrel in the pic. Before this mess is over, a lot of folks will need to learn how to pick out a squirrel in the top of a tree if they want to put meat on the table.

Tom Terrific's picture

No, the squirrel is looking for nuts.  He found them in the house.

nope-1004's picture

The picture is disturbing, on so many levels.  First of all, cash is overflowing, sending the message that there is so much of it that it is worthless.  Secondly, the peep hole into this house looks to me like I'm looking through a bubble to the inside.  And third, the only piece of furniture is a lamp.  It's just so disgusting.


TruthInSunshine's picture

Mayor McBloomBerg does "blackface."

Don't drone their Big Gulps, bro!

nope-1004's picture

The young girl upstairs, if portrayed exactly as she is outside the house, would be a ho.  The guy downstairs with the Pinocchio nose has obviously lied about his income and is celebrating his treasure with a pirate-like facial expression.  This is obviously a hit against the subprime borrowers, the majority of whom were lower income individuals.

Business week (as said above) is now MAD magazine.


smlbizman's picture

and lets make that a pit bull.....

Common_Cents22's picture

its hardly worthless, the disgusting part is its being ripped off from taxpayers and hoarded by DC elite whores and their connected business elite.   But majority of Americans are too stupid to realize it until its too late.

Shizzmoney's picture

I actually think its not.

It's pretty clear that the rentiership class is getting a little sick and tried fo us "complaining" with our "facts".  Between CitiBank issuing underlying threats to the Italians after the election, or The Economist reinforcing this view that "democracy is bad for markets" - it's pretty clear that the message being pruported is: "We can divide you at any time, we think you are all stupid suckers that we own."

That's the thing about the huge lips and noses in these pictures.  A lot of folk think it's a dig on how black people actually look - it's actually a subtle dig on ALL people taking homes, that they are "suckers" (big lips = fish/whale, a common term for degenerate gamblers) and "liars" (growing noses).

They are trolling us all.

tip e. canoe's picture

They are trolling us all.

yep, they sure are.   this is why it's important for everyone not to fall into the trap of division/derision based on cultural/ethnic/class identities, if only because it's obvious TPTMB (make-believe) are pushing the meme for all it's worth.

DaveyJones's picture

"gotta be some kind of joke"

the whole economy is

Dr. Richard Head's picture

The please explain to me why hot dogs and beer will be cheaper at Progressive Field http://www.cleveland.com/sports/index.ssf/2013/02/indians_fans_to_pay_less_at_pr.html#incart_m-rpt-2

Oh wait, the Tribe sucks, so I guess it's a supply demand issue more than anything.  Carry on. 

socalbeach's picture

Beer reduced in price so you'll drink more and won't notice the hot dogs are made of horsemeat ?

El Viejo's picture

Bloomberg limited the size to 3 bedrooms!

Dr. Richard Head's picture

An 80/20 Jumbo Alt-A Option Only Arm will be required for a bungalow soon.

StandardDeviant's picture

Heh.  Welcome to London...

Common_Cents22's picture

how do housing prices rise even in inflationary environment when wages/economy are stagnant?   We will be in stagflation, not some real recovery with velocity/expansion of money picking up from real loans being made.   This is nothing but ripping off average americans/taxpayers via printing, bailouts, ruining the economy, also hurting any savers with ZIRP. 

Whizbang's picture

I take it you've never been to boston, d.c., or manhattan?

Divided States of America's picture

Even my dog has three houses, one in my backyard, one in some empty house down the street where he shares with some homeless mutt and another one in Florida when he does decides to elope with the mutt for good. Houses for everybody!

Bicycle Repairman's picture

My dog has one that he shits at.  Someone better tell BOA to order up some mutt mitts.

Kaiser Sousa's picture

divide and conquer via the race play is just another sign of desperation on behave of the bankers and the elitist...i hope us folk here at the Zero will c past it.... 

Spastica Rex's picture

i hope us folk here at the Zero will c past it.... 


icanhasbailout's picture

notice no cats are dumb enough to be involved with this

booboo's picture

yea, except for the black cat, what? You a racist or somfhun?

icanhasbailout's picture

he's just sitting aloof from it... contrast with the dog who is clearly participating, salivating even

MayIMommaDogFace2theBananaPatch's picture

look again...the cat is clearly a narc.  <sarc>

otto skorzeny's picture

francis-i was starting to panic-you haven't been around for a few days

francis_sawyer's picture

Obama droned me then turned me into a newt... But I got better...

Uncle Remus's picture

You actually survived "Being Gingrich"?

*If you are capable of critical thinking, you are the resistance.*

francis_sawyer's picture

For those who take francis_sawyer too seriously about anything:



PS ~ InTheLandOfTheBlind actually 'got it' correctly...

kliguy38's picture

Tell it to the millions underwater on the mortgages......tell it to the millions in foreclosure.....tell it to the millions living with their parents

maxmad's picture

This is why the banks are welcoming all foreclosures!!  Welcome to Zimbabwe/Weimar...

prains's picture

How is it such a ludicrous idea like this can even get published? It can't have anything to do with the concentration of 90% of american media in the hands of 5 corporations can it?

WillyGroper's picture

Soon these psychopaths will hire the unemployed to come to our houses & kick us square in the nads.