Yes, but these people were (and are still) in the minority.  The majority explanation of why the house market is suffering is that greedy Wall Street bankers were the cause - certainly not that the government pumped up the asset bubble & that greedy middle class was more than happy to comply.  I completely agree with your view on this, but we are in the minority.

Good god, JDelage, you need help. I get the feeling you can't even take a crap without thinking about politics or giving the act some sort of political spin.

Can you point out where?  Thx

The Australian dollar has received yet another boost, taking it within a whisker of parity to the greenback, as strong consumer inflation expectations data increased the chances of a November rate rise by the RBA.

The dollar jumped as high as 99.72 US cents after the data was published and was recently trading at 99.59 US cents, up from 99.01 US cents earlier this morning.

The median annual inflation expectation in a survey by the Melbourne Institute surged to 3.8 per cent in October, the highest level since April, from 3.1 per cent last month.
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Overnight, the Aussie hit a fresh 27-year high, its highest since the currency was floated in 1983, after persistent speculation among analysts about the US Federal Reserve's plans for quantitative easing.

But traders said big option barriers lay at $US1.000, suggesting it could be a slow grind towards parity.

In contrast, the US dollar hit a new nine-month low, with model funds seen selling the US dollar early in Asia.

"The market is still focusing on quantitative easing," said Tim Kelleher, Commonwealth Bank vice president of institutional banking and markets.

"The US dollar has continued to drop right off."

The Fed on Tuesday published minutes from policymakers' September meeting, in which they said they were prepared "to provide additional accommodation if needed" to support the recovery.

Expectations quickly firmed that the Fed was close to enacting a new bond-buying program, perhaps as soon as November.

The Fed employed it as a tool to combat the effects of the global financial crisis in 2008 and 2009.

The reaction in France to pension changes is instructive. People take to the streets. Politicians seem to have much more difficulty shafting their citizens.

In the UK we just shrug and let it happen most of the time.

French protests were relegated to third or fourth item in the news on the state propaganda channel(BBC) in the UK. Probably did not want to put ideas in people's heads.