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They (the "elite") will eventually own every piece of mortgaged real estate in the United States of America and you are sitting back letting 'em do it and not protesting. I hope you caught that. Every piece of mortgage real estate in the United States of America as the Federal Reserve continues 40 billion dollars every month. Eventually they will have bought every piece of mortgaged real estate in America and when they depreciate the value of the dollar to the point you can't pay your mortgage they will repossess and all the New World Order wants to do is they will turn around and rent you back your house for the rest of your days. They'll rent it to your children, they'll rent it to your grandchildren, and they will be slaves in the hands of the elite if you don't stop them immediately... —Lindsey Williams
Originally posted by Happy1
reply to post by infiniteclarity
Never underestimate the stupidity of an American.
Why isn't this shouted out to everyone? Because they don't care.
You can see all the socialist/communist postings on this website of late.
People have been dumbed down to moronic.
There was a headline "House prices have gone up" People are so stupid they can't see that the dollar is being devalued, and it will continue to be devalued until a loaf of bread costs $100.00 due to QE3.
Just some more idiotic votes for the bozo in chief.
Originally posted by Happy1
reply to post by infiniteclarity
I've been waiting to re-finance my mortgage for 2 years now, knowing that the current gov't is wanting to hold every mortgage in Fannie or Freddie, or whatever new name they come up with. And I'm still waiting to see what the actural fallout will be.
There was a recent article in the Chicago Tribune? about a gov't agency going after people that "strategically" walked away from mortgages, or even worse, walked away from a mortgage, rented out the property, and collected the money themselves, while not paying the mortgage.
This is going to get very ugly. It would seem the gov't is attempting to make everyone of us some kind of criminal.
I am not saying that pulling a "scam" is o.k. - I wouldn't ever do it, but I haven't allowed myself to be put into a situation like that. I still have a job.
"The Federal Reserve will own your house. I'm saying this slow because it's so startling until the average American would be in the streets rioting today if they had the slightest idea of what the ramifications of all of this is." - Lindsey Williams
Originally posted by scubagravy
I really hate what America becomes.....It doest take long for our peasant Australian government to follow suit.
For some reason our pollies have no idea what hind sight is .....
Originally posted by Happy1
reply to post by infiniteclarity
Federal Reserve owning all the mortgages is communism
Originally posted by infiniteclarity
How can any of this be a surprise................!?
Originally posted by Taupin Desciple
I was going to rip you for posting a cartoon
Originally posted by Taupin Desciple
This is, ultimately, what the Federal Reserve is doing. They're playing a shell game with dollar signs....constantly shifting things around to keep the ledgers looking healthy so the whole house of cards don't collapse.........and putting more money in their pockets at the same time. And just like with that company, computer based inventory and financial programs don't see the reality of the situation if they're not programmed to. And most aren't. The reality is that the most you can do on the computer is prop things up. You can make things look better then what they really are. The real work comes from offline and it should be clear to everyone that these two "systems" aren't working in sync. How can they be when you're telling the system you're doing something that is monetarily impossible and the system doesn't realize it? It's because the computer systems aren't designed to recognize physical capabilities. Not in this regard. They're out of touch with reality by design. You want to get to the bottom of all this? Find out who designs those programs.
That said we're running out of the ammo... Pork filled & rushed $780 bil stimulus is winding down, interest rate near zero for the foreseeable future and debt time bombs from 2008 deferred via pumping of cheap money from the Central banks, etc. Next in line is QE followed by printing USD like there's no tomorrow. This $$$ printing may stem the deflation spiral and quickly become the inflation monster triggering the STAGFLATION. And VOILA people will realize it's all FIAT currencies and collapse of all currencies sans precious metal. Coming sooner than later along with Great Depression II.
Read more: www.businessinsider.com...
Originally posted by intrptr
reply to post by infiniteclarity
Exactly. Thanks to Taupin and you for helping me to understand it better. In the comment section from his link in the post above yours...
That said we're running out of the ammo... Pork filled & rushed $780 bil stimulus is winding down, interest rate near zero for the foreseeable future and debt time bombs from 2008 deferred via pumping of cheap money from the Central banks, etc. Next in line is QE followed by printing USD like there's no tomorrow. This $$$ printing may stem the deflation spiral and quickly become the inflation monster triggering the STAGFLATION. And VOILA people will realize it's all FIAT currencies and collapse of all currencies sans precious metal. Coming sooner than later along with Great Depression II.
Read more: www.businessinsider.com...
This except is also ignoring the big issue I'm trying to point out: At some point during QE3 the Fed will almost certainly own every mortgaged property in the US. Who's talking about that crucial point?
Originally posted by infiniteclarity
This except is also ignoring the big issue I'm trying to point out: At some point during QE3 the Fed will almost certainly own every mortgaged property in the US. Who's talking about that crucial point?
Originally posted by Taupin Desciple
Originally posted by infiniteclarity
This except is also ignoring the big issue I'm trying to point out: At some point during QE3 the Fed will almost certainly own every mortgaged property in the US. Who's talking about that crucial point?
Some people call that communism. It would be if it were politically motivated. In this case, in my opinion, it's not. It's money driven which makes it a business move. Any business man worth his paycheck will tell you that a diversified portfolio is safer then one that's not.
Some people think that since the Feds have their fingers in so many pies, they do have a diverse portfolio. And they just might, but buying most if not all of one pie, real estate, is just bad business. You can have 10 different investments, but that doesn't mean you have to own all of any given one. You let others get a piece of each pie. And that's not conceding parts of your wealth to others, that's spreading YOUR own wealth around. The smart investor will make sure that not all 10 of those investments are relevant to each other as well. If you invest in computer chips, invest also in something like transportation. Those 2 aren't interlocked to where if one goes south, the other will follow. Follow me?
But this is what greed does OP. It's blinds people to the reality that it's simply good business to share the wealth. It keeps the entire sector of business healthy because there's constant competition. But I guess when you doubt your own abilities, you don't want to compete with other people.
And that, OP, is the problem with the Feds. Not only are they greedy, they're incompetent. And you can take THAT to the bank.
Originally posted by Happy1
reply to post by intrptr
I'd like to point out that in communism, the Russians, or Chinese, own the land. If the dollar is so devalued, and people can't pay the taxes on the land their buildings are on, the US will then confiscate the land -- communism.