Very few CA. real estate agents are honest; I was among the few. The ONLY reason I got into the biz was to hopefully be a part of TRULY AFFORDABLE (For minimum wage singles/couples) housing development projects; for instance a nice mobile home neighborhood where people own their own lots.Today the modular homes look very standard; that is to say traditional, & are very well built. I saw this crash coming for decades; as did other honest people.I was utterly incensed at the '08 banking takeover.
Our public servants are no longer upholding their Oath of Office and their fiduciary duty as Trustees to the People.
We need to hold our public servants accountable to their actions. We need to hold them accountable to the Constitution for the United States of America (1787) - the Trust document the original People had created for them for their benefit of themselves and their Posterity.
When the FED was passing out free money to banks, it enabled corrupt industries like the Real Estate Market & US University system to charge more & more & more money
If on the other hand, the money being passed out was more reasonable, then these industries would never have started over charging their customers!
My in-laws brought their home back in 1993 for 160,000.00 in the Bay Area. Now their principal balance on there home mortage is $610,000.00 and now their house is only worth $315,000.00 dollars now. They refinace their home five times in five years, from 2001 to 2006. My in-laws borrowed over $415,000.00 plus points and fees! Now they cannot afford to live in their home now.
Your in laws got $250,000 cash out (minus fees of about $50,000 if the refinanced five times) to substitute their income and continue with the same lifestyle.
The real evil is that they were not allowed to earn that money. On the other hand your in laws paid close to $100,000 in property taxes in the last eight years ( low balling it) and government took it and spent it.
What's worse, Government spending or Corporate greed?
Govts = Protection racket with a monopoly on force, Central Banks = Private owned Counterfeit rings providing debt, Judges & Police = Debt Revenue Collectors, Free markets = A Myth, stimulus package= the economical rape of the unborn
or counterfeit ring, giving money to favored People
Max's shows are all worth watching, but this was a cracker. Both guests were incredibly clear-eyed about the situation, and it ain't looking good. These are major tectonic shifts taking place, and a new reality is coming. It's going to be interesting to see how this plays out, and if you spend time staring at the TV you're going to miss the show.
What I really like about your show is that you have ACTUAL EXPERTS on who MAKE SENSE and HAVE FACTS to back up their claims, unlike the news where they have some part-time lobbyist or some dumb, pretty, and poorly trained answer girl. Keep it up Max. I love getting educated while dicking around on the net.
There is something to be said about foreign investors owning the roads and bridges. Oregon state is working on GPS computer systems to be used at the gas pump. It is technology that allows cars to be taxed by how many miles they drive. You can expect to have to pay money every time you get on a highway and also expect to be taxed by how many miles you drive. The money will go to foreign investors such as China. So how do you people feel about that?
The US went completely mental, but the UK is utterly fucked too. How much of the British economy is based on financial services and imports? How much gold does the Treasury hold? The good news is that British know how to survive on bread and dripping.
only the old farts know how, the younger fuckers have no chance the moment they cant afford Aldi, tesco or asda and petrol, insurance and taxes just basically cuts off your mobilty
Very few CA. real estate agents are honest; I was among the few. The ONLY reason I got into the biz was to hopefully be a part of TRULY AFFORDABLE (For minimum wage singles/couples) housing development projects; for instance a nice mobile home neighborhood where people own their own lots.Today the modular homes look very standard; that is to say traditional, & are very well built. I saw this crash coming for decades; as did other honest people.I was utterly incensed at the '08 banking takeover.
christophercredit 11 months ago
Way to go Max ! Rub all the noses of these bastards in thier own shit.... and internet is one of the best ways to get all the sheeple educated !
terfle1106 2 years ago
Gotta love Max, anyone who sticks it to those slimes at Goldman Sachs is a true legend.
wazza33racer 2 years ago 3
Our public servants are no longer upholding their Oath of Office and their fiduciary duty as Trustees to the People.
We need to hold our public servants accountable to their actions. We need to hold them accountable to the Constitution for the United States of America (1787) - the Trust document the original People had created for them for their benefit of themselves and their Posterity.
OneManAndHisFiction 2 years ago
throws a donut
at keiser..
just because ...
chena3 2 years ago
I think we are all escaping the fact that the u.s. needs a violent overthrow of its government
vampin6 2 years ago 12
I couldn't agree with you more.
Unkn0wnGuy 2 years ago
Thank you! really.
vampin6 2 years ago
When will you start? the rest of the world is waiting
ElFrankus 2 years ago
donutville usa
monday morning
DXY 77.57
dollar falling faster
than
obamas popularity..
chena3 2 years ago 2
When the FED was passing out free money to banks, it enabled corrupt industries like the Real Estate Market & US University system to charge more & more & more money
If on the other hand, the money being passed out was more reasonable, then these industries would never have started over charging their customers!
sugarpuddin88 2 years ago
Thanks for the show Max.
MustacheVerra 2 years ago 5
I saw an IOU on ebay - $100 - buy it now price $75.
5starrater1 2 years ago
The double bubble trouble.....lol At least theres some humor still outthere!
WeCanAllGetAllong 2 years ago
Max cracks me up with the way he can make doom and gloom funny .
cammoguy 2 years ago 10
take it easy max :P
texxta 2 years ago 2
My in-laws brought their home back in 1993 for 160,000.00 in the Bay Area. Now their principal balance on there home mortage is $610,000.00 and now their house is only worth $315,000.00 dollars now. They refinace their home five times in five years, from 2001 to 2006. My in-laws borrowed over $415,000.00 plus points and fees! Now they cannot afford to live in their home now.
vsaldanas 2 years ago
wow man that sux ass
texxta 2 years ago
vsaldanas: The sad part is that all those moneys were WASTED.
putittogether 2 years ago
now?
dieyoubastards 2 years ago
Your in laws got $250,000 cash out (minus fees of about $50,000 if the refinanced five times) to substitute their income and continue with the same lifestyle.
The real evil is that they were not allowed to earn that money. On the other hand your in laws paid close to $100,000 in property taxes in the last eight years ( low balling it) and government took it and spent it.
What's worse, Government spending or Corporate greed?
Answer: Saturated Corporate State (USA)
Enieh0008 2 years ago
corperatocracy
Govts = Protection racket with a monopoly on force, Central Banks = Private owned Counterfeit rings providing debt, Judges & Police = Debt Revenue Collectors, Free markets = A Myth, stimulus package= the economical rape of the unborn
or counterfeit ring, giving money to favored People
LastReplaySC 2 years ago 3
I'm sorry, but I can't feel too bad for them if they chose to so horribly over leverage their "equity"....what were they thinking?
pretorious700 2 years ago
They weren't thinking. It is sad, how dumbed-down we are.
Liozeris 2 years ago 2
Incredible story. Thanks for posting that - it helps put things in perspective for people.
RCinPAWA 2 years ago
Enjoy your vacation!
shoeman3434 2 years ago 2
Have a good one Max!
Blackjack555 2 years ago 4
let's hope nothing big happens while your gone
happy trails
marniespeaks 2 years ago 4
Max's shows are all worth watching, but this was a cracker. Both guests were incredibly clear-eyed about the situation, and it ain't looking good. These are major tectonic shifts taking place, and a new reality is coming. It's going to be interesting to see how this plays out, and if you spend time staring at the TV you're going to miss the show.
flyhead2 2 years ago 5
what's next, food?
marniespeaks 2 years ago 2
Is Max sporting the beginnings of a mullet at 2:43? IDK or care... he is the coolest.
bwigod4518 2 years ago
MAX: LOL at the bubble-house graphic
craigmason84 2 years ago 2
be safe max, we need you in the fall when the market freaks out again
soundmoneyfan 2 years ago 2
I love Max's bye-yalls.
nocturnalc 2 years ago 4
What I really like about your show is that you have ACTUAL EXPERTS on who MAKE SENSE and HAVE FACTS to back up their claims, unlike the news where they have some part-time lobbyist or some dumb, pretty, and poorly trained answer girl. Keep it up Max. I love getting educated while dicking around on the net.
motzaballsguy 2 years ago 5
I love this stuff... Keep up the great work Max!
JP5466 2 years ago 2
There is something to be said about foreign investors owning the roads and bridges. Oregon state is working on GPS computer systems to be used at the gas pump. It is technology that allows cars to be taxed by how many miles they drive. You can expect to have to pay money every time you get on a highway and also expect to be taxed by how many miles you drive. The money will go to foreign investors such as China. So how do you people feel about that?
AlwaysKurtCobain 2 years ago
I'm so extatic and thrilled! All is not lost! I just need to go and fry some waffles to celebtrate. I reckon I could handle about 9 or 10. Yummy.
flyhead2 2 years ago
Max keiser is the man, We love you here in Tampa, Florida.
jcperez0426 2 years ago 4
What the hell, Max on the beach again, hes got so much money :)
Danster82 2 years ago
thanks Max!
PestControl02 2 years ago 5
San Fransisco at 10 times income!!!!
Blimey!
I'm in UK and I was lucky to get my house for 4 times income.
stuntpea 2 years ago 2
The US went completely mental, but the UK is utterly fucked too. How much of the British economy is based on financial services and imports? How much gold does the Treasury hold? The good news is that British know how to survive on bread and dripping.
flyhead2 2 years ago
only the old farts know how, the younger fuckers have no chance the moment they cant afford Aldi, tesco or asda and petrol, insurance and taxes just basically cuts off your mobilty
LastReplaySC 2 years ago 2
homes ...
not just a
donut delivery system
anymore
chena3 2 years ago
thanks Max, and have a good vacation!
jfv65 2 years ago 8
Homes in California are overpriced.
Blackjack555 2 years ago 2
thats an understatement!
doobsta 2 years ago