In regard to hyperinflation.... all i can say is my dollar buys a lot less in 2012 than in 2009.. keep making vids, good info, very candid, informative and relevant
This was made in 2009 ...congrats on your prediction as gold was selling for 1,825.30 per troy ounce today (9/12/2011)! But I wouldn't go jump into it, Reuters argues it may go the other way as the U.S. and China have been successful in keeping the Greenback strong... no sense to the market these days.
Who's going to pay the property taxes on all the foreclosed homes? The bank? If so, they can't for long. Will the county be auctioning off homes? I'm surprised it's not happening all over already. How long can the counties hold out?
The net result of current policy on money can be compensated for in the fact that they have not yet begun to tax as heavily as they will be in the future. That makes it unsafe for investing in US. What a deal. We are being sold down the river.
in the mean time voters are voting in MORE tax's.. go figure.. who's voting, i'm sure the hell am not.. because its a F'ing SCAM.. we are all being scammed by this perimid setup by the banks.
Appraisal districts don't have any problem charging MORE when homes values are on the rise, but when they FALL, the greedy bastards don't readjust. I guess they thought home values would appreciate forever and they became accustomed to the extra free moolah.
California is screwed up, but at least we have Proposition 13 which limits increases in property taxes. Many people in Sonoma Co. have successfully protested and had their property taxes reduced due to falling home values.
Unfortunately the most rigged part of the system is the part they use to keep people in debt.
Even those of us who have managed to become debt free pay through the nose for taxes.
Even worse is the fact that they try to take away any avenue for investment that is not funneled through their system where they are able to dictate terms and take their cut.
Time I think to force our "masters" to consider giving us a little respect.
And you're right, Republican co-opted tea parties wont do it.
Don't know about Illinois but in AZ it's worth taking it all the way to tax court if you have a decent case. They hate going to court and will settle if they might loose. The intermediary steps are all rigged and pretty much a waste of time.
If everyone contested their valuations it would send a message. Unfortunately they raise the tax rate also, so even if the valuation is static they still charge us more.
Then they threaten to release prisoners, cut police, and stop trash service to scare us.
It's going to go up for a while. It will continue to rise as we go further into debt. India just bought 200 tons of it (8% of total supply). Step 1 in removing the dollar. It would stabilize if we saw some hope of controlled spending but that will not happen for years to come, it we make it that far, I don't think we will
Thanks for an interesting video. Amazing how the powers that be keep squeezing the people more and more. They are doing the exact same thing here in Europe, it does not matter if we have the socialdemocrats or the conservatives in power, their policy is the same: looting the society and tax the people to death. This will and can not go on anymore - it's beginning to boil here.
Big D, They may change your assessed value, in fact they are altering the assessment levels accross the board. The new ones are posted at my office and I don't have them here or I would quote. More obfuscation. The tax rate will rise more than enough to offset any change in the assessed value.
In Indiana a property tax appeal takes 18mo - 3yrs, to get credit, refund, & reflection of new assessment amount, until then u have to pay it as accessed. I'm working on 7 now. Good luck.
Actually Freedom, I think Silver might be the better bet. Nouriel Roubini thinks we are going to see an asset sell off on a global scale that we've not seen before. I did a video on it in my vids. It worries me because a LOT of conservatives have been buying gold.
Can you believe that the Fed didn't raise rates? They are just kicking the can down the road even longer. The longer they delay rates go up the harder the collapse will be. This is exactly what they want. They want to bankrupt the entire country into submission so they have complete control over us.
You know what is coming, they know what is coming. They are stealing has much as they can for as long as they can before the people lose it. The U.S.$ has lost world reserve currency status, the $ will be coming home to roost soon. This will create mega-hyper-inflationary pressure. It will be so bad they will have to invent a new word for it. The government knows it's toast that is why they gave up. They are just saving their own skins right now.
In regard to hyperinflation.... all i can say is my dollar buys a lot less in 2012 than in 2009.. keep making vids, good info, very candid, informative and relevant
AbuQalam 5 months ago
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This was made in 2009 ...congrats on your prediction as gold was selling for 1,825.30 per troy ounce today (9/12/2011)! But I wouldn't go jump into it, Reuters argues it may go the other way as the U.S. and China have been successful in keeping the Greenback strong... no sense to the market these days.
AbuQalam 5 months ago
Comment removed
AbuQalam 5 months ago
I don't think that you ramble. You do a great job!
jimbobubbadj 2 years ago
Who's going to pay the property taxes on all the foreclosed homes? The bank? If so, they can't for long. Will the county be auctioning off homes? I'm surprised it's not happening all over already. How long can the counties hold out?
bammbamm12 2 years ago
If I lose my house due to taxes,the bastards better bring a tank to get me out. I ain't leaving!
huntingun1 2 years ago 3
The net result of current policy on money can be compensated for in the fact that they have not yet begun to tax as heavily as they will be in the future. That makes it unsafe for investing in US. What a deal. We are being sold down the river.
thetimman00 2 years ago
in the mean time voters are voting in MORE tax's.. go figure.. who's voting, i'm sure the hell am not.. because its a F'ing SCAM.. we are all being scammed by this perimid setup by the banks.
danratsnapnames 2 years ago
deflation!!
cash is king, and untraceable too
waldentree 2 years ago
Great video, thanks for the info.
MaKaElectric 2 years ago
Good video.
whiskerchild 2 years ago
Appraisal districts don't have any problem charging MORE when homes values are on the rise, but when they FALL, the greedy bastards don't readjust. I guess they thought home values would appreciate forever and they became accustomed to the extra free moolah.
Howouldado 2 years ago
California is screwed up, but at least we have Proposition 13 which limits increases in property taxes. Many people in Sonoma Co. have successfully protested and had their property taxes reduced due to falling home values.
mcgrawtim123 2 years ago
Unfortunately the most rigged part of the system is the part they use to keep people in debt.
Even those of us who have managed to become debt free pay through the nose for taxes.
Even worse is the fact that they try to take away any avenue for investment that is not funneled through their system where they are able to dictate terms and take their cut.
Time I think to force our "masters" to consider giving us a little respect.
And you're right, Republican co-opted tea parties wont do it.
frgtmygld 2 years ago 2
Don't know about Illinois but in AZ it's worth taking it all the way to tax court if you have a decent case. They hate going to court and will settle if they might loose. The intermediary steps are all rigged and pretty much a waste of time.
If everyone contested their valuations it would send a message. Unfortunately they raise the tax rate also, so even if the valuation is static they still charge us more.
Then they threaten to release prisoners, cut police, and stop trash service to scare us.
frgtmygld 2 years ago
the entire game is rigged for you to fail. We need solutions from people on how to get out of debt!
FreedomForYouAndMe 2 years ago
Big D, in your opinion, what would happen to the price of gold if interest rates went up?
jcattera 2 years ago
It's going to go up for a while. It will continue to rise as we go further into debt. India just bought 200 tons of it (8% of total supply). Step 1 in removing the dollar. It would stabilize if we saw some hope of controlled spending but that will not happen for years to come, it we make it that far, I don't think we will
FreedomForYouAndMe 2 years ago
Thanks for an interesting video. Amazing how the powers that be keep squeezing the people more and more. They are doing the exact same thing here in Europe, it does not matter if we have the socialdemocrats or the conservatives in power, their policy is the same: looting the society and tax the people to death. This will and can not go on anymore - it's beginning to boil here.
robert4you 2 years ago 3
Keep me posted
FreedomForYouAndMe 2 years ago
Yes Robert4you..keep us all posted. We're gonan get the blame, we might as well know how it is going down in the rest of the world.
rexoid 2 years ago
Big D, They may change your assessed value, in fact they are altering the assessment levels accross the board. The new ones are posted at my office and I don't have them here or I would quote. More obfuscation. The tax rate will rise more than enough to offset any change in the assessed value.
jocknomore 2 years ago
My son lives in Illinois and he is already having a difficult time. Thanks for the info.
I will give him a call to see what they have received from the state and county.
haserterr 2 years ago
In Indiana a property tax appeal takes 18mo - 3yrs, to get credit, refund, & reflection of new assessment amount, until then u have to pay it as accessed. I'm working on 7 now. Good luck.
MathewsWire 2 years ago
good post..........thanks
skybirdbird 2 years ago
Actually Freedom, I think Silver might be the better bet. Nouriel Roubini thinks we are going to see an asset sell off on a global scale that we've not seen before. I did a video on it in my vids. It worries me because a LOT of conservatives have been buying gold.
FatLibertarian 2 years ago
Yes I should have mentioned silver too. ANYTHING but fiat paper. Thanks
Dan
FreedomForYouAndMe 2 years ago
There taking the f**king Pi** nah you folks can't take that crap any longer. Its time to club together with over folks and stand up to this madness.
dreadz808 2 years ago
Hey, I can't see what the broken scale start at. Zero??
cadar100 2 years ago
Can you believe that the Fed didn't raise rates? They are just kicking the can down the road even longer. The longer they delay rates go up the harder the collapse will be. This is exactly what they want. They want to bankrupt the entire country into submission so they have complete control over us.
jcattera 2 years ago 2
Yes, they are certainly setting us up big time. Sad that most don't see it.
Dan
FreedomForYouAndMe 2 years ago
You know what is coming, they know what is coming. They are stealing has much as they can for as long as they can before the people lose it. The U.S.$ has lost world reserve currency status, the $ will be coming home to roost soon. This will create mega-hyper-inflationary pressure. It will be so bad they will have to invent a new word for it. The government knows it's toast that is why they gave up. They are just saving their own skins right now.
msamour 2 years ago 8
100% agree
FreedomForYouAndMe 2 years ago