The pending Commercial Real Estate Collapse and the state of the Economy

Crash JP Morgan Buy Silver
http://aucanary.blogspot.com/2010/11/crash-jp-morgan-buy-silver-now.html

Elizabeth Warren, Chair, The Congressional Oversight Panel - Current Affairs on Thursday, March 4, 2010

RECOMMENDED resources:
http://cop.senate.gov/hearings/library/hearing-062210-geithner.cfm

http://cop.senate.gov/


Full Interview on Charlie Rose:
http://www.charlierose.com/view/interview/10895#frame_top

Category:

News & Politics

Tags:

• Economy. Real Estate
• Commercial Real Estate
• Banking Reform
• Banking regulation
• Fed
• Federal Reserve
• Economic
• Colorado
• Federal Reserve System

[albc1964]

Hmm !! Around my Crystal City area and Columbia Pike area of Arlington,Va... there been some brand new apartment buildings have recently gone up. Does this mean that these places will be in trouble too ? Just seeking answers to questions in my quest for the truth;.... I don,t why the new apartment buildings are being built if commercial real esate loans trouble is on the way. What do You Think ?

[prayfortruejustice]

@albc1964 From D.C. area myself. I sold a house in rural Montgomery County MD for 275 in 2003. In 2008 it was appraised at 510. (just 5 years later.) If that's not a bubble? Areas like DC often do not often fit the mold because the business demographics. There are so few places for people to live (affordably) in the DC area, speculation on new apartments may be prudent? R they condos or rental?

A peak at DC Craigslist for office and commercial looks like a lot of deals to be had.

[prayfortruejustice]

@albc1964

watch?v=wH1LKtKjsDw

[2008Raw2008]

you can see the pain and sincerity in her talk. ditto:

RESPECT

[alexmax69]

RESPECT

[sidecar771]

@albc1964 The Empire State Building was built in 1931.

[jobedied]

There is no problem commercial loans will never sink banks . Fraud is permitted by the government you can cook your books anyway you want no oversight will ever exist. All loses default to the tax payer social security and medicare monies will be used for banking relief the continuing growth and expansion of housing will not skip a beat. Roads and warehouses will pop up like weeds in a garden. Poverty will come to the middle class but banking will thrive ,prosper, and expand. Print baby Print.

[HoneySiegalSurvivor]

@alexmax69 Respect for another crooked attorney pandering to the crook attorney who appointed her unconstitutionally? Wake up. Warren is another .Until the fraudulent estate of Honey Siegal deceased is fully investigated and corrected with it's links to the funding of 911 and the frauds in the mortgage banks with Bank One Obamas et all there is NO US economy. In 1999 in the State of Arizona it was stated the United States is NOT the United States nor Canada nor Mexico. Indict the fraudsters.HRS

[hplaserjet2001]

@wilatemodel

Sad, but true.

It will get much worse when the derivatives market collapses.

A few months ago the Federal Reserve Bank (Fed) loaned $1.5 trillion to several banks at zero interest.

Those banks deposited that money (created out of nothing by the Fed) in the Fed at 2.5% interest.

The US taxpayer is paying the 2.5% interest to those banks on that fraudulent loan of $1.5 trillion.

The corporate-owned media says nothing about this theft from US citizens.

[HoneySiegalSurvivor]

@wilatemodel the real good news is that I am the solution to save the US economy. Warren is just an emotional actress who does not have a solution other than to pander to media that she means well. The solution is basic. There are a series of frauds linked to the commercial business real estate trusts and banks from the estate of me DEAD. The attorneys as high as Bank One Obamas and DHS Lewis and Roca Janet are fraudsters. I have the inside info for the funding and can correct it with honest ppl

[albc1964]

@prayfortruejustice Hello !! Albert here sorry for taking so long to respond to one of your questions which I belive was are the housing units was condos or rental ? Okay.... I wanted to tell you that from Crystal City, Arlington-Virgina through SW section / D.C. all the way to recent trip through College Park / Laurel Maryland..the housing units are both condo and rental. Brand new ready now BUT MANY UNITS / FLOORS EMPTYfor the past 6 months or longer. What do you think ?

[wilatemodel]

@hplaserjet2001 and that's the good news

[hplaserjet2001]

The Federal Reserve reports the private net worth in the US is $53.4 trillion. US debt and unfunded liabilities are $120 trillion or $389,610 for each US citizen. Dozens of US states are bankrupt.

[hplaserjet2001]

Since 1913, the Federal Reserve has devalued the US dollar by 98+%.

In 2009, the Federal Reserve engineered 20+ trillion dollar bailouts equaled 40% of the private wealth created in the US since 1776.

The US Office of Management and Budget reports that for the next 70 years the US will experience deficits of tens of trillions of dollars and will not have one year with a budget surplus.

[hplaserjet2001]

Recently, the Federal Reserve loaned $1.5 trillion to several small banks at zero interest. Those banks deposited that money in the Federal Reserve and are receiving 2.5% interest. The interest is being paid by US taxpayers.

The 2010 US federal deficit is $1.6 trillion.

The US gov't overspends by $4.38+ billion per day.