U.S. Housing Bill - The Calm Before the Storm
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Uploader Comments (visionvictory)
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Nice vid, you know your stuff. Keep up the good work!
3 years ago 5
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Better stock up on canned goods, ammo and silver. Silver's a much better investment than gold. Google "peak silver".
3 years ago 5
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All Comments (993)
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Do it again. This time give accurate information you have NO IDEA what you are talking about. Don't get your information from a magazine bOtArD>>>>>
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CivysCare4Sol, credit default swaps are dragging down the banking system. Mark to market is is collapsing the asset valuations and thereby collapsing the credit rating of the banks. Banks r failing because their asset valuations are making them insovlent on paper. As credit ratings fall their collateral obligations rise, they don't have the cash so they close. Closed banks don't lend. Enter Geithner. Solution is quantitative easing, then inflation, then higher rates, then less, not more credit.
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Good to see that we can write with opposing views and not be censored here :)
As the credit circulations are secured by intervention in relation between (banks) & (corporations/retailers) the real economy will be insulated during 2009.
Past impossiblities are now possible & the house building systems will eventually be secured by the public and the housing crisis will secured from privatised incompetance.
Despite all the past gloom spouted by invester
elites,rises in unemployment will be halted.
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Does this not mean that in the long run America will have to stop speculating in housing and all land based real estate in general. Does this not mean that we have to eliminate all subsidies for home ownership via tax deductions and low interest mortgage money since all these policies meant to make home ownership more affordable have only resulted in encouraging speculation and increased costs for housing. The best we can do for the next generation is demand the end to real estate speculation.
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I invested in a Fellowes paper shredder (the one with the bulldog) complete with credit card annihilator. Best investment and decision I every made. We have shredding parties. Shredding gives you a sense of power and it is quite relaxing. Now matter how many times you tell these companies to stop with their campaign to sell you into usury, they press on with all those mail offers. My shredder has done me proud.
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with the 700 trillion + bailout, none should be evited, we are paying for the crocks who bundled and sold those mortgages. Bear Sterns, Goldman Sachs, AIG, etc. all got rescued , why not the home owners?
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You are on point!
-G
"All I Ever Wanted Was To Do Right (Riiight)"
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Its not that simple. I, for one, stayed within my means; but my means kept shrinking. Now I am borrowing to pay the rent that I managed to keep below my neighbors'. Everything is raising and my pay is decreasing and so are my hours.
I stopped using charge cards. My clothers are from the clearence rack - when I do buy.
I don't even watch tv. I don't own a car because of the cost. and I am behind in everyghting
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The frightening thing is they say they are taking no options off the table, even nuclear first strike," Paul said. Paul believes from talking with his contacts in and around Congress that a strike on Iran has already been green-lighted.
"That is my sense because the Democratic leaders in the House are proposing no resistance whatsoever, Paul said. "We saw this when a supplemental bill came up and the president asked for $107 billion for the war, the Democrat leadership gave them $162 billion.
coultrane 3 years ago
thx for the comments
visionvictory 3 years ago
I.O.U.S.A.
interview with the director/creator...plus more clips of the movie..
revver(.)com/video/831294/iousa-iousa-movie-iousa-movie-trailer-patrick-creadon/
firethefed 3 years ago
thx for the info
visionvictory 3 years ago