The Federal Government, Conspiring With Wall Street (and Foreign Banks) To Destroy American Neighborhoods Through Foreclosure
The federal government is the Wizard Behind The Curtain in the majority of all Amerikan residential real estate financing. Through its surrogates Fannie, Freddie, USDA, VA, HUD, it controls and directs virtually all economic, legal and social policy related to the homes Amerikans live in.
In courtrooms, it’s not the banks that call the shots and it’s not plaintiff’s attorneys….it’s the central planners…the feds.
In short sales, it’s not the banks that call the shots and it’s not the realtors…it’s the central planners….the feds.
In modifications and mediations, it’s not the banks that call the shots…it’s the central planners…the feds.
In the disposition of vacant and blighted homes, it’s not the realtors…it’s the central planners…the feds.
In the “bank sponsored break ins” it’s not the banks that call the shots…it’s the central planners….the feds.
And the feds are inextricably linked, arm and arm, golden handcuffs to golden handcuffs to Wall Street and the international banking cartels. The central planners, Bernake, Paulson, Geithner, they don’t serve the interests of the Amerikan people….they serve the interests of the international banking cartels. The President and All The President’s Men (and Women) in Congress serve Wall Street and the international banking cartels…nowhere is this more apparent than in the complete lack of prosecution of any of the Wall Street financial criminals….it is clear now that they will all walk free….they are above, beyond, and superior to all the laws.
Read the rest here…
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Demand a gov NOW!!!! Before the stupid election tank patrolled situation gets worse… NOW people NOW!! Think ICELAND!!!!! and again to quote our leader for lack of a better word for the so called leaders and I will not take my time typing out my real thoughts other than “YES WE CAN”!!!
@ TTT – the writer is Matthew Wiedner, a prominent (and activisit) attorny for the people. He is not simply a realtor or an appraiser but one who consistantly fights for those wronged in foreclosure. He tried to get on the ballot for office, and he speaks the truth. He spends countless hours and time writing and presenting videos to expose the truth. I would not even contemplate that he is “over the top” as you posted.
Talk, that just about says it all, will soon be time for another housing crash, after the failed attempt to socilize housing.
The only thing missing in the commentary is the connection to the USA’s enormous military bills. The domestic destruction is collateral, or as Tim Geithner might say, “something you can’t understand”. Sure we can, come on, the truth will set us all free, as opposed to living in debt hell.
It’s an outrage HSBC Bank USA doesn’t had its U.S. banking licenses revoked for money laundering around the world.
(Please, read: The New York Times, 08/24/2012)
Bank crime shouldn’t pay.
On the surface I would say this writer may be over the top and perhaps he is but as an appraiser and Realtor, I am seeing bulk sales of homes being sold to corporate investors who are buying them cheaper by the dozen. Our databases must tag bulk sales with a T to designate the sale as combined with othet sales. Research would take me to the registrar’s office and the transactions are available. On checking, they typically reflect transfer to a limited corporation or shelll. Bulk sales are not typically used in developing an individual appraisal. Massive sales to investors are largely off the radar unless one searches but they are not illegal. Most of the sales transferred in bulk in Memphis are houses in areas where sub prime loans dominated. So the banks are cleaning up, reselling these houses to investors who are placing them in rental programs or selling individually. Individuals are buyer too but investors are targeted. What is criminal is that they can sweep away people’s dreams as if it was so much debris and go on unscathed as if nothing happened.
Indeed,a new program was presented recently in Memphis for buyers, no money down, low interest, easy qualifying, being touted for low income buyers. They are being sold these refurbished houses bought in bulk. In Memjphis’ high unemployment climate, how long before these return to foreclosures and are shuggled again?
Sound familiar? Are we traveling down the same road? Because if banks got by with it before and made money, how about another swig of the IKool-aid?