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Author Topic: I see an economic diasater coming...  (Read 1453023 times)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #240 on: December 06, 2009, 05:34:28 AM »
... In any event, I ran across an article on the web a couple of weeks ago that talked about three guys who bought an apartment bldg. in SF on some sort of government program - they didn't have any money for a down and I think they qualified as vets for reduced payments, but they got it.
That may be possible.  I believe the VA program for small business investment concerns runs on a different set rules than commercial projects.
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Is SF the city of choice or is it that you have access to VA there?
Both, really.  The weather suits me best and I'm familiar with the city.
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The reason I mention this is it's probably the highest rent-district in the state, but there is easy-access there (trolley, bus, train, plane) and anything you want within a small area (NYC is kinda like that, too).
I see the similarities.  I think it's safe to say, though, that both cities have different kinds of people living in it.
Quote
Anyway, if I can dig up that article I'll shoot you a link.
Sure, I'd like to see it.

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #241 on: December 06, 2009, 06:08:29 AM »
Something funny and relevant to a post above.
CNN’s Sanchez Retracts His Claim of a 400 Percent Increase in Presidential Death Threats:
http://canadafreepress.com/index.php/article/17547
Regards...
I read the article.  The same could be said for Hillary Clinton.  More death threats.  She's a woman and if she would have won the election, the Arab nations and other Muslim nations would probably have had nothing to do with her.  Women have no voice in their culture.

My point is:  The streets are getting more and more angry.  I've been on the streets and I know what these people are like.  The average American is getting to their level of poverty slowly, but surely.  And their anger is probably rising.  Mine would, if I was any of them.

That may be one of the reasons why guns are flying off the shelves in gun shops as I write.

--Lee

Cap-Z-ro

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Re: I see an economic diasater coming...
« Reply #242 on: December 06, 2009, 12:39:42 PM »

According to a guy that makes a lot of sense, the amount collected in taxes by the US Gov. represents only 1/3 of their receivables.

In other words there is no real need for taxes..other than to keep the vast majority of people from rising above the level of wage slave.

Regards...


the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #243 on: December 06, 2009, 04:10:59 PM »
According to a guy that makes a lot of sense, the amount collected in taxes by the US Gov. represents only 1/3 of their receivables.
And the Gov't has to borrow the rest?  For example, I read in an Internet article, just glancing quickly, that the money paid for the national debt is being borrowed while at the same time, the debt was also borrowed.  $Trillions.  The interest can be paid off only if we live to be 1,000+ yrs old.
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In other words there is no real need for taxes..other than to keep the vast majority of people from rising above the level of wage slave.
Good thinking; they probably want us to be dependent on a job to pay taxes for their salary and retirement account.

--Lee

ATT

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Re: I see an economic diasater coming...
« Reply #244 on: December 06, 2009, 05:00:33 PM »
@cap:

Here's a chart (believe it or don't):
www.taxpolicycenter.org/briefing-book/background/numbers/revenue.cfm

This may be the person you were talking about:
http://www.devvy.com/notax.html

Never heard of her, let's do a look-up:

Kidd, Devvy
   ATTN: DEVVY.COM
   c/o Network Solutions
   P.O. Box 459
   Drums, PA.  18222
   Domain Name: DEVVY.COM
   Record expires on 30-Jun-2011.
   Record created on 01-Jul-1998.

She's been around for 11 years, has a legit registration.

Appears to be a right-wing anti-tax constitutionalist.

Here's an opposing view:
http://www.quatlosers.com/devvy_kidd.htm

Registrant Contact:
   Whois Privacy Protection Service, Inc.
   Whois Agent ()
   
   Fax:
   PMB 368, 14150 NE 20th St - F1
   C/O quatlosers.com
   Bellevue, WA 98007
   US
Creation date: 03 May 2002 17:21:13
Expiration date: 03 May 2010 17:21:00

Appears to be an anti-fraud site.

Looks like these guys want anonymity, been around about for 7 years.

Dunno, I guess you have to beat the bushes a little to get a feel for her (or whoever was referred to) legitimacy.


ATT

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Re: I see an economic diasater coming...
« Reply #245 on: December 06, 2009, 08:58:26 PM »

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #246 on: December 06, 2009, 09:17:54 PM »
@Lee
Hey Lee, i found that article, check it out:
http://www.businessinsider.com/fha-loans-help-three-broke-dudes-by-a-million-dollar-building-in-san-francisco-2009-11
Tony
Hey Tony,
The article above should be a record breaker!!!!!   >:(   :P   ::)
My misgivings:
A)  With no job now, how will these guys pay back the loan???  Can they start some business and then use the duplex as part of that business?  In a recession?!?!  Did the phrase "business plan" enter the conversation along the line???  How about "collateral"????
B)  Congressional oversight is needed!!!!  This is as bad as the housing crisis, but in a bigger scale!!!  And they'll create(the FHA) more of these loans!?!?

I usually don't get this worked up, but I have the firm conviction that the Obama bubble will certainly pop with more transactions like this one being made.
It's only a matter of time.

--Lee

Cap-Z-ro

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Re: I see an economic diasater coming...
« Reply #247 on: December 06, 2009, 09:58:55 PM »

" Congressional oversight is needed!!!! "

If I had water in my mouth I would have done a 'spit take' when I read that phrase Lee.

Those clowns don't even read the Bills they sign and support...and they don't hide it either.

The fact that that doesn't seem to bother anyone is whats really  bothersome.

Sometimes I wonder why I bother...but before long slavery starts bothering me again, reminding me why I bother.

Its like being nagged by a plaintive cry off in the distance during quiet times.

More and more I envision the fruitful lives we could all be living in this world of plenty...were it not for the greed and selfish manipulation of a few.

There nothing I avoid more than numbers and economics, but even I can understand the logic behind the words of Walter Burien.

He has been around a long time...hear what he has to say here...

http://cafr1.com/

Regards...


ATT

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Re: I see an economic diasater coming...
« Reply #248 on: December 06, 2009, 11:02:20 PM »

This is as bad as the housing crisis, but in a bigger scale!!!  And they'll create(the FHA) more of these loans!?!?

...So, hey, you wanna get in on this...free money, no down, no job required??
(I think we're -all- 'in on this', whether we like it or not...).

Tony

ATT

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Re: I see an economic diasater coming...
« Reply #249 on: December 07, 2009, 12:17:00 AM »
@Lee
Ok, I think I figured it out:

Form a non-profit, spot a property in town, go down to the FHA and float a business loan, then turn around and contract-out as a VA half-way-house extension.

That way, the government pays the mortgage on the property that they lent you the money to buy!

It's definitely in keeping with the 'overunity' theme.

I think you gotta go for it...

Tony

ATT

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Re: I see an economic diasater coming...
« Reply #250 on: December 07, 2009, 12:34:09 AM »
He has been around a long time...hear what he has to say here...
http://cafr1.com/

Cap, good link!

I've just read this one, so far:
http://cafr1.com/WhoRulesAmerica.html

Well written, proper attributions, factual...that's more like it.

Thanks for the link, I'll read some more and get back to you.

Tony

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #251 on: December 07, 2009, 12:40:28 AM »
@Cap-Z-ro
With respect to your immediately previous post:

I've never seen people change greatly for the better in human history.  As much I don't go in for Biblical prophesy, the Book of Enoch says the "about" same thing as the the Book of Revelations.

Wipe the slate clean and start all over again with humanity somewhere else in the universe?  Looks like it's time for the finale.

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #252 on: December 07, 2009, 12:54:05 AM »
...So, hey, you wanna get in on this...free money, no down, no job required??
(I think we're -all- 'in on this', whether we like it or not...).
Tony
Well, I've got a "thing" for honesty.  I've got a "thing" against prison, even though some past and present financial CEO's---or other perpetrators---may need, or deserve,   ;D  an extended stay at the nearest penitentiary.

That brings up my next point:
Anyone can complain about the economic/political climate, but politicians/lawyers write and enforce the laws using hired men and guns we paid for.
 >:(   >:(   >:(   >:( 

ATT

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Re: I see an economic diasater coming...
« Reply #253 on: December 07, 2009, 01:13:17 AM »
...financial CEO's may need, or deserve,   ;D  an extended stay at the nearest penitentiary.

And a lot of 'em are in there, as a matter of fact..(what? You didn't like the financial perpetual-motion idea?).

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Anyone can complain about the economic/political climate, but politicians/lawyers write and enforce the laws using guns we paid for.

That they do, skim through that article about 'power' that I linked to a few posts back, has some good facts to draw inferences from.

As to human nature, it won't change, it's been rock-solid 'the same' for as long as we've been able to trace the records.

Every now and again there's a little 'hiccup', but it's temporary, we always revert.

Tony

Cap-Z-ro

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Re: I see an economic diasater coming...
« Reply #254 on: December 07, 2009, 01:59:19 AM »

Walter really knows how to simplify things. making it easy for anyone to understand.

" Wipe the slate clean and start all over again with humanity somewhere else in the universe?  Looks like it's time for the finale."

I'll be hoping to catch a flight out if that happens.

Regards...