Friday, July 12, 2013

Amexica (EXCERPT)

HAYE YOU EVER THOUGHT ABOUT ALL THOSE MORTAGED BACK SECURITIES THE FEDRAL RESERVE CONTINUES TO BUY OR ...

While Banks buy up houses for pennies on the dollar as it is they already own deed of the real-estate as to say you really own your house while making payments on it but when you stop making those payments on what you thought was your house you definitely will know who owns that house as most middle class people try to own their own things such as housing cars boats etc...

until you actually own it someone or something else owns it as it is for any type of investment many can own a piece of stock but it is only because many (in numbers and currency) people own that same piece of stock that gives it an increased price while in some ways it seems like a Ponzi scheme that is our reality if we stopped owning everything then everything would become invaluable and would belong to everyone as it is when establishing owner ship of something others really want is the true source of Value
 excerpt (EVERYONE NEEDS HOUSING)
needs wants = supply demand

GNS+RESEARCH


  
"I hope this never happens, but I see a trend forming fast below.."



ZERO HEDGE   :: http://www.zerohedge.com/print/476357
Today, credit markets remain frozen. Lending is nowhere near the levels reached in 2006. The housing market is showing signs of life; but that’s only because most home purchases are being made by banks, not regular people, for pennies on the dollar, as bankrupt properties are then reissued on the market for rent rather than for sale. If you are lucky, maybe one day you’ll get to borrow the keys to the house you used to own. And, millions of higher-paying full-time jobs have been lost and then replaced with lower-paying part-time-wage slavery positions. The image of American prosperity carries on, but it is nothing but  a cruel farce; and anyone with any sense should question how long this false image can be given life before the truth dawns.http://www.zerohedge.com/print/476357






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