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Thread: Foreclosures

  1. #11
    JohnnyCash
    Guest
    First house we bought was a foreclosure, owned by HUD. Put some work into it and sold it for double.

    I have run across two people who think China now owns the Federal Reserve; Jim Willie & ZAP...
    http://www.youtube.com/watch?v=B26qf-GxhdE around minute 16
    Alright, the gold lease, I believe, was significant, something on the order of 2000 tons. They call it the Mao Era Gold hoard. Mao Tse-tung. I believe the Chinese said to the Wall Streeters, yeah we don't trust you; we want some collateral behind this gold lease because WE DON'T TRUST YOU! And they had some property they attached, like JP Morgan's headquarters in South Manhattan. Like some other property. The Chinese own 30% of Manhattan commercial buildings right now. And I'm hearing ... this is very difficult to prove but it pieces together well. This is my theory: the Chinese had the US & Wall St devise what I call an IRS tax source secure stream derivative. Think of it as a national mortgage bond. And with all the IRS income, which is not tiny, I think it's like 600 billion a year. With that amount of money they created a derivative, think of it as a mortgage bond at the national level, an aggregate mortgage bond. And they put it into place and it was held by the Chinese govt with the gold lease being the underlying contract in delivery.

    So Wall Street sold out the US population twice. Once with Most-Favored-Nation status given to China & the build-up of their industry. And second with the IRS guarantee. Which I believe, through the painful, annual, chronic recessions that we have that I believe, I'm not making this up, I look at the improper price inflation calculation and the deflator on their nominal gross domestic product, the GDP and I see a 4 and 5% error every single year. They're calling inflation growth. So when we say we have a 2% growth for one year, I say no, it was -2 or -3. Now we're saying we have close to a 3% negative first quarter? I'm saying minus 7% recession. The chronic recession brought about a default on the IRS secure stream; we no longer can provide that aggregate income from the IRS derivative and my speculation is that with this default China confiscated some Wall Street properties, like the headquarters for JP Morgan, and I believe, has now purchased a significant stake, and maybe a majority stake, in the Federal Reserve.
    https://kauilapele.wordpress.com/201...re-a-rich-man/
    THE TREASURY HAS TO FOLLOW ORDERS. SO DOES THE FED. THE FED IS OWNED BY THE CHINESE FAMILY, AND THEY HAVE TO DO THE RIGHT THING AND SIGN OFF ON THE TRN LIKE EVERYBODY ELSE. THEY DID. THE TRN IS COMMERCIAL NOW (NOT PUBLIC YET) AND IS BEING USED IN MAJOR TRANSACTIONS. WHEN IT DOES GO PUBLIC, EVERYBODY WILL KNOW IT. I AM REAL CURIOUS HOW THE NEW NOTES WILL LOOK LIKE. MAYBE THERE WILL BE A PIG IN THERE SOMEWHERE. JUST HOPING.
    Last edited by JohnnyCash; 08-12-14 at 12:43 AM.

  2. #12
    Sure I believe that a Chinese family can own the federal reserve, how much debt did they buy, it’s just worthless paper to them , they can print all they want, does not do a thing for them they want some tangible like your mortgaged or un-mortgaged property.

    Business is business. http://www.forbes.com/sites/kenrapoz...n-real-estate/

    Why Chinese are buying U.S. real estate, http://money.cnn.com/video/news/2013...ney/index.html

    The American Dream http://endoftheamericandream.com/arc...-united-states

    P.S. Out of Washington:And here

  3. #13
    Beware of buying a house foreclosures, always be smart and check the background or papers direct to the owner.

    Foreclosures are done in equity. Equity can be objected to at any time. The people have the right to due process of law and in law today, foreclosures fail.

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