The Panic of ‘08: the Great Housing Crash (details in description area)
http://downwithjugears.blogspot.com/search?q=The+Panic+of+%2708
[Essay truncated at bottom due to length.]
The Great Housing Crash of ‘08 is on the way. Will you be wiped out by negative equity?
Basically what has happened here: ever since George W. Bush and his little Zionst friends entered office, Americans have been persuaded by a massive propaganda effort to turn their own housing, the places where they live with their families, into a mass gambling game that generates huge profits for Zionists and parasitic bankers who actually contribute nothing at all to the economy or the general welfare.
The housing market of the 2000s is roughly what the stock market of the late 1920s was to ordinary people. Everybody back then was playing the market, hoping to buy low (on margin) and sell high, thus reaping huge profits on paper without actually doing any work, manufacturing anything, or contributing to society. Money making money, the essence of Zionist capitalism as opposed to free enterprise, which involves actual production of goods and services.
Then in October of 1929, all the paper came tumbling down and reduced pretty much the whole nation to destitution.
The object of the game from the point of view of the Zionists and bankers has been to get everybody laboring under a crushing mortgage, owing 30 years’ of devastating interest payments that will put even our grandchildren into debt in some cases. The only way people could (in theory) get out from under their crushing debt was to sell “up” in a bull housing market. In most cases, of course, they were just trading up into a higher bracket of debt, while the Zionists and the bankers actually creamed off all the cash and stuck it in their pockets. The Zionists pulled the same scam with housing that they have so often pulled with the stock market in the past…they convinced people that the bull market would last forever.
People bought or refinanced a house with almost no money down (the 21st century version of buying on margin) then waited for the market to go up, and hoped to sell at a huge paper profit. The fact that people do, in fact, need someplace to live and their paper profits were usually eaten up in an even worse mortgage for a more upmarket house seems to have escaped the notice of the millions of American dummies who fell for this Zionist scam.
But in their mad to get everybody into 30-year financial serfdom and paying billions of dollars of interest into their pockets every month, the Zionists and the bankers started lending “subprime,” basically to any Tom, Nicodemus, and Jose who walked in the door.
They made billions of dollars of very shaky house loans to blacks, to illegal aliens, and to working families whose jobs were then downsized or outsourced to India. The result is that hundreds of thousands of people can or will no longer pay the Zionists for the houses they bought, and are walking into real estate offices and throwing the keys on the table. The bankers don’t know what to do with all those houses–they’re into money, not real things like bricks and mortar.
So the Zionists and the bankers (often the same thing) ripped off immense profits and now they’ve got a lot of houses on their hands which they can surely re-sell for something, right? Afraid not. It’s a lot more complicated than that.
You see, the Zionsts and bankers who were doing the mortgage lending were themselves borrowing money to stay afloat, based on their “accounts receivable” as collateral, in other words all that money they thought they were going to be raking in over the next 30 years. Now all the little sharks can’t pay back all the big sharks that they themselves are indebted to, and they are going to be eaten.
Okay, you say, but since all of this is on paper, so what?
What you need to understand is that in a Zionist capitalist society, as opposed to a free enterprise society, everything is based on borrowed money. Everything. Everybody borrows from everybody else.
This allows for the lifeblood of the Zionist people: interest. Money making money on its own, without actually working or producing anything or providing any services of value. This is how the basically unskilled and parasitic Zionist people have survived for the past 2000 years, in essence recycling the same limited amount of actual wealth over and over again and drawing off their own sustenance in the form of interest, like vampires. Eventually, of course, the Zionists’ host organisms die and they move on.
Everything is dependent on borrowed money, including the company that you work for. (Almost everyone these days work on salary for a corporate entity, even if only as a no-benefit “contractor” or consultant; almost no one is actually self-employed on the basis of their own skills anymore.)
A major banking or financial crash sets off a domino effect as screaming, hysterical-
[Rest of the article at the URL at top.]
Duration : 0:6:20
[youtube 2Kt8ylDs9a4]
our housing market …
our housing market NEEDED to crash, I’m happy it is bombing! the homes were getting so freakin expensive no one could afford them.
Rofl.
Rofl.
You’re very …
You’re very fortunate ;-]
wow I am glad my …
wow I am glad my gradnparents bought their home back in 1960. Their was already paid for by the late 1970s, and sooo we escaped this BS in our family.
McCain-Liar!Obama …
McCain-Liar!Obama what’s on IPod?Dylan, Jay-Z.McCain what’s on the Victrola?Fibber McGee & Molly,Benny Goodman.John McCain- dangerous puppet!Oh God,Obama’s stance on FISA,the creepy speech at AIPAC.Yuk, McCain bringing Lieberman everywhere;the Israeli lobby is choking the world; the candidates are bought & paid for;a false left-right paridigm!Soft fascism/Hard fascism;they’re both enslavement in the end.”Knowledge Is Power!”Get involved,look for a TruthMovement group in your area!Start your own!
The essay about the …
The essay about the housing crash is in the description area.
Course of ethics …
Course of ethics for journalist:
“The title must explain the content”
Yet nothing about the 11-S has to do whith ethics so, What the hecks! Go on, Ad nauseam!
how could they the …
how could they the blades would have gone into the building if they came in too close the best they could have done was try to get people from the roof
If every news …
If every news copter in the ing city was there why didnt one even try to rescue a person out of the open windows? Its ironic to see one passing by as the people jump like pawns in a game and extras on a set.
Hmm. Nothing to do …
Hmm. Nothing to do with 9/11 – there i’m afraid you’re wrong. Heard of “The enemy of my enemy is my friend”? While the people themselves weren’t that supportive of Islamic Fundamentalism,t he government (dictatorship) was financial backer of anti-american or anti-western activities.
But they wound up …
But they wound up fighting Iraqis instead, which happen to be a people who had NOTHING to do with 9/11. What a farce.
Well people do have …
Well people do have a choice in America.
Most of them just joined the army right after 9/11 to get back at the terriost.
I dont know if i …
I dont know if i would go as far as to say that… Easiest way out of anything is to blame the big wigs… It is hard to prevent something when you don’t expect it…
I wasnt blaming the …
I wasnt blaming the citizens sorry if I wrote it wrong I was blaming the government. They had the full power to stop this from happing.
Yes please do not …
Yes please do not blame us americans… The cruel irony of our so-called democracy, is that I had no part in the war… in any war, I wish not to fight, I wish to have a choice and to help those around me. The word democracy, to me, is more of a placebo the big-wigs can shove down our throats, because when it is simplified, I, and nobody around me got to choose what happened.
lol i dont …
lol i dont understand most of the things u said,and watever u said i dont really care it still makes me laugh at least the basterds that actually hijacked the planes died,and its funny becuz of the way she said it =P
So what does WTC …
So what does WTC have to do with the housing crap?
I Read the …
I Read the responses to the vid and 80 % are from idiotic asinine provactors. IT IS WHAT IT IS. Can anyone deny the terror of someone jumping out the window else being burnt to death? Most of these folks were trying to pay their mortgage and take care of family.
God, Allah, Buddah and what ever deity had nothing to do with this. EVIL EVIL EVIL!
I saw this horroble …
I saw this horroble thing happen, over the internet. Just as in your video. If I should ever, happen to have a chance, to give these vicious perps, an comumpance. It would be my pleasure and honor to do so. Beasts! The master minds of terrosists are cynically bloodsuckers, using the ignorance of their people to use them in such a horrific manner. You will never see the big shot in terrosistisc ops put thier on the line. COWARDS!
don’t talk …
don’t talk semantics with me. you know what i meant. i’m talking about the 9/11 truth loons.
Oh hush with the …
Oh hush with the terrorist non sense. That building was demolished by explosives. Just look how precise in came down.
yo, i saw that …
yo, i saw that happen, i was there
Every time I see …
Every time I see the horror of that day in 2001, it reminds me of the fact that all that the terrorists have really managed to do, is to show the world just how ridiculous they really are.
Ultimately nothing in the world has really changed since that date. Hate, poverty and destruction carry on regardless.
The only thing the terrorists have really achieved is to alienate themselves from the rest of the human race and their faith and their god.
Like I said they’re riduclous!!!
I think anyone who …
I think anyone who watches this video and decides they have the right to critique it is a sick . I think we need to watch this video and take a moment to respect the lives that were lost instead of getting into details about Bush or the Zionists.
i was laughing …
i was laughing because the college humor videos, but i saw this and now i feel terribly bad.. i almost cry… i think the description of this video is kinda trustworthly