As proof of what was posted here this AM, SRN "news" was bragging like FOX that housing prices in 10 major cities had risen over 10 percent the past year. Always it is nothing but calling a dead whore just a perfect quiet bride who never gets into fights with this bunch as IT IS ALL ABOUT KEEPING THE MASSES FROM A REVOLUTION.
Here are the Drudge headlines which of course followed today's banner bust in this busted reality:
Homeownership at 18-Year Low...
Rents Hit Record Highs...
Detroit home priced at $1 sits on the market for 519 days...
So SRN in propaganda, lies to the American public, by leaving out that home ownership in America is at a 20 year low, but that rents like inflated prices which are benefitting all those BAIL OUT real estate horders are at record highs.
So you get this point, all of those bankrupt homes NEVER saw the market, but instead the bankers held onto them for years, and could do this due to YOUR BAILING THEM OUT.
Those homes should have been sold in major markets from 10 to 30 thousand dollars, which of course would have made an economic upturn, but Obama did not desire that, and of course these real estate moguls who are buys outpricing Americans out of home and land ownership in making the gulag occupants in Mexican America, are what are behind this.
Goodness they are selling Iowa farm land for over 30,000 dollars an acre. There is now way in hell that land can ever pay in that kind of speculation even at 200 bushels an acre at 8 dollars a bushel that is only 1600 dollars in net profits.
At 3 percent interest on that 30 thousand that is 900 dollars a year, couple that with high fuel, Monsanto frankenfood crops with machinery purchases, and at best a person might clear 500 dollars, which means to would take 60 years IF EVERYTHING WENT PERFECT TO PAY off that land.
That same racket is what took place all through America in house prices were spiked to gouge Americans, and instead of bankrupt homes plunging, they were confiscated and the Americans were left holding that debt and now are being screwed over again, except in Detroit as who in the hell wants that pig in a poke.
It is the reality of this as only has been focused on here, in Americans have been inflation screwed over in all of this from Obama stealth price increases in energy, electricity and excise taxes....YES IT IS THE THREE E's of this Marxist regime to cripple Americans and if you add REAL ESTATE it is the 4th E for the doom of America.
America is in the SUPER OBAMA DEPRESSION part 1 and by all of this rigged markets on Wall Street and this driving Americans from their homes, SOD 2 is in the process of wiping out Americans.
This is so damn larcenous criminal, it is disgusting. Americans have been robbed and looted, and left holding the debt for their own robbery, and now this cult of economic rapine are staging a part two in this.
It really bites it for the poor, but for the rich who think they are immune to this, their day is coming, and I personally will be pleased when all of these non donating rich people end up in the gutters as I have had it with being polite to people who could give a damn in my suffering and just come here thinking this is all entertainment they are too damn dense to figure out.
I got things to do before I can sleep and it is dark out.....batteries low in the torch......fricking eh.
agtG
