USA 2020 Elections: Thread
zen at freedbms.net
Sun Oct 25 16:58:39 PDT 2020
On Sun, Oct 25, 2020 at 08:06:31AM -0400, grarpamp wrote:
> > And how did these toxic assets come to exist?
> One version...
> Disregarding whether or not banks printed 0's to buy
> house from original seller via subprime buyer, subs
> then pay in pile of equity fees etc, cant pay, get foreclosed,
> bank outbids hopeful individual local homeowners and
> pays itself via court to buy from foreclosure auction,
> bank flips to market at retail or to 1%'ers in REO deals,
> everyone involved donates to Democrats campaigns who
> created the Socialist sub loan programs a cut of the profits.
> Many places passed law regs post 2008 surge to bundle the
> [tax] lots thus locking out hopefuls from ever getting a single.
> CDO's, bundling, remarketing, etc are another set
> of scams upon different entities, bond buyers, etc.
> Meanwhile China buyers, country CB's, other banks
> keep pumping prices and financing rental buildout
> instead of freehold.
> Welcome to slavery.
> There are youtubes wikis and boards on the schemes,
> before they censor and purge those too.
All made possible by fake fiat.
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