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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (175603)1/7/2009 11:55:20 AM
From: Patricia TrincheroRead Replies (2) | Respond to of 306849
 
For years I have been saying that the wealthy are all ticked off that so many of us have become millionaires due to real estate investments.

They finally figured out how to get that money out of our bank accounts and into their pockets............afterall, we'd all be living in caves if it wasn't for crooks like them!

Which leads me to another issue.................recently I have been reading newspapers from the 1920's and 1930's. we bought up a bunch of them from our local historical society who is closing the museum. There is virtually no national news in the papers...............the biggest news was who had an operation, who fell off their bike or who went to camp for 3 days. They even gave updates on the condition of locals that were in the hospital!!!!!!

I am thinking that all of these ponzi schemes,etc went on for years and no one knew about them due to the lack of communication.

The internet has done allot towards uncovering the real deals behind the scenes. I'll bet that history is littered with crooked schemes that were never uncovered before.

Most of our Presidents were probably never elected..............the rich and powerful chose the winner and just announced it after putting on a show that appeared like an election.........who would know?

Today we are uncovering these things with the communication era and giving the oligarchy migraines!

This bail out is just another scheme and they are running out of good ideas by which to spin it.

Just My Not So Humble Opinion