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


To: yard_man who wrote (252361)6/6/2010 10:51:03 PM
From: RetiredNowRead Replies (1) | Respond to of 306849
 
Oh no? Ask every person over the age of 67 how much money they get from Medicare, Medicaid, and Social Security. Hell, just go to the gov't website and you'll see it for yourself.



To: yard_man who wrote (252361)6/6/2010 11:34:27 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
hey guys, don't fight amongst ourselves.

the elites set up the system - they need to be put under the microscope.

some boomers are doing real well - but others likely will get completely *ssed out.

the debt pushers are the criminals - and they own government and control bubbles and busts via their no federal no reserves mole.

the game goes like this...

taxes paid, tax payer money ripped off by special interests, special interests create money from nothing and then governments use that money to pay for services - but now we have to pay interest on the debt.

you wanna know where this is going?

try 10% interest rates on $14 trillion in debt (right now, over $17 trillion in two years and that excludes the trillions on the fed balance sheet that will be dumped onto the people and the trillions in fannie and freddie losses - so we are likely looking at $20 trillion in 2-3 years).

our tax revenues are less than $2 trillion - so what happens when interest payments go to $1.4 trillion?

BOOM! BOOM! BOOM!

no medicare, no social security, no health care, minimal government services, bankers take real state owned assets and then start to charge tolls to the people who paid taxes to build said infrastructure.

wanna go to work? that's $5 to the road owning bankers - each way.

rawstory.com

welcome to neofeudalism if americans don't get off their psychological drug induced mental coma and stand for something other their favorite american idol contestant.