My question to peter schiff wall st unspun 7-28-10
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- Views: 1
- Author: peppegg
What STOPS the government/bernanke from offering extremely low maybe even 0% mortgage rates like car loans in the near term future when housing prices resume declining? The program would could be dubbed "Housing for America". I know it wouldn't be good and cause negative inflationary consequences, but the government/bernanke doesn't care about good anyways. This would raise people's nominal real estate collateral which would open up the home ATM again that's what they really want, regardless of the dollar, Gold and the fake CPI. From there view "There's nothing to loose because it's just a matter of printing!". Again, What would stop them??
A US Loan May Help You Qualify For A House.
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- Author: Coralee455734
One of the side effects of the subprime mortgage cycle we just went through is that many very solid loan programs went unnoticed and unused because there were "easier" options out there. Now with the disappearance of said subprime loans these "old faithful" loan programs are coming back. One of the best ones to resurface in recent weeks is the US Rural Development Loan. The US loan was designed to entice home buyers to move into rural, undeveloped areas to buy a new home. They created a government backed loan (meaning the bank is not taking the risk) that is truly zero down and does not have private mortgage insurance (PMI) on it. The rates are very comparable to FHA or conventional rates (6.5%) at the time I am writing this. You will be able to afford about $30000 more in house for the same payment simply due to the fact that there is no PMI. Did you catch the part of about zero down; it is not a typo this loan requires zero down to get into it. So you may be saying it is too good to be true, and asking what is the catch. Well I would be lying if I said that you were wrong about that. But the catches really aren't that bad. There is an income limit to how much you can make to get a loan like this. It will depend on the size of your family and if you pay child support or not, but for example a family of four in King County is capped at $88400 so it is not too restrictive. The biggest restriction is you have to purchase in areas that the US classifies as rural. Now I know ...
Gerald Celente - Taxpayer Fleeced for Unwinable Afgan War. july 21st 2010
- Length: 4:50
- Views: 585
- Author: wakeup2nwo
Gerald Celente on Dr. Bill Deagle Nutrimedical report 20 July 2010 Trends Journal: www.trendsresearch.com Twitter: twitter.com Alex jones An article in the Washington Times has claimed "Celente's accurate forecasts include the 1987 stock market crash, the collapse of the Soviet Union in 1991, the 1997 Asian currency crash" and "the 2007 subprime mortgage scandal." His forecasts since 1993 have included predictions about terrorism, economic collapses and war. More recent forecasts involve fascism in the United States, food riots and tax revolts. Celente has long predicted global anti-Americanism, a failing economy and immigration woes in the US[13] In December 2007 Celente wrote, "Failing banks, busted brokerages, toppled corporate giants, bankrupt cities, states in default, foreign creditors cashing out of US securities ... whatever the spark, the stage is set for panic in the streets" and "Just as the Twin Towers collapsed from the top down, so too will the US economy ... when the giant firms fall, theyll crush the man on the street." He has also predicted tax revolts. In November 2008 Celente appeared on Fox Business Network and predicted economic depression, tax rebellions and food riots in the United States by 2012. Celente also predicted an "economic 9/11" and a "panic of 2008." In 2009 Celente predicted turmoil which he described as "Obamageddon" and he was a popular guest on conservative cable-TV shows such as Fox News Sunday and Glenn Beck's television program. In ...
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