0 votes

deleted

.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

This Ain't News

Not news at all. The Fed has been refinancing everyone since day one. They just have been used by third parties or have been using third parties.

http://www.commonliberties.com

Buying a second house - playing the inflation.

I'm thinking of buying a second house. Mortgate rates down. My credit is good, I can shake out the couch for enough change for a down on a second house I can rent out for slightly more than the cost of the monthly mortgage. If I get a 30 year fixed, with these low rates, and assuming that inflation will insure that in 10 years (provided the economy doesn't actually implode like we think it will) I will have obtained a nifty asset on the cheap that should increase in dollars (maybe not value) with inflation.

Contrary to popular belief, you can still get loans provided your credit and down payment are good (mine is 20%) and that the loan you are asking for will have an affordable monthly payment according to your income. It seems to me the banks are just not lending to losers with zero down and bad credit.

I compare this to when my parents bought a nice house in the 70's at $17,000. Today even after all the market kaos is still $300,000. All paid off and assets to show for it.

Is this a good idea?

You might get the loan.

Doubt if anyone will get a 30 year fixed rate at 0% or 0.25%.

Is there an agenda in this madness?

Is it possible they are encouraging people to take risky loans at almost 0% and then they will raise the rate down the road, manipulating foreclosures, so that the FED now owns the property or factory or business.

Is this part of the socialist agenda, where government eventually owns everything ?

Sounds like they are trying to start a civil war...

between those that borrow, and those that don't borrow, but will still have to pay for those borrowing. Anything to take the attention off of the real culprits. They've already paid off Wall Street. Now they want to try to pay off Main Street. What happens if people continue to not want to go into debt? Will they force us to take their worthless money?

Fed goes Retail ....inquiring minds need to know

After working in wealth management for a major bank I have been watching all of the stealing in our country going on....Now the Feds went Retail and are mass producing monopoly money..., eh? Just another bad decision on our Governments side at least they are constant with bad ideas.

What is your opinion on the (all) banks closing their doors temporarly after the inaugration, just like in our past history? How far are we in the race to the bottom? Does anyone have any vaild information? I am waiting for www.hsdent.com to produce his book in january "The Next Great Depression".

to the deflationistas.....

to the deflationistas..... your goose is cooked! money will find its way to an inflationary spiral one way or the other! so much for "deflation" lol

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Bail Me Out!!

Heck, since the Fed's are printing money and practically giving it away, why don't they just give it to "all of us" and let us pay our bills and get out of debt. Then everyone can start at "zero"??? Yeah, that's the ticket (LOL)

Oh, maybe if we got rid of the IRS and Fed, there WOULD be enough money for "all of us" --- And I bet we would all spend it accordingly, wouldn't we?

Just my two cents..

13 minute membership here...

13 minute membership here... what other name(s) do you go by?

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

meekandmild's picture

I'll take a bailout

for my student loans

meekandmild's picture

The Great Depression II is here.

Isn't this similar to what happened in 1929?

Republicae's picture

NO....it's not

NO....it's not similiar.

http://www.1776solution.blogspot.com

"The principle for which we contend is bound to reassert itself, though it may be at another time and in another form." ~Jefferson Davis

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

the "youngins" just don't

the "youngins" just don't get it!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Gee, That's Swell!

Awful damn nice of them.

________________________________________________
"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

_____________________________
"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

How long until something like this?

Now from the Federal Reserve: 50 FRNs for your firearms!

http://federalfallacy.com

Man, I wish

I knew what the hell is going on. One minute I think I get it the next I have to start over. Thanks, for posting.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Fed's Salem Francis Xavier Marion [Bank Bomb] Response...

Just the Fed Speaking 'Thors Twin Two Shoe Trees to Bag a Dad'

Put Differently, the Fed's Hunt for Red October Response to:

Letter to District Attorney Mr. Beglau, Re: Code of Ethics: Notification of ‘existence of evidence, known to the prosecutor or other government lawyer, that tends to negate the guilt of the accused, mitigate the degree of the [bank bomb] offense..’ of Friday, 13th West Coast Bank, Woodburn.... namely 'Terrorism' viz a viz Overpopulation Colliding with Scarce Resources; including Psychotronic Occult ‘Coincidence’, ‘Synchronicity’ or ‘Conspiracy’ Military Intelligence Psychotronic Occult Information.

http://sqswans-prh.blogspot.com/2008/12/oregonvjaturnidge.html

______
"Luther was a profoundly spiritual thinker who was driven to revolt by worldly and incompetent Popes." + "Roses are red. Violets are blue. I'm schizophrenic and so am I" = Practicing Radical Hon(our)sty ColtLaw...

__________________________________________________________
CommonSism: Common Sense Guerrylla Laws 4 a Sustainable Commons

Gee Whiz! I can hardly wait!

Now we can go directly into debt with the masters of the FED without those pesky 'little' banks getting in the way! I'd imagine the profit margin for the FED will be fantastic!

Heavens!

Might this be the death knell for the banking sector (i.e., non-Fed)?

Eeeeeek!

++
From Across the Pond, with best wishes

So Basically....

We would be loaning money from ourselves.........????

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

Perhaps we should all get a

Perhaps we should all get a really big loan from the FED and use it to buy precious metals.

Only the acceptance of the truth can defeat systemic evil.
-----
http://www.statenullification.com

...

They would probably bitch about giving us a loan to buy gold. They would probably say its "too risky"... Then I would say, didnt we loan you money? And didnt you make risky investments with it??

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

Niiiiice

That sounds like an AWSOME Idea!!!

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

"I predict future happiness for Americans if they
can prevent the government from wasting the
labors of the people under the pretense of taking care of them."
(Thomas Jefferson)

Republicae's picture

Nothing like pure

Nothing like pure quantitative easing....

Believe me folks, this mess is much larger than is being publicized, the steps that are being taken are an attempt to hide the devil in the details.

http://www.1776solution.blogspot.com

"The principle for which we contend is bound to reassert itself, though it may be at another time and in another form." ~Jefferson Davis

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

wolfe's picture

Your are 100% correct...

This move is similar to when the dropped the gold standard, or subsequently unpegged the dollar from gold. It is a panic driven decision to try and keep the ponzi scheme alive just a little while longer.

It can't be maintained. The only thing that they can do following that is live up to Ron Paul's jokes about the fed throwing money from helicopters or personally delivering cash to mail boxes. lol....

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/

Republicae's picture

This mess will scrape both

This mess will scrape both flesh and sinew from the body of this country.

http://www.1776solution.blogspot.com

"The principle for which we contend is bound to reassert itself, though it may be at another time and in another form." ~Jefferson Davis

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

That is important

Will I need to sign for the loan in blood and is my first born the down payment?

http://killfiat.blogspot.com/