Short sales are great insite into the banking industry game.  For a few thousand dollars they will come in and buy the house for less then you owe the bank.  How can this be possible.  Why would the bank do such a thing.  Because they never put any real money out in the first place.  What really sucks is the mortgage insurance companies.  They take premium money from home buyers and run a game that is even filthier than the moneylenders.  They got bailed out by the government but how can you explain all the failed banks.  Because the mortgage insurance companies spent all the premium money and the bailout money on their own fat lazy asses.  I guess the constitution guaranteed seperation of church and state but not state and criminal behaviour.

Quote from: sparks on August 13, 2010, 02:00:43 AM
      Short sales are great insite into the banking industry game.  For a few thousand dollars they will come in and buy the house for less then you owe the bank.  Why would the bank do such a thing.  Because they never put any real money out in the first place.

The bottom line should be:  Usury is making money with money by charging interest.
NOTICE:
http://www.hsh.com/calc-amort.html

A $150,000 on a fixed rate, 4%, 30 year mortgage loan has $257,766 in payments for an average of $716/mo.

For a refinance loan, 3% at 50 years, the average payment is $483/mo for $289,800 total payments.
(All this doesn't include balloon payments as closing fees.)

My point is:  Any house isn't worth that much more than the purchase price to me.  No wonder people walk away from an "underwater" house and mail the keys back to the bank.  This is usury and is just plain greed.

Greed first, and the increasingly common collapse of the family unit---nontraditional same sex marriages being equally valid to me in cultural terms, and aren't included; they're fine as long as they endure individually---plus political game-playing dirty tricks, as well as two wars overseas that should be impossible to win militarily, will have a devastating effect on the economy eventually.  The original focus is money, or lack thereof, in all the above.

The whole scenario is unsustainable.

Otherwise, sparks has hit the bull's eye with the rest of his quoted post.  Corporate greed in the housing industry and all other financial fields is torturing the country's economy.

--Lee

most people seem to be overlooking,
a very basic aspect,
of the financial system.



paper based money,
is an illusion.

computer data based money,
is an even thinner illusion.

ownership of "material objects",
might as well be an illusion.



there for,
a system based upon the above,
is a system based on illusions.

if you consider illusions to be lies,
like i do,
than that makes the economic system,
a system based on lies.



the loss of our quality of life,
which in one way or another,
is MOSTLY caused by our economic system,
is real.

the pain,
misery,
suffering,
and worry,
that people feel,
because of the economic system,
are also real.

why should
blood,
sweat,
and tears,
be less important,
than a lie



the time and effort that go into a full time job,
were real.
yet the reward for tolerating the job and its many strains,
is not real.

aggravated by the fact,
that after all factors are considered,
most of the time and effort put into the average job,
are wasted.

i estimate that the wasted time/effort,
is greater than 90%.

which means the employee's are burning their lives out,
for what amounts to nothing.



this is not a problem of "money".
this is not caused by a real thing.

this is a problem of "illusion".
of people believing in a lie.



if enough people stop believing in the lie,
and start believing in real things,
than the illusion of money,
will disintegrate into less than photons.

people would still have to prevent the elites from killing them,
with denial of food and shelter.
(legal genocide).



but unlike money,
food and shelter based genocide,
actually is a real problem.
that has real answers.

where illusions cannot be solved,
as they would have to exist,
in order to be solvable.



you cannot shoot a holographic bear.

you cannot date a holographic model.

you cannot borrow $20 from a holographic friend.

and you cannot fix the problems,
of a holographic economic system.



which means until either:

1:
we have a roman empire style infrastructure disintegration,
to FORCE people to no longer feed the lie,
or

2:
the illusion-maintainers are neutralized,
preferably by tying them up,
putting them onto an airplane,
and throwing them out into the middle of the pacific ocean,
or

3:
enough people stop believing in illusions..........



our current miseries will NOT go away.
no matter how many decades pass.



you can live in a shack in the forest.

you can eat wild plants,
with your sense of taste,
being an excellent indicator of toxicity.

(most plant leaves have carbohydrates in them,
other than the unusable cellulose).

you can keep yourself warm enough to live,
with little more than thick layers of clothing,
separation from direct wind/water,
and your own body heat.



it is not hard to live like a cave man.

they greatly over-exaggerate the difficulty.

the only truly hard parts,
are the parts that the elites purposely created.

such as their vicious anti-homeless laws.

or the proliferation of privately "owned" land,
which as it is implemented,
is needlessly damaging,
to our ability to live independantly,
from the control system.



if it were a quarter as hard to survive,
as they have tricked everyone into believing,
than mankind would have gone extinct thousands of years ago,
due to the difficulty.



i ask every one of you, to stop believing in money.

you cannot force other people to disbelieve the hologram.

but you have all the control in the world,
over your own belief in the hologram.



survive in whatever way,
you think you have to survive in.

but don't believe in the lie any longer.
so that you can have real proudness,
that you are not be contributing to it.

 And one day we will be throwing our money in streets.....

The Goverment is done let me explain why
first you cant claim eminint domain
in a lake if alligators the people are the alligators
next we have a president whos a hollogram
2 the nasa the nukes the weapons are all infiltrated by
russia and actualy controlled against the president
if he cuts funding because he has no weapons
of his own.
3 the technology has passed the goverment
  By far its not in the hands of them
  But in the hands of people with more money
Example one casino in vegas has a bigger budget
then the nasa program and also more technology
they can control the entire casino
with frequency of harmonics and brain wave pulse
at the same as optic nerve to release seritonin
this is widly used it was developed in
airforce the same program timothy
mcvague was in also my grandmother Geneva
which led to the Geneva treaties against
mental testing of prisioners of war but there
is no Law against domestic use Grandpa
never thought they would become corrupt
and use it in security devices at wallmart
airports on ellite goimg to stock markets
this is just the tip of the ice berg
the rich fly private they have phone not on the
frequency of the rest and so you see
but this is key go thru scanners fast
dont dont linger by check outs magnetic
if your ear gets hot on phone end the call
use speaker phone and text
cover your camera when not in use
yes they can have pictures of anything
the fiber optic grid now has eyes on ever street
to see when its cloudy all this is paid for by us
the people why do we allow it?
First day im president those scanners are getting
ripped out by people and they will pay people to be nice
and help those in need. 
tsa is getting ended
the experation date on food will be moved
up one week the extra food will be
cooked by volunteers in buffet
so there will be no starving people and need for
food stamps if your hungry go eat
if you dont like a line then you wont go
theres many vacant building expecialy
down town that can easily serve as
places for the homeless and showers
with relativly little work
and tell me why the fire men sit all day
when theres always something to do
i see the homeless sit out here
get heat stroke and call ambulance to have a cool
place to sleep and food for a night
they never going to pay these guys call some once a week
the officers a jail arrest people for nothing
just to keep them full and seriously
this goverment is so far gone there is no hope
unless someone like me or jesse ventura cleans house the whole thing
and it start with getting all goverment
military contractors out and a couple good scientist
like mythbusters and a few others with my string theory
and develop the next generation of weapons
they can be done in like two weeks using
black hole technology and antigravity
change the power to free energy
which im very close im putting a bunch on
utube today