This economic meltdown is no accident folks

[Cap-Z-ro]

"GERMAN FINANCE MINISTER STEINBRUCK INADVERTENTLY LETS THE CAT OUT OF THE BAG"

"The United States is bankrupt and is essentially in the hands of its creditors"

the financial crisis is not attributable to the widely ballyhooed Subprime Mortgages, but...

"HOLDERS OF HIGHEST U.S. OFFICES ARE SPECIFICALLY RESPONSIBLE FOR THIS CRISIS"

More here..

http://www.worldreports.org/news/177_german_finance_minister_confirms_settlement_cash

[christo4_99]

i can hear people thinking,"it's a good time to buy or maybe we should wait til it drops a little lower"...wealth holders will buy debt at rock bottom price because of the debt holders need to "liquidate"...the loophole is that these institutions are ficticous allowing the money to be taken out of the system in one name and reinserted in another...one man's crisis is another man's advantage...the problem with the u.s. economy is that  mortgages were struck at above average market value,insured at above average market value...and the consumers are living on a shoestring budget,gas prices and insurance hikes caused this recession...everyone is operating on credit...and they spend more than what they make...if you are a lender and nobody can pay you back you can jack up the charges all you want and play hardball but you can't get money that's not there no matter how hard you squeeze...so the real problem is greed...if you don't give the slaves food and a place to live then the whole system breaks down...so housing,energy and food prices are the problems...peoples basic needs are not being met because someone projected their profits based on money that's not there and then spent it all...so if they are broke everyone's broke...that's just the way it is...

[triffid]

I found someone in hawaii who built a $500.00 house made out of found materials,like old wine bottles and reused windsurf boards come together with telephone poles(they will burn like crazy if they ever catch on fire),discarded solar water heaters,metal stairs from a century old sugar cane mill,and even a fish smoking box in the kitchen.the magazine's favorite detail? The elevated flatbed of a pickup,transformed into a place for a good night's sleep!!!I am looking at the pictures and I am jealous!!!Get creative people,go to the libraries for ideas!Triffid

[triffid]

The house is small with a loft and was built on her dad's property.
I knew i was headed for trouble when I bought my first house in 1992 and the bank was able to turn a $35,000 house into a $105,000 debt.But I signed anyway like most other zombies.Triffid

[triffid]

That $500 house I was talking about is on page 80 of the nov.,2008 issue of "DWELL".triffid