Forum Post: property grab by the 1%
Posted 3 years ago on July 12, 2020, 8:53 a.m. EST by agkaiser
(2516)
from Fredericksburg, TX
This content is user submitted and not an official statement
Republican's are capitalizing on Covid 19 unemployment to facilitate a property grab by the 1%, who own them body and soul. By refusing to extend unemployment benefits and denying other relief at every opportunity while insuring that private equity has plenty of access to FED funds at low to virtually no interest, which is used to buy up the world including foreclosed homes and businesses, conservatives of both parties show their corporatist colors. And half of Americans are foolish enough to vote for and support their own debt bondage, realized with money created on the books in our name.
It's time to recognize that Capitalism is a failed economic system for most of us. It's just the latest continuation of the evil of parasitic rulers, who've infected the human race since the beginning of settled communities and civilization. Priests and kings, tyrants, emperors and feudal lords are the progenitors of the billionaires and Wall St Oligarchs who enslave us with debt today. Republicans and conservative Democrats are their slavish ministers. They run the government that's supposed to be "of, by and for the people," for the benefit of a ruling class of financial vampires. This betrayal is the reason for the failure of the so called "Free Enterprise" system.
From the headlines at Democracy Now July 10, 2020
"In economic news, another 1.3 million people have filed for unemployment aid, bringing the total to 48 million over the past 16 weeks. This comes as Republican lawmakers are refusing to extend a program that has given unemployed workers an extra $600 in weekly jobless benefits. The program ends later this month, and housing advocates fear it could lead to a surge in evictions. The COVID-19 Eviction Defense Project has estimated 20 million renters are at risk of eviction by the end of September."
And low income renters won't be the only victims of the parasitic disease of capitalism. Many of their landlords and other small business people will lose their properties and enterprises as the Wall St. Oligarchs grow their monstrous empire beyond our ability to survive it.
Exactly, many valuable small businesses were driven out of business by the largely Jewish ( of course, by no means they're exclusively Jews ) bankers who helped the raiders with much "created-out-of-thin-air" credit. China caught on to this very same ancestrally Jewish trick and embarked on its economic world conquest.
People could have seen this very well after the 2007-2009 crash. China didn't experience much economic contraction; just ask Australia which sold much of its coal and iron ores to China to build even more ghost cities in which the owners can't afford to live but they must keep their wealth in far-out real estate because they can only bank with the State-Owned Banks which offered extremely low interest rates and pumped up inflation to high levels to finance CCP-sanctioned takeovers, both domestic and overseas.
The preponderance of Jews in finance was due to BOTH Christianity and Islam prohibiting the collection of interests but Judaism allowing it. Human greed in Medieval times drove wealthy Christians and Muslims to bank with Jewish bankers in a "marriage of convenience" while Jews conquered the world with "thin air"--credit and its resulting fucking bastard, debt, and its trap which led to wars and deaths.
Everyone who deposits money in a bank and who borrows loans from a bank participates in this "getting something for nothing" scheme and sticking it to the ones without a chair to sit in when the music stops ( i.e. those who get stuck with insolvency.) No business which has access to infinite credit lines has ever failed ( of course, no such credit lines exist so everyone who is an actual business failure pretends to have access to such credit, usually by suppressing negative information about their businesses and themselves.)
Don't we know some so-called "billionaires" whose tax returns probably held negative information had seemingly never finished being "audited?" Yeah, the IRS must have worked slower than a tree sloth. It's the one animal which still hasn't been drowned, due to its extremely low metabolic rate after the GOOP had already dunked "the baby" made small enough to be drowned in a bathtub full of CoViD-19 fungus/mushroom/lily-flower sour-and-spicy soup.
Oh, I forgot to mention the clowns who believe they own their own homes. They may see what's happening to them at foreclosure time.
Correct. Somehow, even if you own 80% of your home's value, if you can't pay your mortgage for a few months they just take the whole house away from you in foreclosure. You lose all your equity! Is this just? Is it fair? No. It is like everything else in this country, it benefits the powerful, the banks and the banks only.
You don't own your house until you own it 100% mortgage free and until you are sure you can pay the ever increasing property tax into infinity. If not, you are always at risk of losing your home.
And those foreclosed properties will be grabbed up by private equity whose purchases are "leveraged" by money created in our name by the FED/Treasury and loaned at low to no interest.