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How Alan Greenspan Destroyed America

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Postby greeney2 » Sat Feb 08, 2014 11:49 am

Again you are just full of crap, and the housing market was not a plot against you. You seem to act like you are targeted somehow. If you could not qualify to buy a home, it was only because you were trying to buy with no money down, had a weak income, and were a bad credit risk. Sorry but it is people like you who try to beat the system,and were the ones that ended up upside down on loans, and when things got hard, just went into foreclosure. fORCLOSURES IS WHAT BRINGS REAL ESTATE DOWN, due to those who get extended into debt, max out credit cards, and go into bankruptcy. THAT IS WHY THEY PASSED THESE LAWS.

That was a good law that protected people that bought homes to live in, not for speculation to buy for no down, assume a loan, and spin the property into a quick profit, and just cause inflation that blocks normal people from buying homes. They are the ones who abused these assumable loans, made quick profits, and ran, leaving the bulk of the public who scrap for a new home unable to buy. Secondly is the ones who come from foreign countries, with all kinds of money to overpay in areas, or just bulldoze homes and rebuild them, they come in with so much money. The USA should not allow non-citizens to buy and sell real estate, until they are legal residents, and become american citizens. They overbuild in places where people start commuting long distances to work, they car pool spending 2-3 hrs a day on the road, to find affordable housing. When the jobs dry up, those places are first to empty out, and have 25-50% vacancies, which drives all the prices down.

Last, supply and demand regulates the value of real estate, if there are jobs, or no jobs, the cost of housing goes up or down. As supply gets shorter, people buy further out of main cities, like los Angeles, people bought cheap in Palmdale, and there is a great example of the demand dropping, jobs go away, neighborhoods end up half empty.
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Postby katsung47 » Tue Feb 18, 2014 1:45 pm

740. Seize the house and frame a case (10/10/2012)

About two decades ago, I was impressed by a news story. It was about how a black family losing their house. The family had a dispute with the government on some fee. The government seized their house and auctioned it in a very low price only about a fraction of the house value ( I forgot the detail. say, if the worth of the house was 150 K, the buyer got it for 15 k.) The buyer was an attorney worked for the government.

Of course the news story was not for that black family but for that attorney who bought the house. It said he was harassed by perpetration such like the windows was broken by stones from time to time. It hinted that was a revenge from the black family who lost their house.

What I learned from this story was that government squeezes people by their law system and the beneficiaries were government officials. Later I found the Feds actively murder the people and loot their wealth. Several times I found the homeowner Association deliberately delayed to mail the yearly service fee bill to us. One year I even didn’t receive the bill until it was overdue. I thought it was attempt to take over the house.

The yearly property tax is due on November 1st. Usually the bill is received in September or earlier so we have a plenty of time to mail the check. This time, until October 4th I didn’t receive the property tax bill. I asked my wife if she had taken it. She said no. Obviously the Feds have held the letter. They plan a framed case in later October and hope to seize the house if we miss the chance to pay the property tax.

On Sunday (10/7) I found the tax bill letter in my mail box. Someone put that letter there on Saturday night. I think it was my question to my wife rattled the Feds. They released the letter on Saturday night. But the attempt to seize the house doesn’t change. My wife refused to write check. It is unusual. She must have been threatened by the Feds. They certainly have planned a big case in later October.

My mother, my sisters and brother and their families, are arranged for a trip to Hawaii in the end of October. That’s not a coincidence. It is not an appropriate time for a vacation in Hawaii. But it's the time just before November 1st- the due date of property tax. It fits their plot to seize the property in the name of owing a debt when the victims are under arrest in a framed case or being eliminated in a travel incident.
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Postby katsung47 » Fri Feb 28, 2014 6:05 pm

741. Why the gas price jump high (10/15/2012)

On Oct 10, I revealed that the Feds have arranged a Hawaii trip for my family members. That’s a tactic they used to use when they planned a framed case. That night, my wife said she would take a tour to Thailand between Oct.19 to Oct. 25. It was a swift response to my revelation. They are showing off their power that they can order a trip any time they want on anybody.

To coordinate this October framed case, you also saw an unusual sudden rising price of gasoline in California, especially in Bay Area. A gas station owner complained that the gas price going up $1.00 just in five days.

California Refiners Ration Gasoline as Prices Near Record
By Lynn Doan – Friday, Oct 5, 2012

“We’re really sort of shell-shocked,” said Tom Robinson, president of Santa Clara, California-based Robinson Oil Corp., which operates 34 Rotten Robbie convenience stores. “If you’ve been in California long enough, you know how volatile our market can be. But to see prices go up $1 a gallon since Monday -- I’ve never seen that before.”

http://www.firstenercastfinancial.com/n ... ear-record


Calif. gas prices equal all-time high
By GILLIAN FLACCUS | Associated Press, 10/6/2012

LOS ANGELES (AP) — Saturday's price, the highest in the nation, equaled the record average high for California set in June 2008 of $4.61.

http://news.yahoo.com/calif-gas-prices- ... 15507.html


Be noticed that the sudden rising gas price started in first days of October. It matches well to the Feds October plot. Why? Because the Feds have collected so many real estate properties in my case in two decades. They want to keep the price good once they finish the case and pass these houses to the ordinary people. The houses mainly are located in San Francisco and San Jose where my family members and I live. The Feds managed to keep the price high there.

But the economy is actually still weak despite the lavish praise of the media. The housing market in nearby area is still low. The average price of house in Sacramento and Stockton is about half to the Bay Area. These cities are about one to two hour drive to San Francisco. To prevent the potential buyer to buy house there, the Feds pushed up the gas price.
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Postby katsung47 » Wed Mar 12, 2014 11:12 am

742. Help Obama to win the second term (10/24/2012)

The recent Gallup poll shows that Mitt Romney leads over President Barack Obama in president Campaign. That’s just a gimmick to cheat people. The election result is pre-decided. Obama will stay for his second term. It doesn’t relate to any politics. It is for a case of the Feds. They need Obama’s Health Reform that they forced Chief Justice Roberts to change his mind in June to pass the “Health Reform”. (see “ 726. The surprise turnaround of Chief Justice (7/4/2012)”)

To keep Obama to stay in his seat, they have to create an economic background that favors him. Two months before voting date, in early September, we saw European bank chief Draghi said the bank would buy the bond with no limit. How could this affect US president election?

Draghi helps out Obama campaign

By Robin Harding in Washington September 6, 2012


Barack Obama’s chances of re-election as US president rose on Thursday and the words that did it were not his but Mario Draghi’s.

Long before Mr Obama stood up to accept the Democratic nomination in Charlotte, North Carolina, the head of the European Central Bank had sketched out a new plan to buy the bonds of troubled eurozone countries.


That will not move the polls; it will not move a single vote. But Mr Draghi has lowered the gravest of risks to Mr Obama: a pre-election meltdown in the eurozone that would have blown up banks, pulverised Wall Street, and routed a fragile US economy back into recession.

If that happened, it would not be Mr Obama’s fault, but he would get the blame. Just as the failure of Lehman Brothers doomed his rival John McCain in 2008, a eurozone implosion would create economic odds too great for Mr Obama to surmount.

http://www.ft.com/intl/cms/s/0/bc1cf132 ... z261Uy9nmA


Within days, Federal Reserve Chief Bernanke pushed out another QE which would push up economy temporarily but hurt it in long term with inflation. The Republicans felt it immediately. The timing of issuing QE3 is not a coincidence. It helps Obama.

Fed risks political fallout from QE3

By Robin Harding and James Politi in Washington September 14, 2012

Mitt Romney, the Republican candidate, duly opened fire on Friday after the Fed began an open-ended third round of quantitative easing (QE3), under which it will buy $40bn of mortgage-backed securities a month.

http://www.ft.com/intl/cms/s/0/b7de9070 ... z26Vualgix


QE3 will create another housing bubble.

Marc Faber: Fed's QE forever is ludicrous; no country has become rich from consumption

Source: BI-ME , Author: Constantine Gardner Fri September 14, 2012

"Asset prices will go up and the money will flow to the Mayfair Economy," he said, defining the latter as an "economy of the rich people whose assets prices go up and whose net worth increases" without any trickle down benefit to the real economy.

What you have is a small economy that is booming and the majority of the economy is being damaged by QE, Faber explains.

Faber sees the Fed's monetary policies over the last 15 years as mainly responsible for the various asset bubbles (Nasdaq, real estate etc...) leading to the subprime crisis in 2007. "The money printers and the neo-Keynesians interventionists are responsible for the crisis, reckons Faber, and people should know this."

Dr Bernanke's attempt to boost growth and reduce unemployment will end up, according to Dr. Faber, in a fiscal Grand Canyon with never ending deficits, the majority of the economy being damaged, the man in the street facing higher prices and losing his job.

http://www.bi-me.com/main.php?id=59324& ... cg=4&mset=


Faber sees the Fed's monetary policies over the last 15 years as mainly responsible for the various asset bubbles (Nasdaq, real estate etc...), the Nasdaq bubble is the dot.com bubble, I talked about these two bubbles from #733 to #739. And the Federal Reserve now continues to create the third one. At the purpose to help the Feds to remove the hot potatoes in their hands to the ordinary people.
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Postby katsung47 » Sat Mar 22, 2014 2:59 pm

743. Create a hoax of a better off economy (10/29/2012)

Three months before the voting date, the unemployment rate was still high that it made the re-election unlikely for Obama.

What Does an 8.3 Percent Unemployment Rate Mean for the Election?

By: Jon King | August 5, 2012

Many pundits (including this one) have made the point that if the unemployment rate is at 8% or higher that the president will have an uphill battle to win the election.

The reason why 8% is such a hurdle is that no modern president has ever won re-election when unemployment was over 8%. Actually, if one wants to take an even more skeptical view, they could say that no president since Roosevelt has won re-election with unemployment over 7.2%.

http://newstalkkgvo.com/what-does-8-3-u ... -election/


It’s hard to convince people the unemployment rate would drop below 7.2% in two months from 8.3%. But they still could manage to get a figure of 7.8% in order to make Obama’s re-election more reasonable.

Fact Check: Labor Secretary Solis Misleads on Jobs Revisions

by Joel B. Pollak 5 Oct 2012

Suspicion about the federal government's September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC this morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming--falsely--that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upwards revisions to state and federal government payrolls.

The BLS reported that while only 114,000 jobs were created in September--which would have translated into a rise in unemployment from 8.1% to 8.2%--the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.

One reason for the rise was an upward revision of 86,000 to the July and August jobs numbers--all of which came from a 91,000 increase in the estimate of public sector jobs. Private sector job estimates were actually revised downward by 5,000.

In addition, the BLS reported a large rise in the number of part-time jobs, adding 600,000 jobs to the total--a dramatic increase of 7.5%, not explained by any other economic indicators--and raising questions about whether the government had changed the way it counted part-time workers.

http://www.breitbart.com/Big-Government ... Questioned


Nobody can verify the figure. It’s all under their control. They could cover up the truth of 911 attack. They could make Bin Laden died twice. So what to maintain a puppet president? If they could have kept a war criminal (who activated a war with a lie) to stay on his second term, what’s the problem for another puppet? All they have to do is to create a hoax of a better off economy for several months then blame everything on the coming financial cliff.
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Postby katsung47 » Tue Apr 01, 2014 1:41 pm

790. Bernanke’s Sept. Q.E. tapering off and Mueller’s stepping down (9/22/2013)


I quote some of my articles here because later development used to prove they were correct.

September should be the last month for Robert Mueller in his FBI office. (Sep. 2001 – Sep. 2011) His term has been extended for two more years. He has to finish Kat Sung before he leaves the office. (#694)
So this year we saw the last crazy before Robert Mueller’s leaving. The big plot – North Korea nuclear war crisis, the bird flu in China, Boston bombing. It ended with Snowden’s case in June.

There were still two months left before Mueller’s stepping down. So they hurried off a last hour effort – organized a Mid-East crisis which signaled by great prison escapes, US embassies close and Chemical weapon attack in Syria.

Embassies to close in Muslim world this Sunday

The Associated Press Aug 2, 2013

"Current information suggests that al-Qaeda and affiliated organizations continue to plan terrorist attacks both in the region and beyond, and that they may focus efforts to conduct attacks in the period between now and the end of August," the statement said.

http://www.cbc.ca/news/politics/story/2 ... rning.html


Why Al Qaida “focus to conduct attacks in the period between now (Aug 2) and the end of August, “? More likely, it fits the time of

Mueller stepped down on September 4, 2013, and was replaced by James Comey.[10]
http://en.wikipedia.org/wiki/Robert_Mueller


The Feds used to buy in many houses in their case. It is for the convenience of surveillance. It also brings with them a lot of profit because they can manipulate the policy. In my case, Feds bought the houses of nearly whole area according to my observation. It now becomes a burden for them. The interest rate became a very important factor for them to maintain those real estate properties. They force the Federal Reserve to start a third Q.E. to keep the interest rate low . I describe the story from #733 to “739. The third housing bubble (10/1/2012)”).

The Q.E. certainly will create a big inflation bubble and a housing bubble as well. Bernanke likely has been assured he could taper off Q.E. after September. The Feds was sure they could eliminate Kat Sung before Robert Mueller’s leaving. However, it fails.

To maintain the interest of the Feds, Bernanke has to break up his promise and take the blame.

Bernanke blasted after surprise no-taper decision

Many blamed Bernanke and fellow members of the Federal Open Market Committee (FOMC) for having since May repeatedly suggested a September taper of the quantitative easing (QE) program.

http://news.yahoo.com/bernanke-blasted- ... 56277.html
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Postby katsung47 » Fri Apr 11, 2014 4:34 pm

791. Summers withdrew candidate of Fed chair and oil price (9/26/2013)

Former FBI Chief Robert Mueller’s stepping down on 9/4/2013 obviously was a core time of recent big events. The sudden break out of Syria war crisis caused by Chemical weapon accusation in late August was a tradition way of Feds to distract. My relatives sudden trip to Turkey in early September was part of the elimination plan. When the plot went soured, the Feds has to change the original promise to the Chairman of Federal Reserve – we saw Bernanke having a “surprise no-taper decision”.

No-taper of Q.E. decision is only a temporary decision. For the huge amount of real estate property the Feds hold, they need a person to keep the interest rate low. There comes another big surprise that on September 15, the Fed Chair candidate Summers withdrew his name from the list. Summers was Obama’s top choice for the Fed. What made a man to abandon the fruit he almost certain to grasp? Or in another word, who has the power to manipulate celebrities? It’s the Feds. I’ve talked about it many times. They could force Chief Justice Roberts to change his mind on Obamacare. (see “726. The surprise turnaround of Chief Justice (7/4/2012)”) They could force Petraeos resigning from CIA Chief post. (see “747. Petraeus case is an extortion (11/27/2012)”) So what for a candidate for the Fed’s chair?

The point is Summers concerns more on inflation which will restrict the easy money of Q.E.. What the Feds need is a person who favors more Q.E. to boost the housing market.

The other news indicates how the Feds does to keep interest low (by lower the oil price).

Oil falls as US shows signs of patchy growth

PAMELA SAMPSON 9/26/2013


BANGKOK (AP) — Oil prices fell again Thursday amid worries about the U.S. economy and signs of a slowdown in demand.

http://news.yahoo.com/oil-falls-us-show ... nance.html


In Autumn, a gas price fall

Per-gallon fuel costs expected to drop 40 to 45 cents by Halloween

By Gary Richards Mercury News 9/22/2013


A low oil price will draw dawn the inflation to offset the pressure to raise the interest rate. The Feds could manipulate politicians and manipulate oil price by financial group as well.
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Postby katsung47 » Tue Apr 22, 2014 5:05 pm

794. Debt ceiling crisis and October plot (10/16/2013)

While I am worrying about my wife’s travel to China (from 10/14 to 10/23), I think the Feds and Chinese secret police would frame a case on her, I suddenly realize another event, the debt ceiling deadline, is related to it.

As I have always found, the Feds used to create big event to distract if the framing case on me would break out. Since it is a framing case, there will be a lot of unreasonable search and arrest, murder to silence the witness. So they need large case to transfer public’s attention. The case could be natural disaster, epidemic, terror attack and war.

The recent one for September plot was Syria war crisis. War on Syria was almost happened in September in excuse of “Chemical weapon war crime”. The crisis was avoided after Syria offered to abandon the chemical weapon. Another traditional excuse for war on Iran is also diminished when new regime of Iran offered concession on its nuclear ambition. Now it’s difficult for the Feds to use war to distract.

They find another one – economic crisis. That’s the deadline of debt ceiling on 10/17 which is coincident to my wife’s trip. If the US debt go default, it surely will cause a hurricane in US economy and in world’s as well. It can play a well substitution of war. With “social security check can’t be issued”, “welfare postponed”, the impact to American society would be bigger than war. That’s why media beat the drum on this crisis – to make it big if the elimination of Kat Sung case goes through.

Two main actors of this show – Obama and House Republicans, make it look like a real political argument. They don’t care if the US will fall into a financial cliff because they don’t work for the American people but for the Feds. That’s the truth of US politics. Politicians are not elected by people but are selected by the Feds because the Feds control voting system and they make the election result reasonable by fake poll because they also control the media.

Republicans are controlled by the Feds. The typical story was the passing through of Obama care in Supreme Court. Chief Justice John Roberts is a conservative stronghold. Under pressure of the Feds, he had to vote against his will. (See #726, 746, 756.) That event also relates to my case.

The debt ceiling argument will be maintained as a procedure of my case. The recent elimination plot likely is a shopping center shooting death which justified by Kenya shopping mall shooting, I think.
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Postby katsung47 » Sat May 03, 2014 1:48 pm

795. Debt ceiling crisis continues and shopping mall shooting (10/20/2013)


It happens just as what I have said, the government maintains that big financial crisis – move it to three months later.
The framework negotiated by Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell would fund the government through Jan. 15, 2014, and suspend the debt limit until Feb. 7, setting up another round of confrontations.

Though both parties and Obama are criticized for playing politics and leave public interest alone, they don’t care. They just follow their master’s order. It means if the Feds succeeded in their next plot, the Americans will face a big financial turmoil early next year.

I also allege that “Kenya Mall massacre” was created by the Feds to justify a “shopping center shooting spree” in US. I had experience of “attempt murder in bank robbery” (see #402, 404, 561 562) .so I try to go shopping when bank closed – in holiday or in evening. California Market was a Chinese supermarket I used to go which located at Landess Ave cross with Morrill Ave. (2 in map) started from later last year, California market shrank gradually (only part of it was opened) so I had to turn on to the Sea Food City cross the street which supplies food for Philippines’. (1 in map).

http://thumbs.myopera.com/sz/colx/katsu ... 1382297941

In later March this year, a news rattled me. A bank was robbed continuously in Season’s Market Place. It was the market where Sea Food City located. (see “764. Plot to eliminate Kat Sung (3/23/2013)”) I didn’t notice there was a bank in that place. I asked people, they told me it might be on business started from last year. I found that US Bank is just next door to the supermarket. I also found it open to business on weekends too. I think all these were manipulated by the Feds. They arranged a bank for bank robbery shooting trap. To force me go there they shut down the other supermarket I used to go. It was lucky for me that I used to go there later on Sundays. US bank closes at 3 p.m. on Sunday.

California Market closed in April, (a coincidence with April plot marked with Boston bombing), it remains unchanged until September. On Oct. 6, it reopened. It was a hurry up opening. I didn’t go inside. Kenya mall shooting just happened. Would there be another trap?
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