739. The third housing bubble (10/1/2012)
This was what happened in 1990s. The Feds started to buy in the real estate property from 1990 when they drove down the housing price. In 1997, when they found I trying to buy a house, the Feds passed the “Taxpayer Relief Act” to check other buyers from competition. Then they pushed up the housing market with the “dot com” babble. Why? Because the area where I live is the Silicone Valley where the high tech. companies gather in and where the Feds hold a lot of property they bought in my case. The tactic was to encourage the establishment of new company. The high salary employee would boost the property price.
The “dot com” bubble exploded in 2000. The Feds might have made good profit in property market in elsewhere but the San Francisco Bay Area where they invested heavily in my case. How to release their wealth? Then came the second bubble.
In April 2001, Pentagon created EP-3 spy plane collision incident in South China Sea. In secret deal with China to release the spy plane crew, the Feds bribed China to frame a drug case in US. As a payback to Pentagon, the Feds helped Pentagon prepared 911 terror case. Silverstein leased WTC at that month. 911 also gave the Feds the Patriot Act they have longed for. (See: “695. The collusion of D.O.D. and D.O.J. (11/28/2011)”
With Patriot Act and a framed drug case in hand, the Feds now was sure Kat Sung would be eliminated. What needed was a booming housing market. How to get it? By manipulate the Federal Reserve.
http://graphics8.nytimes.com/images/2008/12/16/business/17fed.graph.190.gif
You can see how dramatically the interest rate dropped to the bottom in 2001 that created a housing babble US ever had which finally caused financial collapsing in 2008.
However, the property the Feds hold in Kat Sung’s case is still there, how to deliver the hot potato into other people’s hands? It’s still the mission of Federal Reserve.
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.
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.
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.
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?
This was what happened in 1990s. The Feds started to buy in the real estate property from 1990 when they drove down the housing price. In 1997, when they found I trying to buy a house, the Feds passed the “Taxpayer Relief Act” to check other buyers from competition. Then they pushed up the housing market with the “dot com” babble. Why? Because the area where I live is the Silicone Valley where the high tech. companies gather in and where the Feds hold a lot of property they bought in my case. The tactic was to encourage the establishment of new company. The high salary employee would boost the property price.
The “dot com” bubble exploded in 2000. The Feds might have made good profit in property market in elsewhere but the San Francisco Bay Area where they invested heavily in my case. How to release their wealth? Then came the second bubble.
In April 2001, Pentagon created EP-3 spy plane collision incident in South China Sea. In secret deal with China to release the spy plane crew, the Feds bribed China to frame a drug case in US. As a payback to Pentagon, the Feds helped Pentagon prepared 911 terror case. Silverstein leased WTC at that month. 911 also gave the Feds the Patriot Act they have longed for. (See: “695. The collusion of D.O.D. and D.O.J. (11/28/2011)”
With Patriot Act and a framed drug case in hand, the Feds now was sure Kat Sung would be eliminated. What needed was a booming housing market. How to get it? By manipulate the Federal Reserve.
http://graphics8.nytimes.com/images/2008/12/16/business/17fed.graph.190.gif
You can see how dramatically the interest rate dropped to the bottom in 2001 that created a housing babble US ever had which finally caused financial collapsing in 2008.
However, the property the Feds hold in Kat Sung’s case is still there, how to deliver the hot potato into other people’s hands? It’s still the mission of Federal Reserve.
When Federal Reserve exhausted their interest rate tool, to help the Feds to break away from their straits, Federal Reserve will turn papers into money by printing 40 billion dollars each month – all of them will poured into the real estate market in order to create a third housing babble. This time, the bubble will come with severe inflation, I foresee.Reuters – Wed, Sep 26, 2012.. .
(Reuters) - The U.S. Federal Reserve launched a new round of monetary stimulus this month, saying it will buy $40 billion in housing-backed bonds each month until the labor market improves substantially.
The Fed has kept interest rates near zero since December 2008 and now says it expects weak economic conditions will warrant keeping them there through at least mid 2015, half a year longer than it had earlier expected.
http://news.yahoo.com/factbox-fed-officials-comments-economy-policy-200444357--business.html
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.
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.”
California Refiners Ration Gasoline Prices Near Record | First Enercast Financial
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.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.
Calif. gas prices equal all-time high
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.
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?
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.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-f831-11e1-bec8-00144feabdc0.html#axzz261Uy9nmA
QE3 will create another housing bubble.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-fe77-11e1-8028-00144feabdc0.html#axzz26Vualgix
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.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.
Marc Faber: Fed's QE forever is ludicrous; no country has become rich from consumption - Business Intelligence Middle East - bi-me.com - News, analysis, reports=
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