We government, Architects of Hedge Funds Cause Collapse of the American Real Estate Economy From the U.S. Government, the architects of hedge funds cause the collapse of the U.S. economy Estate
By: Robert W. hand
Designated Broker / Owner
Equity Alliance Properties
www.equityallianceproperties.com
Subprime Crisis? Not Heaven, it is a complete collapse of the domestic real estate company in the U.S. economy, with mortgage companies and the federal government's right in the heart of the matter. The effects of the distribution business with national real estate debacle of subprime track can be felt in all economic sectors, including Wall Street.
Of course, there are always those of Wall Street speculation about the broken back of the business economy real estate. These original investors and still make huge amounts of interest on "interest only" loans, and are the beneficiaries of the federal government has deliberately slow actions to remedy this fundamentally simple.
For most Americans, the most important form of wealth that we have is equity in our homes. Americans are losing their real estate holdings, and the effect of a real estate company has broken the overall economy to its knees. The masses feel while the rich get richer. True, the guys still make money off of these products of high interest-free loan make headlines by saying: "Let the time to repair. You did not think they were out of the game have you? Who do you think of these interests "that" loan repayments continue to be paid? The longer this thing takes to get fixed, the more they continue to reap huge benefits on their "interest only loan products" that the design was never intended to be reimbursed any money never goes to main . Money powerful lobby representing those interests is to slow the process in Washington, where the debts for taking the time to repay, with a nod and a wink.
I published an article last month ( http://paradisevalleyblog.com/2007/11/crisis-or-opportunity-truth-about.html ) representing the number of incidences of loans in default as a small fraction of the number global loans, a number that continues to climb. However, keeping these figures in perspective, that still leaves, according to some estimates, 1.1 million Americans lose their residential properties over the next 6 years.
Yes, it's a simple question and it can be fixed with the cash, go figure. Let the number of dollars to solve this problem in perspective so that we have all become accustomed, comparing it with the money we spend on the occupation of Iraq. To continue our
military occupation in Iraq, American taxpayers are paying 270 million dollars every day, 8.4 billion U.S. dollars per month, totaling $ 600 billion spent and approved by war spending and 200 billion dollars requested 2008 bringing the cumulative total of 800 billion dollars. There were 10 billion mismanaged and wasted in Iraq hearings in February 2007. There was too much expense, $ 1.4 billion Halliburton ordered by the Pentagon as "unreasonable and without foundation. 20 billion paid to former Halliburton division, KBR for food, fuel, housing, and other items. accounts of the Pentagon estimate that 3.2 billion is "dubious and indefensible. Some figures predict the cost of the war in Iraq to head
more than 2 billion dollars.
Just a small fraction of the Halliburton defrauded your capital USA.
Posted on February 11, 2010.
