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US mortgage crisis forces homeowners to take refuge in their cars

29 March 2007, 09:55

I would put forth another view in line with the elite-devils want it all-see above. The federal reserve creates money from thin air, it has no value so it is easily lent-not coming from actual toil and sweat. The bankers steal the toil and sweat exchanged for paycheck money by entering huge amounts on a computer and calling it a loan. If the person defaults, they (bankers) get their equity back and after all, if they don’t offer loans they get NOTHING! If you toil and sweat and put a $1000 under the bed, 10 years later it won’t buy shit because the total amount of dollars floating around has increased dramaticly (more dollars chasing the same amount of product=price goes up). When really everyone deserves to own a house who works 40hours a week. I should know as I can build a 1000sqft. simple stick frame for about $35K in materials, taking no more than 6 months labor (1 guy), brand new(US)! Having a large population fighting over wages, terror alerts, housing, etc. is good for you if YOU are a fat cat looking for cheap labor. In scandinavia they have the highest standard of living in the world (average wage-$26/hr.). How come nobody hears about their lifestyle, or europes slightly less but better than ours lifestyle? Their is no border enforcment even though any terrorist can walk across easily because it provides cheap labor, providing competition for jobs-period. You’ve got to think new world order, one world government, no borders-ONE BANK< ONE ARMY<ONE TAX<total fascism.