Bank Homes for Sale

GM Debt-Equity Swap Fails Before Bankruptcy Deadline
http://www.bloomberg.com/apps/news?pid=20601087&sid=aedmmBia3hds&refer=home

Sales of Existing U.S. Homes Probably Increased in April
http://www.bloomberg.com/apps/news?pid=20601087&sid=as7avz6vBrh4&refer=home

North Korea Threatens Armed Strike
http://www.bloomberg.com/apps/news?pid=20601087&sid=awBTCPe7S2gw&refer=home

Chrysler Could Exit Bankruptcy by Next Week
•Chrysler has gotten rid of it’s liabilities, 879 dealerships, and ultimately thousands of workers
http://www.cnbc.com/id/30948933

Govt announces money for green jobs and training
http://www.google.com/hostednews/ap/article/ALeqM5gxapMu3v_C8xkgnVHyhE6D2Z9WLQD98E997O3

Consumers’ confidence surges on brighter jobs view
http://www.marketwatch.com/story/consumers-confidence-surges-on-brighter-job-view

Police officers saved by stimulus may still lose jobs
http://www.cnn.com/2009/POLITICS/05/26/ohio.stimulus.police.cuts/

IRS tax revenue falls along with taxpayers’ income
http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm

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Music by Alan Jackson Song Title: Home

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The Bank of England began its reverse auction yesterday. David Buik, of BGC Partners, discusses whether this was a good idea or desperation. … cash

Duration : 0:3:29

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Irs inheritance tax from Power Tax Relief. http://www.Power-Tax.com offers IRS debt settlement and resolution, wage garnishment relief and bank levy help services. Reduce your IRS Tax Debt: Irs inheritance tax. Visit http://www.Power-Tax.com today or call 800-700-6948 for more information about Irs inheritance tax. irs tax debt relief, irs offer in compromise, tax offer in compromise, tax late fees, irs late fees, irs wage garnishment, back taxes, irs tax lien, income tax attorney, federal tax relief, tax debt relief, irs debt settlement

Duration : 1 min 5 sec

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At the Financial Services Committee Hearing today, Congresswoman Nydia Velazquez, Chairwoman of the Congressional Hispanic Caucus, and Chairwoman of the House Small Business Committee, questioned the Bank CEOs as they testified before Congress.

Duration : 0:5:20

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The Money Masters & The US Crisis: What YOUTUBE doesn´t want you to know.

1913 With Congress nearing a vote on the Glass-Owen Bill, they called Ohio Attorney, Alfred Crozier, to testify. However, Crozier noticed the similarities between the Aldrich Bill and the Glass-Owen Bill, and subsequently stated,

“The…bill grants just what Wall Street and the big banks for twenty-five years have been striving for - private instead of public control of currency. It (the Glass-Owen bill) does this as completely as the Aldrich bill. Both measures rob the government and the people of all effective control over the public’s money, and vest in the banks exclusively the dangerous power to make money among the people scarce or plenty.”

The debate on this bill was not going well for the banks, with many Senators intimating the bill was corrupt and deceitful, however the bill was approved through the Senate on December 22nd. How did this happen? Because most of the Senators had left town to return home for the Christmas holidays. Furthermore, these Senators had been assured by the leadership, that nothing would be done regarding this bill until long after the Christmas recess.

Representative Charles A Lindbergh Sr. stated,

“This Act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government of the monetary power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed…The worst legislative crime of the ages is perpetrated by this banking and currency bill.”

Interestingly, only a few weeks earlier, in October, Congress finally passed a bill legalizing direct income tax of the people. This was in the form of a bill pushed through by Senator Aldrich, which is now commonly known as the 16th amendment. The income tax law was fundamental to the Federal Reserve. This is because the Federal Reserve was a system which would run up, essentially, an unlimited Federal debt.

The only way to guarantee the payment of interest on this debt was to directly tax the people, as they had done with the Bank Of England. If the Federal Reserve had to rely on contributions from the States, they would be dealing with bigger entities, who could revolt and refuse to pay the interest on their own money, or at least bring political pressure to bear in order to keep the debt small.

Actually, this 16th amendment was never ratified, and therefore many American citizens do not pay their income tax and there is nothing the United States Government can do about it. For further information on this go to thelawthatneverwas.com . Also, back in 1895, the Supreme Court had also found an income tax law similar to the 16th amendment, as unconstitutional. The Supreme Court also found a Corporate Tax Law unconstitutional in 1909.

Another important amendment that was put through this year is the 17th amendment. This provided for the direct election by the people of two Senators from each state as oppose to the original system of having state legislatures elect United States Senators. More democratic, you would think, until you realize these bankers could now provide the funds for their hand picked people to run for the Senate, and thus avoid future problems like getting the Federal Reserve through the Senate.

Anyway, back to the Federal Reserve, if you are in any doubt as to whether the Federal Reserve is a private company, a basic check the public can carry out is in their phone book. Look under the government pages and it is not listed, but you will find it listed within the business pages.

Actually some recent evidence has come forward as to who really owns the Federal Reserve, and they are the following banks:

* Rothschild Bank of London
* Warburg Bank of Hamburg
* Rothschild Bank of Berlin
* Lehman Brothers of New York
* Lazard Brothers of Paris
* Kuhn Loeb Bank of New York
* Israel Moses Seif Banks of Italy
* Goldman, Sachs of New York
* Warburg Bank of Amsterdam
* Chase Manhattan Bank of New York

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In this clip, Rep Gary Ackerman D-NewYork, confronts bankers and demands to know where the tax bailout money went?

C-span coverage of House financial services committee confrontation with America’s biggest bankers. Executives from the financial institutions who received funds from the $700 billion banking bailout faced their critics on Wednesday February 11, 2009 in Washington.

The chief executives at the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo.

Duration : 0:4:9

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FUNNY! This clip is focused on Rep. Michael Capuano who rips into America’s biggest bankers for all the risky investment vehicles they created and lost huge sums of money on. No mention if Mr. Capuano was involved in the de-regulation that led to the creation of those financial instruments. Do you know? Details please!

Executives from the financial institutions who received funds from the $700 billion banking bailout faced their critics on the House Financial Services Committee on Wednesday February 11, 2009 in Washington. The chief executives at the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo.

Duration : 0:5:31

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Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties

If you can help with anything please: donate food ,a 1$ or 2$ please god bless. PAYPAL: https://www.paypal.com TO: end2end3@hotmail.com andy k 1600 22 ave n minneapolis mn 55411

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Listen to RealtyTrac analysis of foreclosure tsunami January 26th, 2009, 5:45 pm

Interview with foreclosure tracker Rick Sharga of RealtyTrac on whats the chance that what he calls a tsunami of missed mortgage payments will abate anytime soon. I had to cut the first 4 minutes due to the time limit. But, please listen closely at 2:18, Mr. Sharga talks about Shadow Inventory. It’s shocking~!

What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.

If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.

Prepare yourself and protect your family from this coming economic catastrophe.

PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
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From L.A Times:

Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:

Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….

Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.

But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.

“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.

So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.

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Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke

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