It's not supposed to make sense.What I want to know is how they get all these dupes to pay top dollar in a housing rush like a bunch of ladies at a one day only clearance sale.I think the MSMedia has something to do with it, making everyone feel like they better get a home now for 278 k and they might "flip" it one day--thinking that one day will always be there when it won't,people have no memory of prior "booms" and "busts" that the fed designs.The whole thing is one big scam, you get these willing slaves to buy into a fraud banking system, making sure they are in debt for their natural lives and buy top dollar for worthless land, then confiscate the developed land back when the slave can't pay.Rich people who can afford their homes outright don't have to pay interest, it's a banking fraud loophole designed for those who are well off,Or, it's a gambling trick for those in the know. You buy low, sell high flipping homes and get a feel for these fed 'booms/busts' and make a profit, while living in a home that's totally payed off (by the way).but for the rest of us, by the time the lifetime of the loan is out, we will pay THREE TIMES the original cost,like I said, the entire thing is a huge banking scam to keep the bulk of the masses lifetime debter slaves.Then the gov't gets to come in and tax the living s(*& out of you for your land.So when people say they "own" their home,uh, No you don't. The bank owns your home, don't pay your mortgage and see who owns it.Then if you can buy your home cash outright, do you still own your home?no. Don't pay your taxes and the IRS comes in with a gun shoved in your back to force you out.So the answer to your question is, the gov't and the bankers own the homes,and they are in cahoots with each other to scam you and keep you a slave to their fraud system.A lot of people don't understand this or are in denial about it.
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09-06-2008, 10:19 AM
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