Month: June 2024

Reality check for all of us.

~ fastcaranalysis ~ Leave a comment

When I hire someone to do work on my property, I get an estimate. Sometimes I get many estimates. These are bids to do the work. Then I pick the company that I like the best and have the work done. There is an exchange that happens: work done on the one hand that benefits me and then money paid out to workers on the other hand to reward them for their trouble and supplies. That’s pretty straight forward, usually. I write a check on my bank account and I’m done.

Likewise, when my old pair of boots wears out or when I run out of milk, I exchange an agreed upon amount for the replacement items. Pretty straight forward, usually. I write a check or use my credit card and I’m done.

I keep hearing people say that the U.S. debt is increasing by 1 trillion dollars every 100 days. What is it buying? $1,000,000,000,000 should buy something. When I pay my taxes, I give up buying something tangible for my own welfare and pay the government a tax. I expect that tax to buy something. I assume that $1 T is in digital dollars because printing that much in paper dollars wouldn’t be convenient. So, what is $1,000,000,000,000 paying to buy every 100 days?

I know what it is!

I’m going to tell you. Eventually…but first some observations.

I watched the 2020 election get stolen (read my blog posts; I heard video from first hand testimony and expert testimony posted online). I heard about the fake insurrection (on public radio and in blog posts online). I watched the false accusations aftermath and jailing of Americans under fake pretenses. I watched lawfare attacks against Donald Trump (blog stories online). I have watched the Congress and DOJ mostly ignore money that has flowed for political influence to the Biden family. I have watched inflation rising across America (groceries, healthcare, tuition, taxes, energy). I have watched jobs become less plentiful and less rewarding for people’s work. I have read about Americans being attacked in the workplace for their political beliefs and sometimes for their race if they are white.

I have watched people being compelled as a requirement of their jobs to participate in the experimental covid treatment after the danger of covid was exaggerated by lie after lie. I have seen people hounded out of healthcare for telling the truth about covid or for refusing to take the experimental vax. I have observed the deathrate after covid go up (according to blog posts and news stories from the insurance world and also a few people in my own life) because the covid vax precipitated premature death in many (much video showing athletes collapsing on the field). The border is open for most who would enter the nation illegally (in news stories on public radio). I have heard that digital currencies are going to replace fiat dollars (from blog posts and video of bankers speaking). I have heard that Americans will receive a subdermal chip as a condition of life. I have heard that Americans will be experimented upon to launch the new age of cyborgs (the dawning age of transhumanism). The Biden Administration continues to support wars in Ukraine and Israel despite negative public sentiments regarding those wars.

We continue to use the same digital technologies to count votes that we used in 2020. People crossing the border illegally are being groomed to vote illegally in the next election. People arrested for the fake insurrection are still in jail. Donald Trump is awaiting sentencing for a fake crime. Congress and the DOJ are still ignoring alleged influence crimes of the Biden family. No one in Washington D.C. has been arrested for crimes committed against America. Inflation continues to get worse. Jobs for Americans are evaporating. American companies are tangled up in politics and pay far less attention to productivity. Desperation is growing among families. Some have lost a family member to the vax or have gained a new disability in their family. Some have lost a family member to murder by a criminal border crosser. Some can’t pay for their groceries, transportation, healthcare, energy. Broadcast media has become unreliable and partisan.

I know what this is.

This is politics without consent. That’s what the money sloshing around is paying for: nonrepresentational governance.

What I would like to point out is that the federal government isn’t auditing itself to say what it is buying. When money becomes digitized in the government’s spending account, apparently it ceases to buy things. It buys influence instead. It buys the government’s excuse to raise inflation and tax you without an audit. It buys the cyborg initiative. It buys nothing that you or I would want. It is a kind of anti-real, anti-money against everyone’s better interest.

Another point is this: these spending claims can all be fake and still the damage would continue. With no audit, I can’t tell if $1T is being spent every 100 days. It sounds absurd. But uncounted spending seems to be causing damage to destroy our nation, to destroy American families, to end workplace productivity, to murder and destroy America, to end rule of law fairness. The destruction of all of these good things seems to be the goal. That’s what the alleged expenditure of 1 trillion dollars every one hundred days is being spent to buy. How do you like it?

Buy a copy of Political Catsup with Economy Fries available at Amazon.com.

Thomas Jefferson said: “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.” (taken from AZ Quotes http://www.azquotes.com/quotes/topics/tyranny-founding fathers.html).

James Madison said, “The means of defense against foreign danger historically have become the instruments of tyranny at home.” (AZ Quotes)

Thomas Jefferson also said, “I believe that banking institutions are more dangerous to our liberties than standing armies.” (AZ Quotes)

Benjamin Franklin said, “The more the people are discontented with the oppression of taxes, the greater the need the prince has of money to distribute among his partisans and pay the troops that are to suppress all resistance and enable him to plunder at pleasure.” Taken from the Foundation for Economic Education, (https://fee.org/articles/17-benjamin-franklin-quotes-on-tyranny-liverty-and-rights/).

A house costs too much.

~ fastcaranalysis ~ Leave a comment

The housing market’s pricing is too high.

There is collateral fraud in bidding up houses to the level that ordinary individual home buyers can’t buy. Exhorbitant pricing is evidence that residential real estate has been bought by investors with deep pockets that have systematically bought and traded up housing prices to drive residential market prices out of the grasp of ordinary people. This is collateral fraud when the misrepresented value is used in sequence to secure serial properties that are subsequently overvalued.

I have recently read that only 23% of the housing market is owned by investors. I wonder if that includes bank owned foreclosures. I must observe here that individual home buyers can’t compete with investors who have access to cheaper and larger amounts of capital.

I have also recently read that when investors bought houses in 2010, putting a floor under American real estate after prices plunged in 2010, they saved the housing market and didn’t cause the ridiculous price increases that we see today. I don’t agree that this saved the housing market. Preventing a market correction is interfering with natural market based pricing. That’s a kind of monopoly power and it’s a RICO offense.

Recently when I was looking at real estate pricing across the nation using the internet, I received a call on my cell phone asking me if I had any property to sell. I said no. I get these calls every week. It isn’t an individual calling me who wants to live in my house. It is an investor’s call center.

I would never have bought a mansion to live in. I always knew that I didn’t want the upkeep that a mansion requires. And I didn’t want to pay the tax-man a huge amount in order to live in an extravagant space. And yet my ordinary home is now priced at what was once considered the cost of a mansion.

There would be an outcry if people’s houses were valued at the new accelerating price for the purpose of taxation. The value of my property has risen already by at least 200% according to the state tax board. This has significantly raised my property tax. But when I do a local real estate search in my area bracketed in that price range, the properties that come up are far more humble than the home I currently own. I think that means that I can only sell my house at this tax based price valuation to an investor who will immediately list this property for $400,000 more. I’m seeing $100,000 price increases yearly for several years serially in many real estate markets across the nation. This rate of price increase will effectively remove most real estate beyond what is affordable for a family to purchase. It’s also why retirees aren’t downsizing. If they sell and buy a smaller property, they can’t harvest a profit from their larger property. The smaller one will cost the same as their larger property’s sale price.

American families can’t buy in this market. They are being shut out of housing by investors. Market forces aren’t pitiless like this but monopoly forces are. The rate of property taxes will likely force people out of housing eventually. Slow but sure. Retired people who live in states that don’t charge property taxes for retired people will still go to ruin under this price scheme because inflation and taxation of other parts of the economy will bleed them. Relentless. Faster by far than water wearing away stone.

Buy a copy of Political Catsup with Economy Fries available at Amazon.com.

ADDENDUM:

I just read a great article that goes far to explain what is happening in American real estate. It is available here: https://www.coreysdigs.com/u-s/university-migrant-smart-hubs-private-equity-and-the-leveraged-buyout-of-america/ . The title is “University Migrant Smart Hubs, Private Equity and the Leveraged Buyout of America,” and I found a reference to it on Solari.com, the author is Corey Diggs and it is dated June 15th, 2024. Don’t miss this information rich source. Corey Diggs also recommended a book entitled: Plunder, Private Equity’s Plan to Pillage America by Brendan Ballou, which is promised to be another information rich source that will clear up your confusions and explain in detail what is happening to real estate accross America.