*Note: I will make this statement before you read this, the information contained below is 100% legitimate, and I have no political opinion one way or the other. "Frankly I look forward to making some money building low income subdivisions for them"
SO THIS IS WHAT OBAMA AND THE CHINESE WHERE UP TO, SEND THIS TO EVERYONE ON YOUR LIST, WRITE LETTERS TO THE EDITOR AND GET THE WORD OUT!
This is an urgent message! Read this and spread the word! Subject: Foreign Trade Zones.
This is unbelievable at first, but you will soon realize that there are several motives for the global communists to physically weave our United States territory together with communist China. Read On! Here’s what is going on!
Each and every one of our state governors has approved and allocated a certain amount of acres of their U.S. state land to be inhabited by Chinese communists –communists straight from China! They are to set up little towns and live here, supposedly for the purpose of producing Chinese products for sale in the U.S.A. The land the states are giving them for their little towns will be considered “foreign territory”!!! We are told that the laws of the state (in which these Chinese communists dwell) will apply to the communist Foreign Trade Zone (FTZ).
Comment: If so, why are they allowed in here!??! Isn’t the whole set up unlawful??? There are 257 of these little communist towns to be built all over the United States.
Go to this website and see the list of the states, and how many FTZ’s are to be erected in each and every state! Our nation is being peppered all over with these communist closed towns called “zones”! This insane brainstorm by Washington, D.C. officials was just recently discovered by alert citizens in the State of Idaho, where an FTZ is being built there, just south of Boise, Idaho, possibly 30,000 acres of Idaho is going to be used for that FTZ. Check this site quickly before it is removed:
http://ia.ita.doc.gov/ftzpage/letters/ftzlist-map.html
When you get to this website, be prepared by having enough paper to print 40 pages, listing all the FTZ’s to be built over the whole United States!
257 of these FTZ’s!
It is absolute insanity!! How gullible are we???
The excuse given for creating communist towns all over our nation is that these Chinese people will produce products for sale in the United States, and the FTZ will eliminate overseas shipping costs of the products they create! A bizarre excuse!!!
Can’t we manufacture our own products anymore with American workers? How foolish are we to allow this???
Remember the hard-learned lesson taught to gullible people back in ancient times, when the Trojan Horse was built and they pulled it past their protective gates??? Do we Americans look THAT STUPID to the Chinese and to our Washington,D.C. leaders???
It will not mean jobs for Americans. All the help will be Chinese! Besides, it is to be classed as “foreign territory”, remember! You won’t know what is really going on inside the enclave. Is there any danger for Americans to allow this?
What do you think?!!!
It is a known fact that China has been preparing for war against the United States! Many guns are pointed at us. Why should these FTZ’s be allowed??? What is the real reason??
Some people are wondering if the American land in these FTZ’s is being given as collateral for the huge debt we owe to China? Some people are asking: “Does China own us and is our land collateral in case we don’t pay the debt?” China is allowing American businesses to get established in China as FTZ’s. Americans must build the structures in China, and they must employ all Chinese people to do the work in what is built there. After a short amount of years, the Americans must vacate, leave the buildings and let the Chinese keep the technology and the active operation as on-going. What this amounts to is transferring American technology and management to communist China.
FTZ’s are also known as SEZ’s (Special Economic Zones) Please relay this information to all your friends. Someone has to answer for this on state and federal levels! What a set-up for sabotage, espionage, and a study on how to take over the whole United States in a war! Because the newspapers and other media are controlled, they will not be reporting on this unless there is a great public outcry. Remember when being a communist was a punishable crime in the U.S.A. My, how we have changed! "Jesus they have tried to bury me for less"
Complete reversal. Best to take this information to local public officials as well as all your contacts. Please do not delay spreading this information. Check with Idaho Eagle Forum also for updates http://www.eagleforum.org/
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Thursday, January 27, 2011
Friday, January 14, 2011
3 YEARS IS THE INVENTORY PUBLISHED! AND THAT IS NOT COUNTING THE SHADOW INVENTORY...
The foreclosure dump for 2011
"It's coming, no question. [Yesterday's] report from RealtyTrac serves as a warning to big banks, Fannie, Freddie and local communities; The foreclosure glut is coming, and they'd better be ready to get rid of that glut in a big way. 2010 saw a record number of bank repossessions, over a million, even with a big drop in volume toward the end of the year, thanks to the robo-signing scandal and ensuing foreclosure freezes. 'Early indications in January were that this robo-signing related delay will be over by the end of first quarter if not sooner,' says RealtyTrac's Rick Sharga.
'I think we're going to see a significant spike in foreclosure activity early in 2011, and that will contribute in part to 2011 being a record year.' Sharga estimates as many as a quarter of a million foreclosures that should have happened in 2010 will now be pushed into the 2011 numbers, and added to an already huge supply of bank owned properties.
The four biggest banks already have close to $7 billion worth of foreclosed properties (REO) on their books, and Fannie and Freddie have about $24 billion collectively.
While REO sales make up about one third of all sales in the current market, there is an estimated 3 year supply *NOTE: This does not count shadow inventory. There are obviously many incentives to buy REO's, number one being the price discount, as well as some other programs offered by the government; but there are a lot more downsides. Just today I read an article in the Wall Street Journal of witches in Salem being hired to remove the negative spirits from foreclosed homes. Other similar burgeoning businesses include Feng Shui experts, etc.
I WAS ASKED HOW QUICKLY WE CAN ESTIMATE SELLING A RENOVATED HOME?
HousingWire today reports on a study by Field Asset Services that finds rehabbed REOs spend five fewer months on the market, 69 days compared to 222 days. Many investors buy foreclosures and do the rehab themselves, but for regular home buyers, clearly having the home renovated, with no sign of the preceding trouble, is a huge added value.
Through its Neighborhood stabilization Program, the Department of Housing and Urban Development has provided $7 billion in grants to local governments and nonprofits; that money can be used to rehab foreclosed properties, or, to bulldoze them. I also know there have been many discussions brewing within the government and at the banks with hedge funds looking to buy up bulk foreclosures. So far no big deals we know of, but they're coming for sure. The government may even be considering incentives to get more investors to buy foreclosures, which I blogged about over six months ago. As the numbers mount, the GSE's and the banks will have to put more resources into unloading these properties, especially as new Spring organic housing supply comes on the market. If they choose to slash prices even more, the dip in overall home prices may fall deeper than expected."
Angel Investors
"It's coming, no question. [Yesterday's] report from RealtyTrac serves as a warning to big banks, Fannie, Freddie and local communities; The foreclosure glut is coming, and they'd better be ready to get rid of that glut in a big way. 2010 saw a record number of bank repossessions, over a million, even with a big drop in volume toward the end of the year, thanks to the robo-signing scandal and ensuing foreclosure freezes. 'Early indications in January were that this robo-signing related delay will be over by the end of first quarter if not sooner,' says RealtyTrac's Rick Sharga.
'I think we're going to see a significant spike in foreclosure activity early in 2011, and that will contribute in part to 2011 being a record year.' Sharga estimates as many as a quarter of a million foreclosures that should have happened in 2010 will now be pushed into the 2011 numbers, and added to an already huge supply of bank owned properties.
The four biggest banks already have close to $7 billion worth of foreclosed properties (REO) on their books, and Fannie and Freddie have about $24 billion collectively.
While REO sales make up about one third of all sales in the current market, there is an estimated 3 year supply *NOTE: This does not count shadow inventory. There are obviously many incentives to buy REO's, number one being the price discount, as well as some other programs offered by the government; but there are a lot more downsides. Just today I read an article in the Wall Street Journal of witches in Salem being hired to remove the negative spirits from foreclosed homes. Other similar burgeoning businesses include Feng Shui experts, etc.
I WAS ASKED HOW QUICKLY WE CAN ESTIMATE SELLING A RENOVATED HOME?
HousingWire today reports on a study by Field Asset Services that finds rehabbed REOs spend five fewer months on the market, 69 days compared to 222 days. Many investors buy foreclosures and do the rehab themselves, but for regular home buyers, clearly having the home renovated, with no sign of the preceding trouble, is a huge added value.
Through its Neighborhood stabilization Program, the Department of Housing and Urban Development has provided $7 billion in grants to local governments and nonprofits; that money can be used to rehab foreclosed properties, or, to bulldoze them. I also know there have been many discussions brewing within the government and at the banks with hedge funds looking to buy up bulk foreclosures. So far no big deals we know of, but they're coming for sure. The government may even be considering incentives to get more investors to buy foreclosures, which I blogged about over six months ago. As the numbers mount, the GSE's and the banks will have to put more resources into unloading these properties, especially as new Spring organic housing supply comes on the market. If they choose to slash prices even more, the dip in overall home prices may fall deeper than expected."
Angel Investors
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