Abaddon_Ambrosius
Title: Retired Theurgist TL
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Crony Capitalism kicks True Capitalism in the 'nads
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Individual Investors Can't Participate In America's Fire Sale On Foreclosed Homes
Article posted:
The federal government is about to dump millions of the foreclosed homes at fire-sale prices to hedge funds and private-equity firms with government connections. If you’re an individual investor who might like to get in on the action, forget it! You’re shut out of this deal.
Homeowners who might be interested in buying the foreclosure property next door? Out of luck. And retirees hoping for a return on their money more than 1.8% on a five-year CD find another avenue closed off.As many as 10,000 properties might be unloaded in a single transaction during the first quarter of 2012 — thanks to a government program so new it doesn’t have a catchy name yet, only the working title “Enterprise/FHA REO Asset Disposition.â€
Roger Arnold, chief economist for Pasadena, Calif.-based ALM Advisors, has a different name for it — “the largest transfer of wealth from the public to the private sector.â€
http://www.businessinsider.com/uncle-sams-fire-sale-minimum-investment-1-billion-2012-2
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Akza
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Crony Capitalism kicks True Capitalism in the 'nads
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woohoo.
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SoBaKi
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This is news, why?
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Taliesihne
Title: Wind on the Deep Waters
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Crony Capitalism kicks True Capitalism in the 'nads
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Just curious, but where and when in history has True Capitalism existed?
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First comes smiles, then lies. Last is gunfire. -Roland Deschain, of Gilead
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Abaddon_Ambrosius
Title: Retired Theurgist TL
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Crony Capitalism kicks True Capitalism in the 'nads
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SoBaKi posted:
This is news, why?
Article posted:
“the largest transfer of wealth from the public to the private sector ever.â€
...and you're not hearing even a peep about it on the MSM.
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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
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Modeeb
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Crony Capitalism kicks True Capitalism in the 'nads
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This is a disgrace. We should start peacefully revolting.
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Fail Again. Fail Better. Samuel Beckett
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Taliesihne
Title: Wind on the Deep Waters
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Crony Capitalism kicks True Capitalism in the 'nads
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Taliesihne posted:
Just curious, but where and when in history has True Capitalism existed?
Not gonna answer this?
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Jesus saves, Allah protects, and Cthulhu thinks you'd make a nice sandwich
First comes smiles, then lies. Last is gunfire. -Roland Deschain, of Gilead
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Abaddon_Ambrosius
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Crony Capitalism kicks True Capitalism in the 'nads
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Taliesihne posted:
Taliesihne posted:
Just curious, but where and when in history has True Capitalism existed?
Not gonna answer this?
I figured it was rhetorical, since we've had this discussion on the board about a dozen times that I recall.
Do you recall the answer from any of the 10 or 12 times I said it before?
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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
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Taliesihne
Title: Wind on the Deep Waters
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This may come as a shock, but I don't eagerly await your every post and read everything you write.
I'll take that as a no.
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Jesus saves, Allah protects, and Cthulhu thinks you'd make a nice sandwich
First comes smiles, then lies. Last is gunfire. -Roland Deschain, of Gilead
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Abaddon_Ambrosius
Title: Retired Theurgist TL
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Crony Capitalism kicks True Capitalism in the 'nads
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No, your selective memory, even for threads you've been in before, just sucks.
If you manage to google it let me know.
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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
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Taliesihne
Title: Wind on the Deep Waters
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Crony Capitalism kicks True Capitalism in the 'nads
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My memory is terrible.
And I don't care enough to expend effort to find it.
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Jesus saves, Allah protects, and Cthulhu thinks you'd make a nice sandwich
First comes smiles, then lies. Last is gunfire. -Roland Deschain, of Gilead
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NuEM
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Crony Capitalism kicks True Capitalism in the 'nads
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Crony Capitalism is "true Capitalism". If you can't compete in a real environment then you should go down.
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