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Real Crash - by Howard

 
Hedge funds are gambling, while production is crashing. The real estate bubble is over, and going down. New York City is beautiful, that's why I take pictures of it, but it's the belly of the beast.

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A Funny Thing about Home Foreclosures

March 13th 2010 16:12
Real Crash- Looking at Capitalism and its Laws:
Bruce Springsteen and Foreclosures
Bruce Springsteen and Foreclosures



The reason for the non-foreclosure of 5-6 million all-but-foreclosed American households is obvious. With total sales of new and existing homes in the United States running at about 1 million a year, and 40-50% of those sales already representing foreclosed homes, banks and lenders simply can't try to sell the vast majority of the homes in deep delinquency, so they aren't foreclosing on them. If prices, which are now falling only slowly, start to rise even a small amount, the mass of waiting foreclosures will soon send them plummeting again. The huge "shadow inventory" of foreclosures -- homes of the unemployed, the underemployed, and others who've lost the ability to make their mortgage payments -- hangs over residential real
estate, capable of collapsing it again at any time.

So Bruce Springsteen may have a hungry heart, but the real estate market on the boardwalk in Asbury Park, NJ and elsewhere is dead.
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Changes Hit the United States

March 11th 2010 14:10
Real Crash- Looking at Capitalism and its Laws:
David Bowie sang Changes
David Bowie sang Changes


Changes are hitting the United States with the continuing economic breakdown. The snows have melted in the Northeast, but still 100,000 families north of Boston, Mass. do not have electricity. Cities are bankrupt, from Detroit, Michigan to Miami, Florida. To find out about the solution to this breakdown crisis, see LaRouche's next webcast on March 13th.

Nothing good will happen with Obama still in office. Can we wait that long to impeach Obama. We need change and we need it fast. Even the Nixon Presidency, the ender of the Bretton Woods system, could come down. Nixon was the creator of the financial bubble of speculation we have today, though designed by people like George Pratt Schultz. Obama can come down too.


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Bankers Getting Desperate

March 9th 2010 16:09
Real Crash- Looking at Capitalism and its Laws:
Beatles- Hard Days Night
Beatles- Hard Days Night


Like the Beatles sang, it's been a hard days night, but the fight continues. It is not every day that spokesmen of the British Empire and its Rothschild-linked Inter-Alpha Group come out and openly broadcast their fear of defeat. But that is what the City of London's {Financial Times"} did today, in an editorial which concludes: "Desperate times need desperate measures. The times are not over. Nor, therefore, are the measures."

They said this regarding their frenetic call to keep worthless liquidity spewing out of the world's central banks at hyperbolic rates. But it belies the far more profound issue, that their entire universe is crumbling around them, economically and politically.

First, their speculative bubble is disintegrating, willy-nilly. Second, the Geezer exposed this bankruptcy and helped hasten their demise with his recent flanking attack on their "Santander Syndrome" and the related Brazil carry trade Ponzi scheme. Third, the American population is in the early stages of generalized revolt against everything they associate with incumbent policies and politicians--to wit, the Nazi Barack Obama and his Congressional lickspittles. And fourth, the
LaRouche Youth Movement and LPAC are intersecting that rumbling mood of the times, to become its voice and conscience, as seen in the recent Kesha Rogers victory in Texas.

So people, don't give up, we're Americans and we haven't lost this fight. Hold on.
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Obama is Not Giving Up

March 5th 2010 21:11
Real Crash- Looking at Capitalism and its Laws:
Obama's Symbolic Master- the Queen
Obama's Symbolic Master- the Queen



Obama wants his way on health care, just like Emperor Nero wanted to keep on fiddling while Rome burned. Thus, it is not surprising, that, following his press conference March 3 (accompanied by the men-in-white-coats), announcing his intention to ram through the Hitler-health bill by an "up or down vote," President Obama began to call in one group of Congressmen after another, to bludgeon them, or bribe them, into supporting his bill (the Senate bill, or one very much like it, with the murderous cuts and IMAC). He now has Rep. Rangel, one major obstacle, out of the way. That's just for starters.

In addition, Obama has now scheduled trips to Philadelphia and St. Louis next week. March 6, Saturday, he will defend his Recovery Act funds for police, on Fox TV's "Most Wanted." "There will be a bill," was Pelosi's message today at her weekly update; House Majority Leader Steny Hoyer said that a bill will be voted out by March 29, before the Easter recess; and White House spokesman Gibbs demanded that the House pass the full Senate bill by March 18.

Another reasons to rally and push Obama out by resignation or impeachment.
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Kesha Rogers, LaRouche Dem Wins

March 3rd 2010 14:34
Real Crash- Looking at Capitalism and its Laws:
Kesha Rogers, LaRouche Democrat
Kesha Rogers, LaRouche Democrat


It's incredible. Kesha Rogers, the LaRouche Democrat in the 22nd Congressional District in Texas has won her primary. Kesha is now the official candidate of the Democratic Party in that district. She campaigned on the platform of SAVE NASA, and IMPEACH OBAMA. This is really wonderful. This is a victory for the fight for scientific and economic progress, and against the insane bankers' bailout. Is everybody happy?
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The Bee is Back in the UK

March 1st 2010 22:23
Real Crash- Looking at Capitalism and its Laws:
Elton John sang, the Bitch is Back
Elton John sang, the Bitch is Back



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Dubai Dubai Do

February 28th 2010 21:33
Real Crash- Looking at Capitalism and its Laws:
Frank Sinatra- Dubai Dubai Do
Frank Sinatra- Dubai Dubai Do


The Jan. 20, 2010 assassination of Hamas official Mahmoud al-Mabhouh in Dubai was calculated to trigger a highlevel retaliatory attack against Israel, providing a pretext for an Israeli military attack on Iran, Lyndon LaRouche declared today. "Why else would there have been a cast of dozens, directly implicated, caught en flagrante on security cameras, staging the hit? A clean hit would have involved two people, and would not have caused the month-long international stir. There was a purpose behind this kind of staging, and the purpose was to provoke something much bigger


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Six Weeks after Haiti Earthquake

February 26th 2010 17:51
Real Crash- Looking at Capitalism and its Laws:
Saving Haiti means going beyond the Flea Market economy
Saving Haiti means going beyond the Flea Market economy


Some people notice that six weeks after the Haiti earthquake the disaster is far from over. The U.S. Institute of Peace (USIP), a Washington DC based policy group, held a well attended forum event yesterday, entitled, Haiti: Six Weeks Later. The occasion drew high-level participation from officials from the US State Department, US Army SOUTHCOM, members of the Senate Foreign Relations Committee, and numerous policy advisors, journalists, and students. it's interesting that even inside the Washington DC beltway, some people are worried about whether Haiti will survive the rainy season and beyond


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NASA is not just another budget cut

February 26th 2010 12:02
Real Crash- Looking at Capitalism and its Laws:
Man on the Moon
Man on the Moon


While the lies continue from the administration, some people in the Senate realize that cutting the NASA manned space program is not just another budget cut. Ranking member Senator David Vitter (R-LA), whose state of Louisiana is already suffering from lay-offs due to the upcoming retirement of the space shuttle, continued, "this budget and vision would end our human space flight program as we know it ... because it cancels all major existing human space flight programs and replaces them with little more than a hope and a prayer." "[President] Kennedy didn't say, 'We're going to do some R& D,'" Vitter said. "This [proposal] has no mission at all." Vitter stressed that the issue is bipartisan, noting that he did not support the previous Administration's inadequate NASA budget either


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Can We Get a Real Tea Party?

February 25th 2010 00:17
Real Crash- Looking at Capitalism and its Laws:
Let's Have a Real Tea Party- Bruce Springsteen
Let's Have a Real Tea Party- Bruce Springsteen


A real Tea Party movement means time to can the British Empire. Top LaRouche people have been getting on Tea Party radio. For example, Rachel Brown, is the Larouche Youth Movement person who challenged Cong. Barney Frank at a town meeting, on the Health reform and its nazi roots. Barney called her a "dining room table" and other wild stuff. Now she is running against Barney Frank in Southern Massachusetts, and was interviewed on Tea Party radio in nearby Rhode Island, along with Larouche pac coordinator Mr. Harley Schlanger. Fun was had by all in fighting for an alternative to Obama and Bailout Barney Frank, who bailed out all the international banks. The British are being exposed, with the bankrupt real estate deals exposed of Banco Santander. Santander though nominally Spanish, is actually run through the Rothschild's Inter-Alpha Banking Group. And NM Rothschild is as British as they come


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