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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.

Madonna: Get into the Mortgage Groove

October 15th 2007 14:29
Get into the Madonna and real estate Groove
Get into the Madonna and real estate Groove



You got to get into the groove, just try to get into the new game;; yeah!!
The system is gone, so they carry on with war and plague--- yeah!!

The system blew in June with the big hedge funds;
Bear Stearns blew it, it wasn't the only one;;
Since 9-11 everyone’s scared shit;;
That why Americans still act like brainwashed Brits;;

You saw the auto industry all shut down and killed
It’s a lot worse than it was under Bill;

Democrats stare as whole areas go down;
Michigan, Ohio are on the ground;;
Let’s have an FDR-moratorium;;
Build infrastructure, get a going again;;

You got to get into the groove, just try to get into the new game;; yeah!!
The system is gone, so they carry on with war and plague--- yeah!!

The sad fact is there is no war on terrorism. There is a series of excuses to start wars, which change as the story develops, "1984" Orwellian style. This is not so slowly destroying our democracies. Already, in the USA, the political parties are a joke.

The secret is that the only thing keeping the monetary system going, as whole areas of the USA are destroyed, is endless war and terror. The terror is to keep the financiers, the politicians and the USA in line. That is the secret which has kept the monetary system going since June. In June, Bear Stearns hedge funds went broke. This exposed that trillions of pyramided MBS (Mortgage Backed Securities) and on top of them, CDO (Collateralized Debt Obligations) were worth from 50-cents on the dollar to zero.

So now, due to total political and financial terror, the junk is just being restructured and bought up by new offshore vehicles, backed and financed by the Federal Reserve, with the profitable (so-called) Goldman Sachs fronting for much of this, including the bail out of the English real estate giant, Northern Rock. So dance to the music, or change it.

Some pix links:
Really Long Link
http: //ec1.images-amazon. com/images/I/51QT1PVWYWL._AA2 40_.jpg


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