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sammark's Recent Activity
Big U.S. banks give $22 billion under mortgage relief deal
Mon Nov 19, 2012
Bernanke is buying 40 billion dollar worth of junk mortgages from these banks every month using newly minted money.
Housing recovery revs up as home resales rise
Mon Nov 19, 2012
How does high home prices fix the economy? Like this: Banks create money when we borrow. They do not lend existing money. Google for "HOUSING BUBBLE KONDRATIEFF WAVE" to understand how. This new money inflates the money supply and makes it easy to earn, makes it easy to pay old debt. This is why unc …
Stocks close higher as budget talks progress
Fri Nov 16, 2012
Stocks are a bubble! Enjoy the view from the top. Crash is going to dwarfGreat Depression. An entire world cannot borrow non-stop and then hope that allwill be fine when the pay back time arrives. The financial system as you know itwill end soon with bang. Google "PREPARE FOR MARKET CRASH" to under …
Borrower targeted for mortgage fraud, while bankers got bailouts
Wed Nov 14, 2012
It is all a con game. Why does Uncle Sam want higher home prices? Is it wrong if people can actually save to buy a home cash down? Why do they allow mortgage interest deduction from tax? Was housing bubble intentional? Was sub-prime intentional? Google for "WEB OF DEBT KONDRATIEFF WAVE" to understan …
Obama victory clouded by looming fiscal battle with Congress
Wed Nov 7, 2012
Romney or Obama, neither can fix the economy. To cover the government shortfall of income, tax rates will have to go up. Google for "kondratieff wave and your pension plan" to understand the economic pitfalls waiting for you. 401K is not a good idea anymore. Save after tax money. Pay tax now. Tax is …
Immigrants voting for first time: 'I have the right to have a voice'
Sat Nov 3, 2012
Voting for a president in the US is like picking a detergent brand. They are all owned by the same company. This election debate reminds of George Carlin. Presidents are there to give you the illusion that you have a choice. But you don't. You have owners. matrixisreal.wordpress.com/2012/06/10/ameri …
Economy creates more jobs than expected; jobless rate edges up
Fri Nov 2, 2012
The deficit of 1.5 trillion is funding 50 to 60 million jobs in America. We are borrowing to spend on consumer economy. These are all service sector jobs. Google for "CONQUER THE CRASH KONDRATEIFF WAVE" to understand why these jobs cannot be sustained. We need manufacturing jobs, science, engineerin …
'Fiscal cliff' warnings rise to (overblown?) fever pitch
Fri Oct 26, 2012
The finances of a country is quite different than the finances of a family. Google for "PREPARE FOR MARKET CRASH" to understand the root cause of the problem. In a debt based monetary system, the budget cannot be balanced for a long time because the money supply (all the money we have) was borrowed …
Economic growth picked up in the third quarter, new data show
Fri Oct 26, 2012
Today's economic problems are not about what we are doing today. But they are about what we have already done. For many decades, FED made credit easy, America borrowed. We have inflated the money supply, prices and salaries with borrowed money. Debt has reached excessive levels with FED's leadership …
Fed leaves rates unchanged, says economy growing at moderate pace
Wed Oct 24, 2012
FED does not control the markets. Coming crash is going to expose the FED. Google for PREPARE FOR THE MARKET CRASH to understand why. FED appears to be in control only when market goes up. FED was still acting to cut rates, providing stimulus during 2008-2009 crash all the way down. Eventually marke …
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