Final Vid part 6 of 6Wall Street Journalonline.wsj/article/SB12414... Victorville model homes being demolished.BREAKING NEWS Developing: Another bank will begin the tear down of 20 Temecula homes in Southern California.NEW HOMES DEMOLISHEDBy Patrick Thatcher, staff writer for, Daily PressVictorville- The housing collapse is taking a literal form for one bankrupt housing development. Four model homes and 12 nearly finished spec homes at Bear Valley Road and Highway 395 are being demolished.The developer filed bankruptcy about 18 months ago and the foreclosed property went to Guaranty Bank in Irvine.A Guaranty Bank official, Real Estate Officer Dean Smith, said they were facing daily fines from the city of Victorville if they didnt do something with the homes and property that not up to code. He said it was a choice of pumping their own money into property site improvements and additional money to bring the home up to code or tear down the 16 homes.Smith said the bank is not in the building or land development business and because of the current housing market does not see anything happening with the property for at least five years.Our only option is to either proceed with putting more than a million bucks into the land, which weve already taken a huge hit on and lost a lot of money, or, we tear down the houses, Smith said.He said the builder put up the homes before completing the site improvements and failed to have enough money to finish roads, walls, and other improvements that bring the community into code.Everything just fell apart at that point and we cant sell homes that are not up to code, Smith said.He said the city of Victorville fined the bank once because the home are out of code and would have faced daily fines if Guaranty didnt do something with the vacant houses. There are still substantial dollars that need to be put into the land before the city of Victorville will give certificates of occupancy on the houses and the bank isnt willing to put forward that amount of money, Smith said.He said the homes are a liability to Guaranty and that all of them are heavily vandalized inside and out with broken glass everywhere.Our projections are that those houses would sit the way they are for at least five years, what would they be worth then? Smith said.He said once the homes are demolished the property will be put on the market again. Calls to the developer were not returned.Patrick Thatcher may be reached at 760-951-6227 or at pthatcher@VVDailyPressPart 5 Videocom/watch?v=ZsgOaC...
BAIL OUT BANK DEMOLISHES NEW MODEL HOMES- HOUSING MARKET COLLAPSE
Posted by Mike at 1:34 AMPosted in bank, cnn, Demolished, destroyed, Edition, estate, Guaranty, Homes, Inside, Journal, market, MLS, model, MSNBC, new, Real, realtor, Steet, Victorville, wall |
8/29/2009 Peter Schiff On Your Money: The Turning Point?
Posted by Mike at 1:33 AMMake Sure To Subscribe To Peter Schiffs' Official YouTube Channel At com/user/SchiffReport To Be Notified Immediatelly When Peter Posts A New Economic Video Blog Update!! ---------------------------------------- ----------------------------- "Visit com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. ---------------------------------------- ------------------------------ Connect With Me On Facebook: com/profile.php?i... ---------------------------------------- ------------------------------ Follow Me On Twitter: twitter/PhilDeCarolis ---------------------------------------- ------------------------------
Posted in Barack, cnn, Faber, Gold, hyperinflation, Jim, Marc, money, obama, Paul, peter, Rogers, Ron, Schiff, Your |
1/10/2009 Peter Schiff On Your Money: Obama's Plan
Posted by Mike at 1:33 AMVisit com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.
Posted in 10, 2009, cnn, depression, hyperinflation, January, Leeb, money, Paul, peter, recession, Ron, Schiff, Stephen, Your |
4/18/2009 Peter Schiff On Your Money: Banking On TARP
Posted by Mike at 2:26 AM
Visit com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.
Posted in cnn, Faber, Gold, Jim, Marc, money, Paul, peter, Rogers, Ron, Schiff, TARP, Your |
CNN: How Going Green Can Save You Money
Posted by Mike at 1:24 AM
CNN Personal Finance Editor Gerri Willis explains how going green can reduce your energy bills, April 25, 2007 ... read more at thegreenmiles.blogsp...
Posted in cnn, energy, gerri-willis, going-green, money |
Peter Schiff - Dec 6 - CNN Your Money - Part 2
Posted by Mike at 12:08 AM
Dec 6 - Peter states that many of the jobs we are losing now should not have ever been created. He goes on to insist that America needs to start creating wealth through production and saving.Peter is correct in stating that the Government doesn't have the money it's using to bailout out various industries, they are essentially printing money out of thin air.Part 2 of 2sharewave.org
Posted in black, cnn, crash, Dec, depression, Friday, Headline, market, Meltdown, money, news, peter, recession, Schiff, Your |
Meet The Press Bobby Jindal Rejecting Stimulus Money
Posted by Mike at 9:19 AM
Bobby Jindal rejects money from Fiscal Bridge To Nowhere Act of 2009
Posted in Bobby, Cairo, cnn, Crist, Foxnews, iraq, Jindal, Meet, Oscars, Palin, press, Rendell, Sanford, Sunday, the |
The Money Masters: who REALLY rules the world (1 - Fed)
Posted by Mike at 5:57 AM
Summary of 9/11 scepticism:outsidethebluepillcave.blogspo...#1For a full list of doubters:patriotsquestion911/Military leaders questioning the OCT:georgewashington.blogspot/...CIA veterans doubting:com/articles/gene...Engineers & architects doubting:org/Physicists doubting:physics911.net/Pilots doubting:org/High-level officials doubting:911proof/7.htmlIn a recent Zogby International poll (September 06, 2007):51% of Americans want Congress to probe Bush/Cheney regarding 9/11 attacks;over 30% seek immediate impeachment;67% fault 9/11 Commission for not investigating anomalous collapse of World Trade Center 7911truth.org/article.php?story...Protest in Brussels for 911 Truth (09 Sep 2007):com/watch?v=LyuwQY...#2But surely this could not have happened, I mean, governments would not actually resort to terror attacks to advance their interests. Would they?Unfortunately, yes they would.Actually, they have a history of doing so.Operation Ajax:From the archives of the New York Times, the British and US involvement in overthrowing Mossadegh in Iran:com/library/world/...Operation Northwoods:Operation Northwoods was a 1962 plan by the US Department of Defense to enact acts of terrorism and violence on US soil or against US interests, blamed on Cuba, in order to generate U.S. public support for military action against the Cuban government of Fidel Castro.en.wikipedia.org/wiki/Operatio...Operation Gladio:en.wikipedia.org/wiki/Operatio...Other false flag operations:joecrubaugh/blog/10-false-...US Marines Major General Smedley Butler, the most decorated Marine in US history, figured out what war is all about:en.wikipedia.org/wiki/Smedley_...org/ratville/CAH/w...#3Right, I see. What are some good links for further research?911research.wtc7.net/index.html911truth.org/index.phpThe Journal of 9/11 Studies is a peer-reviewed, open-access, electronic-only journal covering the whole of research related to 9/11/2001.journalof911studies/Of particular interest is a paper by physicist Dr. Steven Jones (link opens .pdf document):com/vo...Scholars for 9/11 Truth & Justice:stj911.org/Dr. David Ray Griffin's books:- The new Pearl Harbour (recommended by Gore Vidal)- Debunking 9/11 debunking#4The bigger picture:Historian and professor Dr. Antony Sutton's book on 'Skull and Bones' (link opens .pdf document):sandiego.indymedia.org/media/2...orcom/account/file.j...Of particular interest is the chapter: 'How the Order creates war and revolution'Bilderberg 2007 (Istanbul Turkey) - attendees list:com/watch?v=QFWLIs...Guardian article about America on its way to fascism:co.uk/usa/story/0,,2064157,00.htmlGuardian article about the connection of Bush's grandfather to Hitler's finances:co.uk/germany/article/0,,1312542,00.htmlRelated video with researcher / journalist:com/watch?v=RnAUQe...MoneyWhat it is, how it is created & how its supply is regulated and controlled.Recommended viewing: Money as debtvideo.google/videoplay?doc...com/watch?v=USE5gv...Zeitgeist (documentary):com/watch?v=fUGJMv...video.google/videoplay?doc...Action:First of all, your actions are important and can make a difference:com/watch?v=OqK3KC...What you can do:info/9-11Please feel free to spread this material to your friends and acquaintances.
Posted in analysis, Banking, bbc, bush, cabal, cnn, comment, elite, hillary, illuminati, iran, iraq, masters, money, news, nwo, obama, rothschild |
3/1 CNN Your Money: Talks of Great Depression Coming
Posted by Mike at 8:55 AM
Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Many financial experts outside of mainstream has spoken about an economic collapse for years; such as Bob Chapman from theinternationalforecaster/DISCLAIMER: RedPill4u does not own this video footage, it belongs to their respective owners under the Fair Use policy and terms.The percentage of elected officials saying their community has experienced the following over the past year:Increase in foreclosures: 62%Increase in need for temporary assistance: 53%Decrease in city revenue: 33%Increase in abandoned/vacant properties: 33%Increase in homelessness: 22%Source: National League of Cities' Insta-Poll of 1,240 local officials, based on 211 responsesIt will only get worse, but they've already have a plan for you. You'll be introduced to a regional currency 'Amero' then eventually a global currency. Hey, I'm not a prophet, I just read what they speak of. Sadly, many of you will fall to the deception because of your coming economic demise. Unfortunately, It shouldn't have come to this, but many of you are slaves to group blaming. (Republican vs. democrat, conservative vs. liberal, etc)The End of National Currencyorg/2007050...Washington Post: time to ditch the dollar for new currencycom/wp-dyn....The CFR, Robert Pastor and the NAUcom/...Problem, reaction then solution."Being ahead of the masses in your observations of economic trends is no way to win a popularity contest. If you're 30 days ahead of the masses, you're considered a genius; but if you're two years ahead, you're considered insane. It makes me wonder about the experiences of historical geniuses like Nikola Tesla, since they were at least a hundred years ahead in their understanding of science." -Mike AdamsPlease explore these articles:FDIC Girds For Bank Failures & The FDIC Will Seek to Rehire 25 of It's Own Retired Members, Many of Whom Specialized in Bank Closings.com/print/story/...com/apps/pb...Wall Street Bank Runcom/wp-dyn/...US Properties Plunge Into Negative Equity Than At Any Time Since The Great Depression Of The 30's co.uk/business/20...U.S. Credit Markets Collapsing!hosted.ap.org/dynamic/stories/...America's Economy Risks the Mother of All Meltdowns news.yahoo/s/ft/20080219/b...U.S. Mortgage Crisis Spreads Past Subprime Loans! com/articles/2008/02/1...Dozens of U.S. Banks Will Fail by 2010com/ottawacitizen/n...Wealthy Investor Jim Rogers Warns About Economy, 'It's Going To Be Much Worse' money.cnn/2008/01/30/news/...Crisis may make 1929 look a 'walk in the park'co.uk/money/main...World Economic Situation Serious - IMFnews.smh.au/world-economic...Full global impact phase of the Very Great US Depressioneu/GEAB-N-21-is-a..."If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too." -Somerset MaughamDerivatives the new 'ticking bomb'com/news/story...
Posted in cnn, crisis, depression, Economy, federal, financial, Gold, housing, markets, money, news, Paul, reserve, Ron, stocks, subprime |