Wednesday, March 18, 2009

We can do better than government backed market depletion....

I would like to remind everyone of the results of the RTC which was a mere couple hundred billion dollars worth of assets, it created a mild recession. The assets were sold for pennies on the dollar and cost the municipalities across America to suffer loss in tax base due to the decline in market value of all housing. There are over fourteen TRILLION dollars worth of assets. The unscrupulous greed of the the so called smart people came up with a few items called mortgage securities bundle & derivatives thereof, this created an illusion of growth, a virtual house of cards. This has been identified by the media and reported as such. So now where do we go from here? We capture one hundred percent of the asset value by implementing the redistribution method through a federal housing lottery system. No matter how you look at it we are going to pay once again for these asset, we should get the bang for the buck we deserve. It pays the debt and jump starts the economy. Investors that are willing to purchase the assets with Government back loans will pay only 10 or 15 cents on the dollar,this way will deplete the tax base and area market values because we are already in a recession it will send us into a deep depression.Which means those of you whom are in the hard hit areas already will suffer the most. So either lift up your voice and ask everyone you have contact with to gain the understanding of what the American Dream Housing Lottery Plan is,Read.....Support....Spread.... or prepare for a the very harsh reality of The American Dream Depression. Grace be with you all.... Let's have a conversation! What would you do with a debt free capital asset(house)?

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