FREEDOM & LIBERTY is for EVERYONE!!!. . . . .

Folks from all over the world have accessed this site. The desire to be free of the shackles of fascism, socialism, communism and progressivism are universal. Folks just want to live their lives and be left alone... Dammit!

"People don't like to be meddled with. We tell them what to do, what to think. Don't run. Don't walk. We're in their homes, and in their heads, and we haven't the right. We're meddlesome." River Tam referring to the government.

Not Politically Correct. . .

"Be not intimidated...
nor suffer yourselves to be wheedled out of your liberties by any pretense of politeness, delicacy, or decency.
These, as they are often used, are but three different names for hypocrisy, chicanery and cowardice."
- John Adams

Abraham Lincoln

To quote Jack Donovan’s Violence is Golden: ‘Without action, words are just words. Without violence, laws are just words. Violence isn’t the only answer, but it is the final answer.’

In a world gone mad we are the villains. We wield the truth and the light. In the end we will only be answerable to ourselves and our God. If we win then we inherit the earth, if we lose we get to Heaven.

Friday, February 12, 2010

This from Agora Financial's 5 Min. Forcast. . . . . Listen up!

This is rampant in the banking industry and when these "bad" loans come home to roost,  disaster will strike.   When these mortgage defaults hit,  banks will be falling like dominoes.  There will be no stopping this one.

From Agora:   “I was confused,” a reader writes, “by the two data points with which you began yesterday's newsletter.  You noted that there were over a 1,000 homes repossessed this past December and then immediately went on to note that there were over 2.8 million US foreclosures last year -- obviously, about 233,333 per month on average.
“Does this imply banks are foreclosing, but hardly ever repossessing or is there some potential data incongruity here (or just some obvious point I am missing)?”
The 5: There’s a whole lot of that going on. This is the “shadow inventory” phenomenon we documented last week courtesy of Dr. Housing Bubble, one of the few people attempting to quantify it. His work focuses on California, but there’s anecdotal evidence from all over that people are living in their homes for well over a year after getting a notice of default.

Want to know more?  Click here.

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