What you are about to read is shocking, but true.
My day job surrounds me with banksters, investors, and some of the so-called “Elite”. What they’ve recently shared with me actually makes me physically ill, as I’m sure my headline already does to you.
If you’re skeptical, let me save you some time & energy to make you realize that what I’m about to tell you is well documented. It’s also one of the greatest tragedies of our generation.
Two offices down from me is proof that mortgage lending “insiders” are foreclosing on American families who’ve struggled paying their $200,000 mortgage; evicting the borrowers and their families, then selling the homes en masse via 100+ blocks of homes to their crony friends —- for pennies on the dollar.
The other day I was shown a listing of 180 homes that contained approximately 23 Michigan property addresses. The insiders bid and purchased Michigan homes for $516 each! What’s even more disturbing; some of those properties had recently been listed with a Michigan real estate agent (what the real estate industry calls an “REO“) and had offer’s pending upwards of $50-$60,000. Prior to being purchased by the insiders, calls were made by the investors to real estate agents who confirmed that they “….had offers pending when the listing was suddenly pulled by the banks!!!!!!….” — and, as I now know it, ultimately sold for pennies on the dollar to the inside investors.
The bottom line tragedy: Struggling families had their houses sold out from under them, and they’ve been kicked to the curb because they failed to make payments on their $200,000 mortgages —- that the banks claim “that they couldn’t couldn’t afford and were never qualified for to begin with”. Homeowners have been aggressively evicted via the court system; rendered homeless, only to have their home dished off to the rich, inside cronies who’ve built a lucrative network of investors who will profit from the misery of desperate homeowners.
One of the members of the insider investor group was recently consider by the Obama’s administration for a high level position with the FDIC. He declined to accept the postion because of his booming business venture. Based in Florida, he flies around the nation evaluating and scooping up foreclosures fed to him by his bankster-friends working inside major lending institutions.
At one time, it was my opinion that elected Government officials are impotent in helping homeowners in jeopardy of foreclosure. Then I realized that their only obligations are to their well-connected cronies. On Friday I recceived a personal letter from California Governor Arnold Schwarzenegger that said, “I appreciate hearing from my consituents on matters that are important to them”. Well, Governor Schwarzenegger, you letter offering assistance to 62 year Mr. David B. was 1 month too late. Indymac foreclosed and evicted Mr. B., and since the property was located in California, I’m sure Indymac was able to get at least a few thousand bucks from one of their “well-connected” insiders.
If you ever wondered why banks are so aggressive with foreclosing on your home, just remember that the “insiders” can’t make very much profit on their deals if you stay in your home.
SPECIAL NOTE: If you are a member of a major alternative media outlet (preferably Alex Jones), I’d be glad to share verifiable documentation and audio recordings with you. Contact me at (760) 684-8038 anytime so I can arrange to make you throw up from disgust right along side me. If you’re a Government official, go talk to one of your cronies.