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Ben Bernanke Proposes Massive Rental Scheme for U.S.

 
KnightsTemplar.TV
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01/05/2012 06:44 AM
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Ben Bernanke Proposes Massive Rental Scheme for U.S.
Today is January 5th and no less than 5 days after my prediction, Ben Bernanke has introduced an initiative for a massive rental scheme to the American people to off load government owned properties and of course, curb homelessness.

Hence, my predictions are coming true and can be verified as fact.


Here is the link to my prediction:

Thread: Real Estate and Mortgage Predictions for 2012 - ARMAGEDDON AHEAD!
-------------------------------------

Ben Bernanke Offers A Game-Changing Recommendation For The Housing Industry


In the release, the Fed suggests that the government find a way to convert a significant segment of the stock of real estate owned properties (REOs)—essentially, properties held by banks or other institutions after foreclosure—into rentals. While it refrains from making specific policy recommendations, it emphasizes the importance of doing something to help bear the burden of reviving the housing industry.

Ben Bernanke Said - The challenge for policymakers is to find ways to help reconcile the existing size and mix of the housing stock and the current environment for housing finance. Fundamentally, such measures involve adapting the existing housing stock to the prevailing tight mortgage lending conditions--for example, devising policies that could help facilitate the conversion of foreclosed properties to rental properties--or supporting a housing finance regime that is less restrictive than today’s, while steering clear of the lax standards that emerged during the last decade.

In fact, it goes so far at to suggest that the government could screw up the recovery if it doesn't start supporting such housing initiatives:

Looking forward, continued weakness in the housing market poses a significant barrier to a more vigorous economic recovery...

Read more: [link to www.businessinsider.com]
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
Anonymous Coward
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01/05/2012 06:47 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
The chosen people will get all this free real estate and sell it back to the goys.

GOOD IDEER.
KnightsTemplar.TV (OP)

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01/05/2012 06:49 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
The chosen people will get all this free real estate and sell it back to the goys.

GOOD IDEER.
 Quoting: Anonymous Coward 6986835


That is what it looks like 5a

saturnstar
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
KnightsTemplar.TV (OP)

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01/05/2012 06:54 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Thanks for the pin mods hf

This is important because it is in line with my prediction and our future here in the U.S. The first time in history where the Government controls millions and millions of homes.

Can anyone say, Agenda 21?

Last Edited by Gnostic Warrior on 01/05/2012 07:01 AM
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
KnightsTemplar.TV (OP)

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01/05/2012 07:01 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


Correct or we will be just like Japan where we are simply priced out of areas and a more controlled capitalistic/communistic hybrid society.

I look at the U.S. as being a melting pot of all ism's where we have crony capitalism, some socialism, a bit fascisim and a dash of communism. It seems like we have made a country and taken what we like from the isms and made a new ism.

Maybe we should all try and discover a new word (AKA a new ism) that describes our new realities because this is no longer really a democracy ran by capitalism. This is more than obvious to me. We certainly are not communist, socialist or fascists, but it looks like we have these elements in our American blood and these are our new realities.

Last Edited by Gnostic Warrior on 01/05/2012 07:01 AM
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
Anonymous Coward
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01/05/2012 07:15 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


Really?
One step closer every day.
Like a pill that's sweet on your tongue and bitter to your stomach.
Anonymous Coward
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01/05/2012 07:17 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


Military housing is the same way. More kids+ more Rank = more sq. feet.
Anonymous Coward
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01/05/2012 07:18 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
And now we know why the whole housing crisis was engineered in the first place.

They get to own the properties as collateral to alleviate some of the currency devaluation due to the money printing operation;transfer private property into gov't hands; and collect rent on the houses, as well as interest on the bailout along the way.

Anyone who thinks all of the events of the last decade have been unrelated and insignificant needs to have their head examined.

They're not even trying to hide it anymore.
KnightsTemplar.TV (OP)

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01/05/2012 07:22 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


Military housing is the same way. More kids+ more Rank = more sq. feet.
 Quoting: Anonymous Coward 1170814


I think that is fair, do you?
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
KnightsTemplar.TV (OP)

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01/05/2012 07:23 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Here is Bill Gross With More Doom:

Gross' letter is very gloomy.

The world has too much debt, too little trust, and is vulnerable towards total collapse.

He writes:

How many ways can you say “it’s different this time?” There’s “abnormal,” “subnormal,” “paranormal” and of course “new normal.” Mohamed El-Erian’s awakening phrase of several years past has virtually been adopted into the lexicon these days, but now it has an almost antiquated vapor to it that reflected calmer seas in 2011 as opposed to the possibility of a perfect storm in 2012. The New Normal as PIMCO and other economists would describe it was a world of muted western growth, high unemployment and relatively orderly delevering. Now we appear to be morphing into a world with much fatter tails, bordering on bimodal.

It’s as if the Earth now has two moons instead of one and both are growing in size like a cancerous tumor that may threaten the financial tides, oceans and economic life as we have known it for the past half century. Welcome to 2012.

Read more: [link to www.businessinsider.com]
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
KnightsTemplar.TV (OP)

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01/05/2012 07:28 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
And now we know why the whole housing crisis was engineered in the first place.

They get to own the properties as collateral to alleviate some of the currency devaluation due to the money printing operation;transfer private property into gov't hands; and collect rent on the houses, as well as interest on the bailout along the way.

Anyone who thinks all of the events of the last decade have been unrelated and insignificant needs to have their head examined.

They're not even trying to hide it anymore.
 Quoting: Anonymous Coward 967614


Yes, it is called the Great Homeowner Swindle and I wrote about it in 2007-2008.

I SAID THIS IN 2007!!!

---------------------------------------------

I feel like I’m playing a twilight zone game of monopoly.

I mean why pay a real estate agent 5-6% when you can control the entire transaction from A-Z? What about property management? You’re going to need to have that service because the majority of your real estate inventory will not sell.

Now you will be renting homes to the American people and I’m sure you will be calling them at dinner to sell them a mortgage while they send you rent every month.

“The Great American Homeowner Swindle”, starring Angelo Mozilo, coming to a foreclosed home near you.

[link to loanworkout.org]

My investigations into the foreclosure crisis and in particular the treatment of homeowners that seek help from their lenders as led me to believe that ”The Great American Homeowner Swindle” is being played out right now in every neighborhood in America.

Lets face it America. Lenders are just what I would like to call, “THE MOBS WHIPPING BOYS.” Their the fall guys that design these incredibly exotic loans and then in turn sell them to what I would like to call, ‘THE MOB”, the servicers who in turn work for the investors, who are all in on the scam.

[link to loanworkout.org]
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
Anonymous Coward
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01/05/2012 07:31 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


Military housing is the same way. More kids+ more Rank = more sq. feet.
 Quoting: Anonymous Coward 1170814


might be fair for the military just as tricare is (hmo) but would be unfair to the general population in a capitalist society.
Mia41

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01/05/2012 07:34 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Today is January 5th and no less than 5 days after my prediction, Ben Bernanke has introduced an initiative for a massive rental scheme to the American people to off load government owned properties and of course, curb homelessness.

Hence, my predictions are coming true and can be verified as fact.


Here is the link to my prediction:

Thread: Real Estate and Mortgage Predictions for 2012 - ARMAGEDDON AHEAD!
-------------------------------------

Ben Bernanke Offers A Game-Changing Recommendation For The Housing Industry


In the release, the Fed suggests that the government find a way to convert a significant segment of the stock of real estate owned properties (REOs)—essentially, properties held by banks or other institutions after foreclosure—into rentals. While it refrains from making specific policy recommendations, it emphasizes the importance of doing something to help bear the burden of reviving the housing industry.

Ben Bernanke Said - The challenge for policymakers is to find ways to help reconcile the existing size and mix of the housing stock and the current environment for housing finance. Fundamentally, such measures involve adapting the existing housing stock to the prevailing tight mortgage lending conditions--for example, devising policies that could help facilitate the conversion of foreclosed properties to rental properties--or supporting a housing finance regime that is less restrictive than today’s, while steering clear of the lax standards that emerged during the last decade.

In fact, it goes so far at to suggest that the government could screw up the recovery if it doesn't start supporting such housing initiatives:

Looking forward, continued weakness in the housing market poses a significant barrier to a more vigorous economic recovery...

Read more: [link to www.businessinsider.com]
 Quoting: KnightsTemplar.TV


I remember reading the above thread you posted here.

One day I was on Craigs list looking at jobs and noticed quite a few jobs listed under general labor and skilled trades that needed people to get these foreclosed homes repaired and cleaned fast. At the end of the ad it also said that the contractors taking on these jobs needed to get before and after pics to give to the bank. Not sure if it had anything to do with what you are talking about here, but for some reason, that is the first thing I thought of when reading these job listings.

I know that these houses in the area I live won't be selling anytime soon, so why the rush to get them repaired and cleaned? Probably like you said, to get them ready to be rented out.
Anonymous Coward
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01/05/2012 07:35 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
its a double edged sword, renting makes it easy for me to tell the boss im jacking in the job and going to livein thailand for 6months
coyles

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01/05/2012 07:36 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Today is January 5th and no less than 5 days after my prediction, Ben Bernanke has introduced an initiative for a massive rental scheme to the American people to off load government owned properties and of course, curb homelessness.

Hence, my predictions are coming true and can be verified as fact.


Here is the link to my prediction:

Thread: Real Estate and Mortgage Predictions for 2012 - ARMAGEDDON AHEAD!
-------------------------------------

Ben Bernanke Offers A Game-Changing Recommendation For The Housing Industry


In the release, the Fed suggests that the government find a way to convert a significant segment of the stock of real estate owned properties (REOs)—essentially, properties held by banks or other institutions after foreclosure—into rentals. While it refrains from making specific policy recommendations, it emphasizes the importance of doing something to help bear the burden of reviving the housing industry.

Ben Bernanke Said - The challenge for policymakers is to find ways to help reconcile the existing size and mix of the housing stock and the current environment for housing finance. Fundamentally, such measures involve adapting the existing housing stock to the prevailing tight mortgage lending conditions--for example, devising policies that could help facilitate the conversion of foreclosed properties to rental properties--or supporting a housing finance regime that is less restrictive than today’s, while steering clear of the lax standards that emerged during the last decade.

In fact, it goes so far at to suggest that the government could screw up the recovery if it doesn't start supporting such housing initiatives:

Looking forward, continued weakness in the housing market poses a significant barrier to a more vigorous economic recovery...

Read more: [link to www.businessinsider.com]
 Quoting: KnightsTemplar.TV


Ooh look at me, look at me everyone, I'm some kind of prophet.

Stop peacocking mate. its really unflattering.
Remember, many people are only still alive as it is ilegal to shoot the fuckers.
coyles

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01/05/2012 07:39 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Good post though, good karma for you.
Remember, many people are only still alive as it is ilegal to shoot the fuckers.
Anonymous Coward
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01/05/2012 07:44 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Bernanke -- JP Morgan reincarnated?


"When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd." - JP Morgan (1837 - 1913)
Anonymous Coward
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01/05/2012 07:59 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
And now we know why the whole housing crisis was engineered in the first place.

They get to own the properties as collateral to alleviate some of the currency devaluation due to the money printing operation;transfer private property into gov't hands; and collect rent on the houses, as well as interest on the bailout along the way.

Anyone who thinks all of the events of the last decade have been unrelated and insignificant needs to have their head examined.

They're not even trying to hide it anymore.
 Quoting: Anonymous Coward 967614


Bernanke -- JP Morgan reincarnated?


"When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd." - JP Morgan (1837 - 1913)
 Quoting: Anonymous Coward 2924495


clappa
NightWisp

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01/05/2012 08:01 AM

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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
I have A Great idea. Rent it to the folks that are homeless because they were foreclosed on.
Anonymous Coward
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^

...and depending on your rank in the party. Party members got the apartments with windows facing the street.
Anonymous Coward
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01/05/2012 08:01 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
The chosen people will get all this free real estate and sell it back to the goys.

GOOD IDEER.
 Quoting: Anonymous Coward 6986835



Not "sell" .. "rent"

And the funny thing is .. it did not cost them a penny.

Bank always wins.
KnightsTemplar.TV (OP)

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01/05/2012 08:03 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Good post though, good karma for you.
 Quoting: coyles


Thanks mate hf

Oh, and I was not trying to peacock ;) Just verify that I am not the typical GLP prophet and what I say does have validity.
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
in5d

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01/05/2012 08:04 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


In soviet russia, the houses rent the people
KnightsTemplar.TV (OP)

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01/05/2012 08:05 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
I have A Great idea. Rent it to the folks that are homeless because they were foreclosed on.
 Quoting: NightWisp


But they have to pay rent and if they could, they would be in a hotel or a rental already. Homelessness is usually caused by joblessness and or mental illness. Not being foreclosed on.
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
KnightsTemplar.TV (OP)

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01/05/2012 08:07 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^


In soviet russia, the houses rent the people
 Quoting: in5d


But doesn't this seem logical?

Why let fat rich people live in 6,000 square feet with 2 or 3 people, have 10 cars and live like gluttons as they destroy the earth and our society in the name of capitalism?
Regards,

Moe

[link to GnosticWarrior.com] THERE IS A WAR FOR YOUR SOUL!

[link to www.LoanSafe.org] FIGHTING BIG BANKS!
Anonymous Coward
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01/05/2012 08:22 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
You mentioned in your other post that we should prepare for the times ahead.

How to prepare exactly? Cash in the 401k? Buy gold? Stock up on food?

I am wondering if it would be a good idea to buy a place with land for growing?

Exactly how do you suggest to prepare?
Spitting Into The Wind

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01/05/2012 08:27 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
Feudalism is BACK! And better than EVER!
Anonymous Coward
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01/05/2012 08:28 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
And now we know why the whole housing crisis was engineered in the first place.

They get to own the properties as collateral to alleviate some of the currency devaluation due to the money printing operation;transfer private property into gov't hands; and collect rent on the houses, as well as interest on the bailout along the way.

Anyone who thinks all of the events of the last decade have been unrelated and insignificant needs to have their head examined.

They're not even trying to hide it anymore.
 Quoting: Anonymous Coward 967614


Why should they hide it?

With NDAA they can just make you disappear if you complain!
Anonymous Coward
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01/05/2012 08:31 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
This is another step closer to communism.

In soviet russia you were allotted a certain square footage of housing depending on the number of people in your family.
 Quoting: ^TrInItY^

...and depending on your rank in the party. Party members got the apartments with windows facing the street.
 Quoting: Anonymous Coward 8310858


Well yeah , its kinda inconvenient to put a laser on the window and see what they are doing or saying , if they have no windows. Asides I am sure they had a introduction film when appointed of "dissidents" being sniped through their windows .
Anonymous Coward
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01/05/2012 08:35 AM
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Re: Ben Bernanke Proposes Massive Rental Scheme for U.S.
100 year lease, maintain to own.
Anonymous Coward
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01/05/2012 08:37 AM
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5a

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