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RE: "We're the 99%, but you're not, so go away" - 11/6/2011 3:01:36 PM   
tj444


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quote:

ORIGINAL: thompsonx

quote:

ORIGINAL: tj444

quote:

ORIGINAL: thompsonx
Remember all of those houses that hud reposessed and is now offering for sale. You are not allowed to bid, only the ultra rich who can bring 1 billion to the table to bid on the houses that all of us paid for.

please post links proving that the 1% are the only ones that can bid on HUD houses.
I have been to the HUD site and most houses are offered first to Owner Occupants (& others later if still on the market) and every bidder has to go thru a HUD approved realtor as well.

http://www.csmonitor.com/Business/2011/1021/Six-ways-the-rich-really-do-get-richer/Housing-bargains-but-only-for-the-wealthy-and-uber-wealthy

Anyone can buy a property from HUD, there are properties as low as you want to go..
here is a whole house in AZ for $8,500 for an occupant owner or non-profit.. Knock yourself out. Find a property and buy the fucking thing.. No one is stopping you. Do you want to buy any real estate or do you just want to sit back and bitch (like most) and let these houses sit vacant and rotting away?

The problem with half the population is they are scared shitless about buying real estate and its mostly people that are willing to take the risk that buy, so owner occupiers willing to put in the work, and investors (both rich and not so rich) willing to do the work..

$8,500 house

HUD all of the US



< Message edited by tj444 -- 11/6/2011 3:08:43 PM >


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RE: "We're the 99%, but you're not, so go away" - 11/6/2011 3:56:31 PM   
tazzygirl


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Now they will be only up for sale to the 1% as blocks of property.

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Profile   Post #: 62
RE: "We're the 99%, but you're not, so go away" - 11/6/2011 4:50:14 PM   
thompsonx


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quote:

ORIGINAL: tj444

quote:

ORIGINAL: thompsonx

quote:

ORIGINAL: tj444

quote:

ORIGINAL: thompsonx
Remember all of those houses that hud reposessed and is now offering for sale. You are not allowed to bid, only the ultra rich who can bring 1 billion to the table to bid on the houses that all of us paid for.

please post links proving that the 1% are the only ones that can bid on HUD houses.
I have been to the HUD site and most houses are offered first to Owner Occupants (& others later if still on the market) and every bidder has to go thru a HUD approved realtor as well.

http://www.csmonitor.com/Business/2011/1021/Six-ways-the-rich-really-do-get-richer/Housing-bargains-but-only-for-the-wealthy-and-uber-wealthy

Anyone can buy a property from HUD, there are properties as low as you want to go..
here is a whole house in AZ for $8,500 for an occupant owner or non-profit.. Knock yourself out. Find a property and buy the fucking thing.. No one is stopping you. Do you want to buy any real estate or do you just want to sit back and bitch (like most) and let these houses sit vacant and rotting away?

The problem with half the population is they are scared shitless about buying real estate and its mostly people that are willing to take the risk that buy, so owner occupiers willing to put in the work, and investors (both rich and not so rich) willing to do the work..

$8,500 house

HUD all of the US





This from the cite I posted from bloomberg bussiness weekly.
1. Housing bargains – but only for the wealthy and uber-wealthy
From this recent article on TheStreet.com:

The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors — vulture funds. These homes, which are now the property of the U.S. government, the U.S. taxpayer, U.S. citizens collectively, are going to be sold to private investor conglomerates at extraordinarily large discounts to real value. You and I will not be allowed to participate.

The reason “you and I will not be allowed to participate” is that these properties will only be sold to those that can bring “a billion dollars or more to each transaction” – entities like hedge funds, foreign sovereign wealth funds, or companies like Goldman Sachs.

Even if you’d like to buy just one home at public auction, prepare to show up with serious cash. Traditional foreclosure auctions where individual properties are sold at the largest discount typically require cash within 24 to 48 hours. See our story How to Buy a Foreclosure.

(in reply to tj444)
Profile   Post #: 63
RE: "We're the 99%, but you're not, so go away" - 11/6/2011 8:07:50 PM   
tj444


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quote:

ORIGINAL: thompsonx
This from the cite I posted from bloomberg bussiness weekly.
1. Housing bargains – but only for the wealthy and uber-wealthy
From this recent article on TheStreet.com:

The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors — vulture funds. These homes, which are now the property of the U.S. government, the U.S. taxpayer, U.S. citizens collectively, are going to be sold to private investor conglomerates at extraordinarily large discounts to real value. You and I will not be allowed to participate.

The reason “you and I will not be allowed to participate” is that these properties will only be sold to those that can bring “a billion dollars or more to each transaction” – entities like hedge funds, foreign sovereign wealth funds, or companies like Goldman Sachs.

Even if you’d like to buy just one home at public auction, prepare to show up with serious cash. Traditional foreclosure auctions where individual properties are sold at the largest discount typically require cash within 24 to 48 hours. See our story How to Buy a Foreclosure.

Now people want to whine about not being allowed to participate??? People have been allowed to participate in buying HUD homes for 4 years now. Its like a little kid that gets all huffy cuz another little kid comes along and starts playing with a toy he hasnt played with in years.. Yeah, much better that these houses sit and rot away cuz no one wants to buy them regardless.. Btw, some banks have been block selling to vulture companies for years now.. but this all will end once the glut of foreclosures end..

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Profile   Post #: 64
RE: "We're the 99%, but you're not, so go away" - 11/6/2011 8:49:51 PM   
SternSkipper


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quote:

Any proof of that part? That is not only "people" meant, but specifically people who don't have homes to go back to?


He's go NO PROOF of ANY of it... I have NEVER heard of anyone turned away from a meal or shelter in ANY of the camps.
And frankly, we're real sorry the Mayors and Police departments don't maintain cities that are crime-free. But that's just the way the cities are.
There isn't a SHRED of evidence the MOVEMENT is contributing new faces in terms of a criminal element.
   And what's funny is in the video, which looks almost like bad outtakes, nobody ACTUALLY says anything that sounds more than a description of WHY people can't be thrown out. They are talking about the GA process from what I can tell and I even here statements like "we can't actually throw people out anyway" and "we need to have these people help us help them (I think the 'hoody' guy is in the OWS outreach  for Dallas). Ya watch Fox long enough though and your head gets so soft, you'll believe anything they tell ya.



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Profile   Post #: 65
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 5:13:38 AM   
DissolvedGuy


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quote:

ORIGINAL: SternSkipper
He's go NO PROOF of ANY of it... I have NEVER heard of anyone turned away from a meal or shelter in ANY of the camps.


Really? Try reading the original article. Or just google "ows and homeless." The article in the OP, which also included a video news feed that was shown on local TV here for DAYS was all about them turning homeless away because they didn't want them to "drain" their "donated" resources.

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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 9:57:06 AM   
GotSteel


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If the rest of the protesters don't want to be around homeless people I don't blame them. Homeless people are homeless for a reason.

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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 10:00:53 AM   
Lockit


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quote:

ORIGINAL: GotSteel

If the rest of the protesters don't want to be around homeless people I don't blame them. Homeless people are homeless for a reason.


What reason(s) would that be? While there are many reasons and some fault could be on the homeless person... there are also reasons that cannot be a personal fault of the homeless.


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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 10:05:02 AM   
Lucylastic


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hugely arrrogant statement, there Steel

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Profile   Post #: 69
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 12:44:21 PM   
thompsonx


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quote:

ORIGINAL: tj444


quote:

ORIGINAL: thompsonx
This from the cite I posted from bloomberg bussiness weekly.
1. Housing bargains – but only for the wealthy and uber-wealthy
From this recent article on TheStreet.com:

The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors — vulture funds. These homes, which are now the property of the U.S. government, the U.S. taxpayer, U.S. citizens collectively, are going to be sold to private investor conglomerates at extraordinarily large discounts to real value. You and I will not be allowed to participate.

The reason “you and I will not be allowed to participate” is that these properties will only be sold to those that can bring “a billion dollars or more to each transaction” – entities like hedge funds, foreign sovereign wealth funds, or companies like Goldman Sachs.

Even if you’d like to buy just one home at public auction, prepare to show up with serious cash. Traditional foreclosure auctions where individual properties are sold at the largest discount typically require cash within 24 to 48 hours. See our story How to Buy a Foreclosure.

Now people want to whine about not being allowed to participate??? People have been allowed to participate in buying HUD homes for 4 years now.

The article points that out. How many people do you know with $10,000 to $300,000 cash to buy one of those homes?

Its like a little kid that gets all huffy cuz another little kid comes along and starts playing with a toy he hasnt played with in years..

Not at all, it is like a little kid gets all huffy cuz another little kid comes along and uses huge gobs of cash to buy what he already paid for.

Yeah, much better that these houses sit and rot away cuz no one wants to buy them regardless..fo

No far better that these houses be sold at auction to all potential homeowners (no speculators...remember that is one of the causes of this problem)and those buyers not be required to pay the full price within 24-48 hours but instead be given reasonable terms for the purchase.

Btw, some banks have been block selling to vulture companies for years now.. but this all will end once the glut of foreclosures end..

Had they been selling to private individuals and giving reasonable terms there would be no glut.



< Message edited by thompsonx -- 11/7/2011 12:45:52 PM >

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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 3:27:22 PM   
GotSteel


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quote:

ORIGINAL: Lucylastic
hugely arrrogant statement, there Steel

Have you ever camped next to a homeless person? Because this summer I had the misfortune of doing so on a number of occasions.

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Profile   Post #: 71
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 4:29:05 PM   
pyroaquatic


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From: Pyroaquatica
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I've been homeless.

It sucks and you are demonized. Yes there are plenty of reasons.

The sadness in all of this is that for each knock of an Occupy Meme is a pluralistic plug of people who actually go and participate in such a movement. Active contributors, collaborators, and organizers are working like a swift micro-government in the confines of a macro-government.

And to say that OWS 'attracts' something and is wrong is a little strange. IF there was no problem or issue with homelessness then what would OWS attract?



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As your desire is, so is your will.
As your will is, so is your deed.
As your deed is, so is your destiny.
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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 4:35:20 PM   
Lucylastic


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quote:

ORIGINAL: GotSteel

quote:

ORIGINAL: Lucylastic
hugely arrrogant statement, there Steel

Have you ever camped next to a homeless person? Because this summer I had the misfortune of doing so on a number of occasions.

Ive been homeless twice..
Im sorry that was the only mark it left on you.


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Profile   Post #: 73
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 5:00:08 PM   
tj444


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quote:

ORIGINAL: thompsonx

quote:

ORIGINAL: tj444
Now people want to whine about not being allowed to participate??? People have been allowed to participate in buying HUD homes for 4 years now.

The article points that out. How many people do you know with $10,000 to $300,000 cash to buy one of those homes?

Its like a little kid that gets all huffy cuz another little kid comes along and starts playing with a toy he hasnt played with in years..

Not at all, it is like a little kid gets all huffy cuz another little kid comes along and uses huge gobs of cash to buy what he already paid for.

Yeah, much better that these houses sit and rot away cuz no one wants to buy them regardless..fo

No far better that these houses be sold at auction to all potential homeowners (no speculators...remember that is one of the causes of this problem)and those buyers not be required to pay the full price within 24-48 hours but instead be given reasonable terms for the purchase.

Btw, some banks have been block selling to vulture companies for years now.. but this all will end once the glut of foreclosures end..

Had they been selling to private individuals and giving reasonable terms there would be no glut.


You obviously have not even looked at the HUB site! You do not need all cash, if you can qualify for a mortgage you can buy. Again, no one is stopping you!
These properties are also listed on Zillow.
These properties can be financed, some also qualify for the 203(k) reno program. These properties are offered to occupant owners first, then to anyone.

Who can buy a HUD home? Answer: Anyone! If you have the cash or can qualify for a mortgage, you can purchase a HUD home.

HUD's special homebuying programs Good Neighbor Next Door(formerly known as Teacher/Officer/Firefighter Next Door)
Hurricane Evacuees discounted sales
Homeownership for public housing residents
Indian Home Loan Guarantee Program(Section 184)

What are the listing periods?
Properties can be in one of four listing periods, depending on the type of property, the Bid Open Date, and how long it has been on the market. These listing periods are:

Lottery: For an insured or uninsured single unit property in a revitalization area, plus all other uninsured properties. The initial listing period is seven (7) days. The next listing period is the Exclusive period.

Exclusive
(a) For insured properties not in a revitalization area, the initial listing period is thirty (30) days. The next listing period is the Extended period.
(b) For uninsured properties not in a revitalization area, the initial listing period is five (5) days. The next listing period is the Extended period.

Extended: This listing period is a total of one-hundred-and-eighty (180) days in the listing period. The next listing period is the Dollar listing period for homes that have an as-is appraisal value of $1 to $25,000. Those homes whose value is zero dollars or greater than $25,000 dollars continue on in an open-ended Extended listing period.



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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:13:00 PM   
switchingroles


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So what are OWS protesting? Income in equality? Why are they mad at banks? Do banks pay them? Why do banks act the way they do? Do they want to freeload or do they want a fair chance at success?

If they do not like the way banks act, look at the people that make the bank regulations. The government (Republican and Democrat). The free market worked on the bank fees, if you don't like they way they do business, then go to a different bank. You make a vote everyday with how you spend your money, go elsewhere if you don't like it. Simple. But banks should be on an equal playing field that means get the government out of it. They create bubbles that eventually burst. See Fannie and Freddie over 1,000,000,000,000 caused by the government NOT banks. If you are told otherwise, you are being lied to.

If they want a fair chance, they need to complain to the ones that pick winners and losers as opposed to letting you stand on your own merits. That is what the government does, picks winners and losers (Republican and Democrat)

The single biggest injustice to the poor is the government borrowing and printing more money. It devalues the dollar and makes prices go up causing the poor to pay more.

Someone said "why don't you want a black man back as President" not directed at me, but towards the "1%" or "a republican" a topic nonetheless. I don't care if he or she is black or white. I would take Thomas Sowell or Alan West as President in a second. And since most people here do not care to educate themselves. Thomas Sowell and Alan West are black. http://en.wikipedia.org/wiki/Thomas_Sowell 

To clear up that Republicans are racist. I'm still trying to find the speech it's on youtube. Even Farrakhan said the Democrats have done nothing for the black man. They promise you but never deliver. Let's look at a few facts. Lincoln freed the slaves (Republican) military was integrated we had black judges and congressman, Wilson (democrat) segregated the military. Margaret Sanger (Democrat) started planned parenthood who's goal was to abort undesirables including blacks. "Margaret Sanger is my hero" Hillary Clinton in one of her run for Pres speeches. Eisenhower (Republican) tries to put thru the civil rights bill three times and each time was denied by the Senate Majority Leader Johnson (Democrat) Johnson becomes President after Kennedy is shot and puts thru the bill as his own for political clout. Senator Byrd (Democrat) filibusters against civil rights bill and is also a member of the KKK.  Now which party is racist? Historically the Democrats have used whatever minority they could to bring them votes and power but have done nothing to improve the lives of those they control. Look at every single major city all democrat mayors, the worst crime and the worst schools. Speaking of school, the worst performing schools are all union schools. That is a whole other topic.

When I was younger I fell for all the BS. I remember the rhetoric, Republicans are bad, bad corporations, keepin you down. I thought I was a Democrat. I watched Back to School thought the Marxist quotes were cool, wanted to be just like Robert Downey...Then I started to learn, get more involved with history not indoctrination, with facts not infatuation and then I thought I was a republican. that lasted a few years until I saw that while they were certainly better than democrats as far as lots of things, they had begun to take away our rights after 9/11 allowing the Patriot Act to happen (see the Ben Franklin quote a couple posts up. That is on my bumper. At the time the Democrats complained all about the Patriot act, our right our rights, yet they just renewed it didn't they? With more intrusive wording. They say one thing and do another, it goes for both parties but YOU seem to have the memory of a pea and keep voting the same way over and over again.

Why was there a Christmas ornament of Chairman Mao on the White House Christmas tree? Do they not know history? Or do they not care? MAO killed over 40,000,000 of his people. Socialism and Communism killed another 30,000,000 or so.

Do you want freedom? The ability to succeed on your own? Not be a leech? Then you need to learn about Libertarians. Libertarians believe that man can rule himself. Free markets without government intrusion. The military is for defense, not offense. Property rights, the government can not take you land to give it to a developer. You own your body meaning you can do with it as you please, smoke weed all day or do yoga and eat carrots, shove them up your ass your choice, it is your body as long as you don't harm anyone else.

All you OWS need to be in front of the White House and the Capitol. DC is where the problem is.

< Message edited by switchingroles -- 11/7/2011 6:21:19 PM >

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Profile   Post #: 75
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:21:32 PM   
Lucylastic


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a day late and a dollar short and huge on the libertarian bullshit
welcome to the boards, but please dont expect anyone to buy your particular line of thought< we came we saw, we learned ... and are waiting for the rest of you to realise YOUR truth is false.
Fannie and freddie didnt lose your country 8 million jobs.
Oh and BTW I dunno if you are aware of anything outside your border but OWS is worldwide
seven continents and nearly a thousand cities
this is bigger than Obama, this is bigger than libertairianism, this is bigger than republicans.


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Profile   Post #: 76
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:42:22 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
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quote:

So what are OWS protesting? Income in equality? Why are they mad at banks? Do banks pay them? Why do banks act the way they do? Do they want to freeload or do they want a fair chance at success?


Do you understand what they mean by "income inequality"? From your post, I can tell you dont. Was it Washington who set the 5 dollar rate for ATM fees for accounts 20,000 or less?

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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Profile   Post #: 77
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:43:38 PM   
tazzygirl


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Joined: 10/12/2007
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She is also under the misinformation that the OWS is a Democratic movement.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Lucylastic)
Profile   Post #: 78
RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:47:02 PM   
switchingroles


Posts: 4
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You are right, it is happening all over. Spain, Argentina, Greece, Italy, Portugal. The ones that do not pay into the system want more and more out of the system from the ones that do pay but there is nothing more to give. So the politicians are going to say, we can help you, just do like we say, and everyone is going to follow along and all the power will be at the top. Then markets crash and rationing begins as there is no production, food crisis because the governments have taken the land and no one knows how to grow, then there are the ones that won't fall into line in the perfect little robot army and they will be some of the 20 or 30 million that get killed off. Then the world will go thru another couple hundred years until people yearn for freedom and rise up to create another America.

Its happening, I know, I am ready... Are you?


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RE: "We're the 99%, but you're not, so go away" - 11/7/2011 6:49:15 PM   
tazzygirl


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Ahem.... you do realize 85% of these people have jobs, yes?

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to switchingroles)
Profile   Post #: 80
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