Monday, September 22, 2008

America for Sale- Petrodollars Snatch up Foreclosures as More Americans Move into Tent Cities

Homeless encampments dubbed "tent cities" are springing up across the US, partly in response to soaring numbers of home repossessions, the credit crunch and rising unemployment, according to a report.

by Ray Fernandez

Today I spoke with a Real Estate broker friend in central Florida whose name I will keep confidential, I asked how he was doing during the real estate slump. He replied "What slump I am busier than a one arm paper hanger!"

"How so" I asked to which he replied.

"I got a group of investors from the middle east awash with petrodollars that are buying up the foreclosures as fast as I can get them."

Source: Tent cities on the rise
thought you might want to know


Anonymous said...

"We hold these truths to be self-evident, that all men are created equal; that they are endowed by their Creator with certain inalienable rights; that among these are life, liberty and the pursuit of happiness. That to secure these rights governments are instituted among men, deriving their just powers from the consent of the governed; that, whenever any form of government becomes destructive of these ends, it is the right of the people to alter or abolish it. . ."

Anonymous said...

Apparently the time has come for the public to begin to give more than idle thought to this crisis that threatens to literally remake the entire structure of this nation and the world

Anonymous said...

Who will speak for us?

The short answer is "no one" because we have chosen to abstain from speaking for ourselves. As a result; the government no longer fears the people; so the people having chosen not to have a voice, are increasingly used and abused to further the takeover that has now become impossible to escape.

Anonymous said...

Yeah, tent cities are something that are real, but are being largely swept under the rug by the silly politics of the oil/war/corpgov/anti-human parties. But, since tent cities are real and since a lot of people do live in them