Open House Picks: Six Months Later
Comment: Paging Team Bear. Open House Picks 8/7/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Paging Team Bear.
Open House Picks 8/7/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
bainbridge is still listed at the same price!
http://corleyre.com/2010/01/02/for-sale-4-family-townhouse-bainbridge-street-stuyvesant-heights-brooklyn-ny-11213-crg1002/
the listing reads “A significant value available in today’s market.” perhaps the broker is selling this from the future.
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Great. The pickpocket on the street takes $2 out of your pocket
and slips $1 back and says “look! I am helping you out here!” “be grateful
that I am stealing from you because I am returning half of what
was stolen back to ou!”
moreover the money given to wall street banks belong to the American
people while the Ny city and state government get an inordinate
share of the taxes. That is not fair for the rest of the country.
The tea party movement is a reaction to this fundamental inequity.
We are going to throw out all these clowns, Schumer, Geithner, Summers
Bernanke, Obama out of office and build a better country.
The government (state and local) gets about 1/2 of those bonus payments back through income taxes.
The washington-wall street cabal has been good at hiding the extent of rape of the american tax payers to benefit wall street.
The artificially low interest rates that Bernanke kept allowed banks to engage in profitable carry trades but punishes the elderly on fixed income as well as the prudent savers who did nothing wrong and played by the rules.
The quantitative easing program that bought all the toxic mortgages was possible only with the tripling of our monetary base that debased our currency and effectively stole a little bit from everyone to reward wall street bankers.
The FDIC’s guaranteeing of bank debt is just another example of privatized profits and socialized risks. If the banks failed, tax payers are left holding the bag of losing assets while profits go into bankers’ pockets as bonuses.
Again I ask, where is the justice??!
Schumer is in it entirely for himself. he would sell his Brooklyn constituents down the river in a second, or in exchange for a nice 30-second TV spot. But it’s not just the politicians. How I wish it were. It’s the banking/securities community that has set us on a path to fiscal ruin. Where there used to be trust, there is now mendacity, where there used to be ethics there is now corruption. NYC has suffered a severe blow. Who in their right mind will ever trust a Wall Street banker again?
It was all a house built on sand. The foxes were minding the chicken coop and reporting back that all the girls were resting comfortably.
I say we throw Schumer, Gillibrand, Obama, Geithner and Summers all out of office!
These people only care about moneyed interests and don’t care about ordinary new yorkers and americans who they represent.
The victory of Scott Brown in Massachusetts was the first salvo in the coming second American revolution. Lets throw all these clowns out of office, starting with Schumer!
there is no justice stevieb. everything is crashing and burning around our ears, the rich are bailing, as they always do when they smell catastrophe. The real housing bust in Brooklyn will happen this year. Fasten you seatbelts, it’s going to be scary.
Right now, nothing is moving, nothing is selling, not even at fire clearance prices.
11217, suck on this!
http://www.bloomberg.com/apps/news?pid=20601087&sid=a4yxOhOgAATw&pos=7
Senators Propose 50% Bonus Tax on Bailed-Out Banks (Update2)
**
There is no justice in this country.
Banks get bailed out through 1) TARP money infusion 2) Debt guarantees by FDIC 3) Fed buying all their toxic mortgages and giving them treasuries in return 4) Fed keeping interest rates at zero to allow banks to make massive profits through carry trades.
These same banks that got us into trouble are now able to make obscene profits again and pay their employees big bonuses while the rest of the country is still starving, suffering, unemployed, and barely able to feed and clothe their kids.
These same bankers with their fat bonuses are going into brooklyn to buy nice brownstones and denying my family from finding a house to bring up my children.
WHERE IS THE JUSTICE?!!