EDITOR’S NOTE (Nick Stamatakis): The middle class has been the backbone of Democracy since the very beginning – in Ancient Athens. Without a middle class, there is no democracy and this is not the place to analyze why – except to say that it constitutes at least 60% of America. The existence of the middle class, centered around the “American dream”, which in turn was founded in homeownership, defied all the enemies of our free-market economy who expected our system to collapse because of the great differences between the “haves” and the “have-nots”… This foundation of our democracy is now in danger as banking behemoths like Blackrock (controlling funds close to $30 Trillion – yes with a “T”..) are buying whole neighborhoods and turning former homeowners into tenants…If there was a time when we needed government regulation this is it!! How can our government allow “Fuds” who have access to Federal Reserve “funny money” destroy the American dream?
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying…
entire neighborhoods out from under the middle class? Lets take a look. Homes are popping up on MLS and going under contract within a few hours. Blackrock, among others, are buying up thousands of new homes and entire neighborhoods.
So who is Blackrock? Only the worlds largest asset manager and the leading proponent of The Great Reset. Theyre looking to redistribute -Get this- $120Trillion dollars. The entire wealth of the worlds middle class and poor combined several times over.
As an example, a 124 new home neighborhood was bought in its entirety in Texas. Average Americans were outbid to a tune of $32million. Homes sold at an avg if 20% above listing. Now the entire neighborhood is made up of SFR’s. What are SFR’s??
FEDERAL RESERVE FUNDED FINANCIAL INSTITUTE.
Let that sink in for a minute. Got it? They’re using your tax dollars to fuck over the lower and middle class, and its permanent. Not 1 Pres. administration of bullshit. This is a fundamental reorganization of society.
People will say “They can’t just piss away money on buying tens of thousands of houses that are all at a loss.”
WRONG. YOU AND I CANT DO THAT.
They are fronting the federal reserve, and are financed by an endless stream of freshly created fiat money.
And whats the global reserve currency???? Oh ya… green funny money.
You may ask “Suppose the banks wont finance new housing?”
“But Companies are buying them for way above asking price, can it last?”
You are fucked.
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