Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dirtboy
>>The same kind of folks said real estate wasn’t a bubble back about 2006 or so.

This graph is typical of the house valuations in zip code 80917 -  Right in the front yard of NORAD, Airforce Academy, Ft. Carson, Northern Command...

Given that "Liar Loans" and dishonesty were a central element of how the bubble got blown,  it doesn't exactly inspire confidence in the calibration of the moral compass of those "leading" the Technocratic Military Industrial Oligarchy.

It's almost as if Yuri Bezmenov...

1. Ideological subversion is the process which is [a] legitimate, old word, and open. You can see it with your own eyes.  All American mass media has to do is to "unplug bananas" from their ears, open up their eyes,  and they can see it.  There is no mystery.  
 
It has nothing to do with espionage. I know that espionage intelligence gathering looks more romantic.  It sells more deodorants through the advertising.  That's probably why your Hollywood producers are so crazy about James Bond types of films. But in reality the main emphasis of the KGB is NOT in the area of intelligence at all.
 
According to my opinion, and the opinions of many defectors of my caliber, only about 15% of time, money, and manpower is spent on espionage as such. The other 85% is a slow process which we call either ideological subversion, active measures, or psychological warfare. What it basically means is: to change the perception of reality of every American that despite of the abundance of information no one is able to come to sensible conclusions in the interest of defending themselves, their families, their community, and their country.
 
It's a great brainwashing process which goes very slow and is divided into four basic stages.
 
The first stage being "demoralization"....
 
---KGB DefectorYuri Bezmenov
http://www.freerepublic.com/focus/news/2095202/posts
 

...knew what he was talking about.

 

 

 

 

10 posted on 04/23/2011 8:54:56 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: LomanBill

That looks like the kind of bubble graph that would get Barney Frank really excited.


13 posted on 04/23/2011 9:10:35 AM PDT by ponygirl
[ Post Reply | Private Reply | To 10 | View Replies ]

To: LomanBill

“Given that “Liar Loans” and dishonesty were a central element of how the bubble got blow”

I went with a stated income when I bought my house, mostly because I own my own company and the paperwork is a nightmare.

The bank told me how much money I had in my account. How exactly would it be possible to lie about how much money I had?

The banks didn’t care, because they knew they could turn around and sell that loan for a huge profit.


21 posted on 04/23/2011 10:21:07 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson