Are they 'forcing' us to take on mortgages thru record low rates?

[TheEnd]

Went to a Phsycologist appointment today with wife and was explaining all the bad stuff going on in the world and mostly stuff we discuss on this site..... After explaing about the U.S house price bubble and how it happened the Phsychologist said this is called 'Harvesting'..... My missus and I were amazed because we both believe that what is presently happening to all us westerners is by design and the name really suited...

What i'm wondering while trying to work out a safe place to put my money is..... Are 'the elite' and The Fed screwing down interest rates so low that they trick people into not saving but taking on massive debt and then eventually defaulting so that 'they' end up owning everyones bad mortgages and therefore own all the property.....Those bloody shifty pricks they're not getting my property!

 

[boston]

Went to a Phsycologist appointment today with wife and was explaining all the bad stuff going on in the world and mostly stuff we discuss on this site..... After explaing about the U.S house price bubble and how it happened the Phsychologist said this is called 'Harvesting'..... My missus and I were amazed because we both believe that what is presently happening to all us westerners is by design and the name really suited...

What i'm wondering while trying to work out a safe place to put my money is..... Are 'the elite' and The Fed screwing down interest rates so low that they trick people into not saving but taking on massive debt and then eventually defaulting so that 'they' end up owning everyones bad mortgages and therefore own all the property.....Those bloody shifty pricks they're not getting my property!

Bingo!!

 

[TheEnd]

Well they wont get my property because I own it already.....SUCKED IN elite scum I hope you are all reading this!

 

[DanielM]

Went to a Phsycologist appointment today with wife and was explaining all the bad stuff going on in the world and mostly stuff we discuss on this site..... After explaing about the U.S house price bubble and how it happened the Phsychologist said this is called 'Harvesting'..... My missus and I were amazed because we both believe that what is presently happening to all us westerners is by design and the name really suited...

What i'm wondering while trying to work out a safe place to put my money is..... Are 'the elite' and The Fed screwing down interest rates so low that they trick people into not saving but taking on massive debt and then eventually defaulting so that 'they' end up owning everyones bad mortgages and therefore own all the property.....Those bloody shifty pricks they're not getting my property!

Low interest rates are for the gov. Try getting a loan in the states. That's why property prices are low while rents are high.
It's also the reason why the stock market is doing so well over there, record highs everyday. Because interest rates are low people who should be going for low risk investments such as cash are being forced to put there money into stocks to chase gains that can provide something to live off

 

[mmm....shiney!]

Went to a Phsycologist appointment today with wife and was explaining all the bad stuff going on in the world and mostly stuff we discuss on this site..... After explaing about the U.S house price bubble and how it happened the Phsychologist said this is called 'Harvesting'..... My missus and I were amazed because we both believe that what is presently happening to all us westerners is by design and the name really suited...

What i'm wondering while trying to work out a safe place to put my money is..... Are 'the elite' and The Fed screwing down interest rates so low that they trick people into not saving but taking on massive debt and then eventually defaulting so that 'they' end up owning everyones bad mortgages and therefore own all the property.....Those bloody shifty pricks they're not getting my property!

I think you need to visit this place a little less frequently.

 

[boston]

Well they wont get my property because I own it already.....SUCKED IN elite scum I hope you are all reading this!

Just wait until they introduce property taxes, in addition to the usual council rates, on your property.

Think it can't happen? Reading just this week, not sure where though, that they have been discussing it here in Australia.

 

[TheEnd]

No its o.k I'm in the 'Acceptence' phase......Moving onto Pro active phase(stacking). The phsycology is for marital problems which we are sorting out. I think my wife is now also a conspiracy theorist after our last few discussions about the world and 'Harvesting'.

 

[trew]

Nobody forces you to do anything

you play the cards you are dealt with

 

[DanielM]

Nobody forces you to do anything

you play the cards you are dealt with

YES!!! Some people might make it harder or easier but in the end of the day you're spot on

 

[Pirocco]

Nobody forces you to do anything

you play the cards you are dealt with

YES!!! Some people might make it harder or easier but in the end of the day you're spot on

Limiting your cards towards their set is the same as forcing you.
you play your own cards, not those you are dealt with.
When zero sum games rule the day, the day ends with zero.

 

[Nugget]

Well they wont get my property because I own it already.....SUCKED IN elite scum I hope you are all reading this!

Just wait until they introduce property taxes, in addition to the usual council rates, on your property.

Think it can't happen? Reading just this week, not sure where though, that they have been discussing it here in Australia.

I think you may be referring to Land Value Tax. The last official mention was Ken Henry's report. MacroBusiness Blog also discusses it quite frequently, read the comments section on this blog post http://www.macrobusiness.com.au/2013/08/getup-botches-bca-attack/

Before it comes in though the elite need to find out how to avoid paying it first


* http://www.dailymail.co.uk/news/article-1328270/A-Britain-STILL-belongs-aristocracy.html

* http://www.news.com.au/realestate/n...et/story-fncq3gat-1226673021164#ixzz2Y4US1YSx

* Can't be bothered finding it but the RBA board pretty much ALL have -ve geared properites

 

[bordsilver]

Well they wont get my property because I own it already.....SUCKED IN elite scum I hope you are all reading this!

Just wait until they introduce property taxes, in addition to the usual council rates, on your property.

Think it can't happen? Reading just this week, not sure where though, that they have been discussing it here in Australia.

Canberra has started using Henry as the excuse. Basically over the next few years they are removing stamp duty on transfers and increases rates "to compensate". Basically Henry's idea was to tax anything that is immobile more (i.e. land, natural resources and to a large extent labour) and to cut taxes on anything that is mobile (i.e. capital). The idea is that you bleed people easier with less opportunity to avoid giving blood. In terms of the taxing land using the ACT method it means that there becomes a bigger tax to live rather than a tax to consume with all of the consequences.

 

[DanielM]

Well they wont get my property because I own it already.....SUCKED IN elite scum I hope you are all reading this!

Just wait until they introduce property taxes, in addition to the usual council rates, on your property.

Think it can't happen? Reading just this week, not sure where though, that they have been discussing it here in Australia.

Canberra has started using Henry as the excuse. Basically over the next few years they are removing stamp duty on transfers and increases rates "to compensate". Basically Henry's idea was to tax anything that is immobile more (i.e. land, natural resources and to a large extent labour) and to cut taxes on anything that is mobile (i.e. capital). The idea is that you bleed people easier with less opportunity to avoid giving blood. In terms of the taxing land using the ACT method it means that there becomes a bigger tax to live rather than a tax to consume with all of the consequences.

Then we all sell up and move in together to lessen the effect of the tax