When I went to log on I seemed to be directed to a website called analytics. There they asked for both e-mail and log on and state they are google affiliates. I am very troubled by this. Afterwords no newsvine , I had to move through a another venue to enter this newsvine.
I am possibly being monitored for protectionism comments made in public. I believe protectionism or better the lack of protective tariffs are destroying American middle class. I was thinking about petitions for protective tariffs or a worldwide minimum wage to deliver the United States from the tyranny that has yet to be revealed to us. Protectionism should be on every dinner tables discussions throughout the United States of America.
And an alternative minimum wage for all free market countries whom participate in the free market civic would also produce similar results.
Before I forget we should be extremely worried about the illusion of real estate purchases here in America now where a large portion of the purchasers are buying second homes for resale opportunities. My theory of danger consists of a man owning one building and paid off his interests and part of his principle amount while moving into a second loan for a new home to work. Then he has the second interests being paid mostly at first while he is working the resale.
A seemingly great alternative to finding work but if a problem arises and the loan fails what are we looking at as a bank ?
We are losers because the purchase is not into the principle portion more than likely on the loans and the home may not sell quickly meaning property tax revenue will be lost as well if any repossession is to take place. Now they claim home sales are up helping our economy. I suggest we are actually double down on a gamble of high stakes for the entire loan process with banking whenever a second home purchase for resale takes place.
Had we worked normal sales of real estates we would have two purchasers for two different homes for living accommodations. But now , Having only one we have another somewhere renting. But more than this he may fall out of the regular tax paying citizen bracket to become cash only worker whom is hopelessly trapped in a cycle of undocumented work or regulation.
But back to the banks if a large group of Americans fail on their second mortgages, The large banks will be set to take a domino hit that they may not recover from with out taxpayer bailout. We do not want American banks supported by American taxpayers. Please watch out now for the danger.
My advice would be to larger banking institutions already at risk. Trim fat immediately before any property tax loses can be slammed on your accounts. Then you may weather some cash on hand, unexpected payments. Namely by the property taxes while the real estates sit dormant.
I would suggest now that we look from a distance and notice Ireland's troubled banks and the taxpayers shoring up all the burden of financing with their hard earned money. If this is a sign of things coming to America then why wait ?
Petition for protectionism civic to restore America before it is too late!