10 years ago

“I’d Buy Up ‘A Couple Hundred Thousand’ Single-Family Homes If I Could”

Said the most successful investor of the 20th century, Warren Buffet on Feb. 27, 2012 in an interview televised on CNBC. Not knowing that Wall Street would take his advice. It has been six years since foreclosure crisis. And now, many former homeowners are renting from Wall Street. Yes, renting from them. It is a landlord’s market now, and rents are rising across the country (RealtyTrac). Highly recommend watching Al Jazeera’s FAULT LINES (TRAILER), brilliant November 12th released Episode called Wall Street landlords —WATCH HERE—- It will show you how Wall Street firms are returning to communities hardest-hit by the foreclosure crisis. And as you know this is not the only problem US citizens are facing right now…..There was a second night of rallies across US cities last night. This because of the verdict around The Ferguson trail (huffingtonpost (NPR) (nytimes)And more troops are being ordered across the US. Protesters even stopped traffic on the 101 Freeway in downtown Los Angeles on Nov. 25, 2014. (Credit: KTLA) (Reuters). Right Will Ferrell? “How can you plead for peaceful protest when you show up like this?” (Photo). Maybe again, “it is time for us to start looking in the mirror, because I truly think we became angels of our own despair through our self love”Oliver Stone’s Final thoughts – VIDEOThe United States of America has currently 319.331.595 inhabitants, 9.0 million (5.8 percent) of them are unemployed (PDF). The national debt ceiling was recently raised, and is now an estimated 17.9 trillion dollars (Clock). More than 45.3 million (2010 -16%) (2012-15%) (2013-14.5% /45.3 million) people live below the poverty line, and around 46 of the 50 American states are on the verge of bankruptcy, according to Director Alexander Oey’s 2011 well made documentary called ‘Off The Grid’ (IDFA) (WATCH HERE). By the way, in‘Off The Grid’ you will also see that some Americans are taking command of the situation. This by creating an independent local economy —-California Dreaming (2010, Bregtje van der Haak, VPRO). ..Al Jazeera’s FAULT LINES really is America’s hard-hitting, truth-seeking, Emmy award-winning investigative documentary series.  Watch full episodes online at aljazeera.com/Faultlines  A-SIMPLE-ONE-TO-FOLLOW! Photo Credit: Nicole Antonia Salazar for Al Jazeera America/ Al Jazeera – Fault Lines