FDR New Deal

Affordable Housing – Government Topples Realtors

Posted on by Helena

Houses are not affordable.  Despite all the best efforts of government to control the value of your property, they have continually failed.   Prices continue to rise.   The culprit?   Realtors.   Apparently, the agency fees to represent the buyer and seller transaction have caused the real estate boom that has made housing unaffordable.   How much truth is in this new indoctrination?

In 1940 the realtor commission was 5%.   In 1980, the realtor commission rose to 6%.   The same 6% it is today.   But somehow, despite 40 years of paying the same commission, The Economist powers that be, have decided this isn’t equitable.   It isn’t fair.   And therefore, elimination of this fee will reduce the cost of a home and make it affordable…   That would be the logic.   But what is the reality?

Homeowners have the option of selling without a realtor.  They also have the option of using the flat fee companies..   Or they had the option of utilizing the expertise of a realtor who has passed rigorous courses and exams on contract law, title law, foreclosures, and inspections.  A choice.  That choice is being removed by the Powers.  Why?

HINT:  it has absolutely nothing to do with affordable housing.  

When you remove an industries ability to charge a fee and make money, you are attacking the industry – not helping the poor.   Let’s say doctors are no longer allowed to charge a fee, does that mean healthcare costs will drop?   No.  It means there will be no more doctors and healthcare won’t exist.  For the Real Estate industry that translates to  homeowners being left to mitigate scams, fraud, theft, liability, and corruption.   And the tight housing market will become that much more tight as homeowners decide to renovate instead of move.

Builders reap the benefit.

Builders can dangle the carrot of discounted interest rates.  They run the show. When no agent is there to represent your best interest – for free – you pay top dollar.   And who is selling at top dollar?   The Hedge Funds that scooped up entire neighborhoods at a 2% fixed rate of interest and now want to divest their inventory – charging a ‘discounted’ interest rate of 5.5% when the market is 7.25%.   Now you are buying more home for the same price because of the “interest rate” – not because of realtor fees.

How much more home?   A $500,000 home at 7.25% costs $3,411 per month.   At 5.5% – you can now afford a $600,000 home for the same monthly payment.   Who wins?   The BUILDER!

Did eliminating the realtor bring down home values?   No.  It moved the buyers from existing homes to new homes that are sitting vacant.

And the headlines read:  2024 Primed To Be Stellar Year For Homebuilders.   Realtors?   Not so much.

The realtor settlement for repaying homeowners deemed to have been over-charged/gouged by 6% over the last decade – is $418 million.   Number of potential homeowners eligible for a cut?   50 million.  Amount that will go to legal representation to collect any money?   35%.   Which is somehow NOT deemed excessive.

According to The Economist, the realtor commission is a racket, a mob rule that gouges the buyer and the seller.   The average estimated savings for a median home sale – $10,000.   Example:   a house selling for $500,000 would incur a commission fee of $30,000.  A negotiated commission at 4% would save $10,000.    By comparison, a reduced interest rate from 7.25% to 4.25% would save $11,400.  If the Federal Reserve dropped interest rates to the level they were prior to Brandon, the annual savings would be $17,220.

So why does the government want realtors to take the hit?   Because realtors make good money.   And in a climate wherein it is imperative that incomes drop in order to solidify the power of the elite class over the plebes, realtors became the current target.   The concept is not new – it was done by our esteemed President Roosevelt in the 1930’s and 1940’s establishing total government control.   Capping income, price fixing, was an FDR New Deal.

In 1943, FDR issued an Executive Order wherein industries were told they could not increase prices or wages or salaries.   The Act was called The Stabilization Act.   What it did was kill the economic recovery and plunge America into rationing, shortages, and a recession.  Congress was worthless and bills were passed without being read.   The Act came on the heels of FDR’s push to inflate the prices of everything.   Once the inflated prices hit – he instituted the fixed wage and salary Act which effectively sent the middle class into poverty.

Government meddling at its finest.

FDR’s policies extended the Great Depression by a decade or more.   The real effect of FDR’s policies was to institute communist controls in America via alternate price gouging and then price fixing as determined by government instead of the markets.   This is similar to the wage increase for retail labor ($7.5 an hour to $20 per hour) that has caused retail prices to inflate while profits stagnate and consumers just keep paying – MORE.

This is the result of Biden’s policies with regard to interest rates, oil and gas drilling, medical insurance, and now realtor commissions.   Thousands of realtors will be purged.   Looking for a new job.   Adding to the unemployment docket.   Industries are already laying off due to these same policies.   The only jobs keeping the Bureau of Labor stats in the red are government jobs and manual labor – the immigrant agriculture workers.  Otherwise, the numbers would rightly reflect the fact that the economy is stalled and heading for a fast downward spiral.

We can be assured, this is not the last private industry that will take a hit.   Hospitality is likely the next playground to be hit by the bullies.   Having fun needs to be relegated to the elite with money, not the plebes.   Want to take your family skiing?   Lift tickets can easily run $250.  Ski and boot rental is roughly $75 per day.   Flight from Texas to Colorado is $300.   Rental car – $100 and an overnight hotel is $600+.   Without your family – $1500 for one day vacation.  Gidde UP!      

The US Constitutionality of Welfare

Posted on by Helena

According to Forbes, Netanyau’s net worth is estimated to be $80 million with a 400% annual growth rate on an annual salary of $179,000.   He is considered one of the wealthiest Prime Ministers in the world.   His real estate holdings include;  a beach house in Malibu, a penthouse in NYC, a vacation home, a luxurious home, and a penthouse apartment in Israel at a total value of roughly $30 million.   Yet, we are told to investigate Hamas wealth.

The political corruption is a global phenomena.  And bears witness to the fact that not one of these politicians can be said to be remotely adhering to Christian values or any other religious denomination.   As in the old adage;  Power Corrupts.

Would this Power be curtailed if certain criteria were instituted regarding;  term limits, market trade limitations, salary limits, and the elimination entirely of pensions – with the exception of The Military – and even then with exception to net worth limitations?

Pensions are becoming the number one expenditure for many government institutions, including the Department of Education whose value is near zero.   The budget for the 2023 Department of Education is pushing $275 billion – on expenditures of $308 billion.   The first accounting error in the Department is the fact that student aid is $200 billion or 60% of the entire budget.  The second error is of course – over-spending.  Student Aid is technically an asset, a receivable – not an expense.   The reason it becomes an ‘expense’ would be if it is not aid – but instead, a gift.  A gift is taxable to the recipient and should be offset by the 20% tax rate – in a strict accounting scenario.

But The US Constitution does NOT allow Congress to make GIFTS…

The next five Department of Education spending grifts are for 5 different Offices for a total expenditure of $140 billion – to operate the Department.   The remaining expenditure categories include; education disaster recovery, education sciences, English language, and upper management.

In other words, this Department has become a monopoly of AID which includes aid to families hiding wealth –

How can we eliminate the massive hidden assets that drive poverty?

It is estimated that Hidden Assets amount to $7.8-$9.8 TRILLION globally with an annual increase of roughly $40 billion.   Assets that are never taxed.   Will a data credit system make hiding wealth easier or harder?  Are the players ever punished?   How can it be tracked?

CBDC’s are being tagged as the future for Central Banking.   But is Central Banking at the helm of financial collapses, money laundering, and corruption?

Central Banking was a post WWI construct to control the money and money supply.   They operate as a monopoly and were established to prevent money laundering, terrorism financing, consumer protection and bank fraud.  However, everything they were created to deter, they made – easier.   There is little differentiation between ‘paper money’ and ‘digital money’ backed by nothing …  Conversion is simply a means for making fraud and laundering more private $$$$ for the criminals while making credit more tight for the individual.

The invoking of the Central Banking System was incorporated most widely by The House of Rothschild, Oppenheim, and Hottinguer.   The purpose was to elevate public debt.   And thus the Cartel was preserved and exponentially expanded as individuals incurred usury unsustainable debt.

The Department of Education was established with its primary purpose being to gather statistics and information.   By the Carter years, its purpose morphed into funding debt.  A welfare program paid for by Taxpayers.   But they were not alone.   The Department of Agriculture became the stop-gap for funding free school lunches – more welfare.   And The Department of Interior funds free education for all Native Americans – like Pocahontas – Elizabeth Warren.

The argument for maintaining these welfare programs and Departments was justified by liberal interpretations of the Commerce Clause of The Constitution:  Congress shall have the power to regulate Commerce among foreign nations, with states, and with Indian Tribes.  

Commerce is legally defined as:  the activity of selling, trading, exchanging, and transporting goods and people. 

Welfare is NOT Commerce.  The entire point of commerce is profit.  Welfare is NOT a Constitutional Right, it is not mentioned in any interpretation of clause with the following General Welfare/Taxation Clause:

Article I, Section 8, Clause 1:

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.

Does Welfare benefit the ‘General Welfare’ of the People of The United States uniformly?

No.   It is not uniform to the Common Good – and only applies to free goods and services benefiting a particular segment of society – the poor.   Thus Welfare is NOT supported by The US Constitution in any form.  Whether in the form of free education, free meals, free housing, free food, free insurance or any of the bountiful programs instituted outside of our constitution.  It is illegal.

Some pundits would argue that welfare is a ‘Civil Right’.  Yet, Civil Rights are applied only on the basis of ‘discrimination’ – not as a civil mandate.   According to HHS of the Federal Government, there is no civil right related to a person’s income level.  Civil RIghts are a protection based on identity.

Welfare was instituted during the FDR New Deal era as various Acts – Social Security Act, The Housing Act, etc…  However, every ACT must be supported by The Constitution.   In 1803, The Supreme court held that Congress cannot pass laws that are contrary to The Constitution.

And The Constitution is quite clear that ‘General Welfare’ means that it must apply uniformly to the Common Good.   There is no clause that specifies that allieving income disparity or poverty is Commerce unless said persons would become self sufficient productive members of society contributing to The Common Good and repay their debt.

The Departments of Education, Interior, Agriculture, and Housing are operating outside of The Constitution when making welfare payments via a nonrepayable gift.  Therefore, the elimination of these entities is a viable Supreme Court Lawsuit furthering the reigning in of profiting off Political Corruption – and laundering said profits via offshore, nontaxable, havens sitting on Tens or Hundreds of TRILLIONS – at the Expense of Taxpayers.

The GREAT Society BEFORE The Great RESET

Posted on by Helena

THE GREAT SOCIETY – before the Great RESET – was created by Lyndon Johnson after the assassination of John F Kennedy who wouldn’t bow to the CIA.  The Corporation For Public Broadcasting was created in 1967 to control the entirety of Media for Americans.  In 1970 CPB formed NPR with 88 subsidiary outlets.   Their purpose was ‘content’.   In 1979, NPR expanded to London solidifying the alliance between the CIA and MI6.  By 1983, NPR was operating on a budget deficit despite continued expanded funding from US Taxpayers.

The two largest benefactors of NPR in the 2000’s were Soros Open Society Foundation and Joan Croc who donated $225 million in 2003.   At this point NPR became well known as a left leaning to far left broadcaster embroiled in bias.   And the Great Society Deal which was supposed to be a reincarnation of FDR’s New Deal was busily recreating America’s internal political landscape.

A transition that would forever change our landscape.   Likely – irreversibly.

Both the House and the Senate enjoyed a liberal majority which included the jewish vote which had become a prominent constituent.   Johnson took advantage of every loop, corner, and free crossing to enact 100’s of ‘committees’ and ‘agencies’ to study every aspect of society in order to recreate it.     Committees and Agencies that did little, accomplished less, and ate money like 1000 PacMen on steroids.

The Great Society initiatives and Johnson’s Cabinet set about to expand government exponentially – creating federal funding for Education, Medicaid, War on Poverty, The Voting Rights Act, Food Stamps, Upward Bound, Medicare, Head Start, HUD, Endowments, Department of Transportation, and a host environmental laws.  EVERYTHING was highly regulated and all businesses were required to comply with Federal rules or face the proverbial guillotine.

State Sovereignty no longer existed and the Feds kept expanding their control and irreversible POWER.

While various statistics claim poverty rates in 1960 were 22%, there was no common means of measuring poverty until 1965.    At which point it had been declared by the government to be 9% for whites and 35% among nonwhites – 15% weighted average – before the Great Society took effect.  The New Federal Government decided to ignore that fact and declared that poverty had been halved because 55% of households now had incomes over $7000.   Of course Taxpayers were funding $4,000 of that increase in the form of entitlements and welfare.   Thus the statistic is wholly and completely fabricated.

What Johnson succeeded in creating was a ‘well to do welfare class’.

It was the beginning of income redistribution and the decline of middle class.

This era of The Great Society also brought about the beginning of Federal Deficit spending.   And The Decline Of The Dollar!

Using government data since 1960, inflation has surpassed 916%, mostly due to Federal Reserve initiatives.  It now takes roughly $34 to buy what $1 bought in 1913.   The elimination of the gold backed dollar greatly increased the polarity and devaluation as paper flooded the markets.  Today – Housing is unaffordable, middle class income means over $150,000, and a new car is going to cost $60,000 to $100,000.   A $350 monthly payment will buy a $15,000 car.    America has actually become poorer.

So if the FDR New Deal and The Johnson Great Society were created to make American’s more equitably wealthy, WHAT HAPPENED?

The short answer – they lied.

Obama subsidies increased the ‘value of welfare’ to $69,000.  Biden just hiked that number by an additional $11,300 for a family.   This does not include the shoplifting of food, appliances, clothes, equipment and toys that is allowed by every major democrat run city without consequence or prosecution.   Welfare is a lucrative Business.   We could privatize it and then we’d call it The Mafia!

These voluptuous subsidies have required an ever ending mountain of more debt which is the responsibility of Taxpayers who have no say in any spending initiatives.   US Debt now sits at $33 Trillion.   Since 1960, debt has grown from 45% of GDP to 120%.   As the dollar continues to tank – that debt becomes more and more costly – until at some point the US will not be able to make payments and a debt default will crash our economy.   MAJOR Banks are now sitting on net equity to assets of just 5-6%.   A soluable bottom is 20% – and a healthy bottom is 50%.

Should a banking solvency begin to fray overtly poverty will apply to just about everyone.   The New Green Deal and The Great Society will have completed their task.   The Great RESET – which was slated to be a global establishment – will absorb western economies only.   Economies that have moved away from the dollar will thrive.   Those economies are the BRICS.   

Elon Musk,  “But what’s the point”?