1time2many

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1time2many last won the day on November 1 2009

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About 1time2many

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  1. Looking into doing a Streamline Refi on my FHA. I have heard that it is not as seamless as proposed..........anyone had issues in doing this?
  2. Gold is money, Silver is money..........Fiat currency was designed as a divisible instrument to keep from carrying the actual coin or bar. FDR confiscated the peoples gold then revalued it.....Nixon took us off the gold standard to allow the fractional reserve system to favor the bankers and also to allow the politicians to manipulate the peoples wealth through deficit and inflation. While you are correct that the constitution gives only Congress the right to control the money supply and all decisions with that right.....Congress has gladly abdicated that duty to the Federal Reserve for the good of the money changers and the peril of the people. Returning to a gold standard in some form is coming.......It does not matter about the amount of gold that exist compared to a GDP.....It has more to do with at what point will that gold be revalued to reflect the fiat dollars that exist in a given day....which includes all debt held by governments. BTW....Gold is only traded as a commodity because of it's current use. It is getting set up to be a Tier 1 asset, which will make it once again, a form of money across the board, and the next leg will be a world currency base. Also....All government's still produce Gold coins and Silver coins.........Silver is the most undervalued asset we have seen in 100 years.....one day soon that lil tidbit will be known to the masses.
  3. 1time2many

    Housing Market

    Interesting, I would expect to see some signs of light after the election in the housing market........Dentia, are you seeing this just in Florida or are you hearing some of the same from others realtors in other states?
  4. Have you checked out Loansafe.org you ight find more info about what you are looking for.
  5. But, but........what would Merkel say?
  6. Take it back to the bank and park it.....send them a CMRR with the keys and a letter and let it go until they come at your for the balance and past due amounts.
  7. These were 2 rentals I had at the time........went through a chapter "20" on this starting in 99. The properties were surrendered in the BK, yet the bank did nothing with them and they set for 10 years before the county demolished the structures. I had suit filed by a company who bought back taxes........then the state comes in wanting any years that were not bought. Since these properties are still in my name, I am holding the hot pan right now. It will be me going back to the BK court seeking relief under the prior discharge against the suit and the state for the taxes.........like was said, this adds up to a nice sum, when you include interest and penalties. All taxes were from 99 to 2012.
  8. Looks as though I will be heading back to BK court under an adversarial claim. Had a BK discharged in 2000 .....2 properties has since been in my name with no interjection from the bank on these, just left in my name. FFWD, 2012.......taxes were bought by different parties soooo now I get suit filed against me for said taxes + all the hoopla surrounding said monies. Lawyer files several motions to no avail per the Plaintiff. I have warned Plaintiff with CMRR letters over the course of the last 12 years as well as the bank who held the paper....all went to file 13 I guess, the lawyer has also maintained a paper trail throughout this time. Don't know much about the BK adversary filing.....just told it's not a willy nilly thing to do and very serious.......much more so under the old rules. Anyone been through this part under an old BK?
  9. The Euro got a bounce due to last weeks meeting of the minds (sarc), they fixed nothing and Merkel is having an ever hard time with the German people over this..........maybe the Germans just walk, who knows. What we do know is nothing at all was accomplished to fix the unfix-able, this was a terrible 10 year failed experiment with the Euro. "when is the usd going to become worthless"............when it is no longer accepted to buy goods.........yet the Euro will cease to exist before this happens. It's a global fiat race to the bottom, it's all the rage.
  10. When pigs fly, this will happen. There are reasons that these jobs paying 165k per year cost millions in most cases to win. This is about power , nothing else. If they are not a millionaire before they get in, they are after they get there...........the system is corrupt from top to bottom and the people do not have the will to change it. In the not to distant future, the system will force itself to change. This train is on a downhill slope and the tracks are missing at the bottom and the EBT cards are about to disapear.......it will not end well.
  11. Now that this thing is in defcon mode......any thoughts as to how long before the pain comes here? I know short term, it's a dolla pop.....long term I think the fat lady is warming up backstage as benny prepares for QE x3 in the coming months to help deflate the dolla again.....not to mention the debt ceiling breach that may come right before the erection of Obamy or O'romney.
  12. JM, Check out Loansafe.org.........MANY, Many people in your shoes with a wealth of information for you there.