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Dutch Wrote: Katsung, kind of strange. Here in FL (Ft.Myers) my house "price" is totally "flat" the price has not moved one penny since the crash in 2008. I live on an golf course and it is an luxury house. Thus explain that to me.
Look at that chart. They pour the money into San Jose, St. Francisco area because that's where my relatives and I live. The Feds suck the money through the house trading so the price curve there is unusual twisted. The FBI and DEA maintain their work through looting their victims. The Q.E. invested $40 billion each month to that area. Obviously that big money only blow up the balloon in that area. It seems the Feds had no case in your area, so they leave it alone.
8. FBI's profit
Everything shows that law enforcement agent use isotope money tracing if you have cash savings at home. But how could they steal from innocent people?
Later I learned from 'National Geography' (1961, June) In article " FBI: public friend number one ". ' Mr. Hoover prides upon the "profit" it shows annually. During fiscal 1960 the FBI received $113,600,000 in operating funds. Fines, savings, and recoveries of stolen property and contraband in cases investigated by the FBI amounted to $142,822,244, or $1.25 returned for every dollar invested by the taxpayer.' It's that 'profit' chase makes FBI a looter. It's that black box practise makes FBI closed and untouchable and new high tech weapons killing without trace makes them ruthless. How do you expect them be in justice while their purpose is pursuing 'profit'?
We need an independent commission to check the conduct of law enforcement agency, or otherwise America is ruled by a government mafia.
945. The 2017 bubble(2/1/2017)
It was the popping up of the housing bubble that caused the financial tsunami in 2008. The bubble hasn't been cleaned up completely. The real estate loan were lended from banks. No big bank collapsed. They were bailed out by government with tax-payers' money. The banks still held large quantity of foreclosed houses. Then we saw Federal Reserve's Quantitative easy program. That money took over the foreclosed houses for a larger bubble. QE3, where the central bank had spent close to $40 billion per month in mortgage-backed securities. So much money injected into real estate's area, that's why I said there is only one bubble - the 2007 one hasn't been cleaned up and the residue has been extended to a even bigger one - I call it 2017 bubble.
A bubble needs money to keep it to inflating. Federal Reserve had spent nearly four trillion to blow up such a big real estate ballon. It seems they don't want to pour money into that hole any more. So a crook is pushed out to take that responsibility.
I say 2017 bubble because: 1. Federal Reserve said it likely will increase interest twice this year - that will pop up the housing bubble.
2. The unprecedented 2016 election in US that put an unqualified man on president seat. I said something big will happen that nobody (party) want to take the responsibility. (see "902. Trump's job (2) (5/7/2016)")
3. Something big (other then the coming economic crisis) will take place in Europe: War; natural disaster; terror attack.... to distract people from that economic crisis, and drive the money in Europe to US to take over the bubble too. It relates to Russian. I believe Putin is bribed by the Feds to cooperate on this. Trump's Russian love is not a coincidence.