Reply #18: The Federal Reserve is the buyer

[astral]

and we are the payor. The Federal Reserve prints the money. They are not a branch of our government. They are a group of private banks. They can yank the rug out from under everyone's feet at any moment they want to. They are taking over a bunch of debt that people owe who are buying a home who could not afford the loan in the first place. Property values are going to crash to half what they are now. People will owe way more than their property is worth. Do we think the Fed is going to be nice about it? They will force all these people to default on their home loans, they will own the people through debt and all the property besides. A bunch of free slave labor scattered all over the country, thrown on their asses out of their homes, desperate to survive and at that point willing to do anything -- and what will be in front of them to do? I should say "us," not "them." Jobs have already been exported over seas. Nothing is produced or manufactured in this country anymore, to speak of -- not even wooden dining furniture. We manufacture coffee drinks and hamburgers. How many of us can hang onto to our home loan with skyrocketing prices and changes in the terms of the loans?

We have been bought and sold, and I think it's too late to do anything about it at this point.