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HORRIBLE:  OBAMA Targets Real Estate Control in Massive Power Grab  |  Episode 96

HORRIBLE: OBAMA Targets Real Estate Control in Massive Power Grab | Episode 96

FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's


HORRIBLE: OBAMA Targets Real Estate Control in Massive Power Grab | Episode 96

FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's

ratings:
Length:
10 minutes
Released:
Jul 13, 2015
Format:
Podcast episode

Description

A new policy from the Obama administration has the sinister aim of taking control of local real estate laws under the guise of expanding access to “fair housing”.  I’m Bryan Ellis.  I’ll tell you the teriffying details of how it works and why it must be CRUSHED right now in Episode #96Intro HereHello, my friends.  It’s SO GREAT to be back in the saddle and able to join you each day as normal.  Many of you know I’ve been traveling with my family for the past couple of weeks, and while we had a great time, it is so, so good to be back with you!  Today’s episode will be just a tad long, but it’s important.Quick question:  Do you want to be the investment wizard among your colleagues?  Do you want to be the person that others are always asking for advice… because your results are just consistently better than everyone else gets?  There’s a way to do that.  If you’re an affluent investor… and you like the idea of making very substantial cash-on-cash returns from real estate without doing the work yourself, then check out S3Flip.com.  You’ll be very, very, very glad you did.  S3Flip.com.My friends, the Obama regime published a new set of rules last week concerning the housing market, and let me just say… this is even more aggressive than Obamacare… and the effects will be even worse.The new policy is called “Affirmatively Furthering Fair Housing”, and it’s a very thinly veiled approach to expanding the power of the federal government over the real estate market by injecting racial politics, and subjecting racial minorities to second class citizen status… all in the name of making Uncle Sam stronger, and you and me, weaker.Here’s the idea:Uncle Sam, in his infinite – it’s not wisdom… maybe it’s more like power-madness – anyway, in his infinite power-madness, Uncle Sam discovers that a particular neighborhood isn’t racially “diverse”.  Or… at least, not enough such that Uncle Sam is placated.I feel dirty sullying the reputation of Uncle Sam by using that generic term rather than Obama’s name, so I’m going to stop now.  You and I are adults and regardless of where you or I stand politically, this is a huge attack on us as individuals and our ability to invest wisely, so I think I’ll go ahead and dispense with the pleasantries for now.So let’s consider an example.  Obama looks at neighborhoods all over the fruited plain, and what he finds is a neighborhood in somewhere, like, say, Georgia.  Or California.  Or Montana.  Doesn’t matter.  So this neighborhood in Georgia, Obama decides that this neighborhood, and the locale in which it’s located, is guilty of racism.  Yep… everybody there… they’re racists.Why?Well, Obama looked at the racial makeup of the area, and decided it wasn’t “diverse” enough.Can you feel Dr. Martin Luther King Jr. rolling over in his grave right now?  His dream that his children would be judged by the content of their character rather than the color of their skin… well, I don’t think Dr. King has ever had a bigger enemy than Barrack Obama.Anyway, Obama decides this area isn’t sufficiently racially diverse.  So, he forces the local community to accept Section 8 and other government-funded public housing into the area.Now… note something important here.  These areas Obama wants to target… mostly lower middle class neighborhoods… there’s one and only one impediment keeping ANYONE from living there who wants to, and that’s the ability to buy or rent a home there.  In other words, if you’ve got the money to move into the area, you can do it… no matter what your race.So, there’s absolutely ZERO racial discrimination involved.  None whatsoever.Alas, Obama is stretching the meaning of an already terrible ruling from the Supreme Court that was handed down 3 weeks ago.That court case addressed an issue called “disparate impact”, which allows the government to make charges of racial discrimination where discrimination clearly doesn’t exist.  For example:  Maybe you have rental property and require that your tenants have a cred
Released:
Jul 13, 2015
Format:
Podcast episode

Titles in the series (100)

Do you INSTINCTIVELY KNOW that Wall Street doesn't have your best interests at heart, and that there's a better way to grow and protect your money to build wealth for generations? Then this is the alternative investments show for you. Self Directed Investor Talk is America's ONLY Podcast exclusively for Self Directed Investors (whether using a Self Directed IRA, Solo 401k, or non-retirement accounts) who trust themselves more than they trust Wall Street. You'll get innovative investment strategies, deadly accurate market analysis, and uniquely vetted profitable investment opportunities that conventional financial advisers don't even know about. You'll receive a powerful new episode every day of the week... and each episode is 10 minutes or less! Check it out right now! See acast.com/privacy for privacy and opt-out information.