Monday, December 14, 2020
NIce immediate proof
A quick proof that "elections" are solely about making money for candidates and parties and media.
Joshua Freed, who was a "candidate" for governor, is now using his email list to send out a prospectus for his latest "investment" IPO.
I have several acquantences who are lenders. They raise capital and then get a line of credit from banks to expand their lending capabilities. The lenders are allowed to have a construction loan on their line of credit for no more than 12 months. With COVID several builders have been delayed 6 months and their loan timeframe is running up. The lender must remove the defaulted loan (only in default due to time-limit) off their books and put it on their limited equity. It is best for the lender to sell at a discount. These loans are collecting 12% interest. We will be purchasing these otherwise performing loans at 8-10% discounts. The loans are secured by collateral in the builders project at 60% LTV%. The loans are construction loans for vertical construction of single family homes. We will become the lender collecting 12%, earning all extension fees, and making profit at closing as the builder is still online for the full loan amount. The projected profit of 15%.Pure Wall Street crap. ETFs and derivatives of derivatives of derivatives. Blood money. Profiting from the evil work of the tyrant he was allegedly "running" "against". I had initially supported him, then switched to Culp when Freed showed he was NOT serious about opposing tyranny. He made a video praising the rioters in Seattle, agreeing with CNN and MSNBC that the rioters were an innocent "merry carnival of love" or some such shit. Now that the shouting is over, I have to accentuate the positive on Culp. He never got any money or help or advertising from the establishment Repoofs, and raised $3 million on his own. He held ROCK STEADY until the end on the issues that matter. Never converged to the enemy, never converged to the chickenshit cowardass sissyass pussyass Repoofs who only worry about license registration fees. Culp is a Reference Standard for opposition politicians.
Labels: Metrology, Sucker Filter
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