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All Forum Posts by: Lee Common

Lee Common has started 44 posts and replied 387 times.

Post: Is ANYTHING Worth Fighting For?

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Shana,

Stop making sense your confusing me.

How is your writing coming?

Best, Lee

Post: Is ANYTHING Worth Fighting For?

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20


You're the man Mike!

As for your question what is worth fighting for?

Freedom Free will/Free Thought weather it is yours your loved ones or your enemies it is worth fighting for.

I maintain that by fighting for I mean in the same way as your quote.

Yes arm yourselves it's your constitutional right but, the idea of group's of individuals getting together talking about what is essentially a revolution will only empower the Gov. to swiftly wipe our rights/"privileges" away.

Doing so would play directly into the hand of those who's agendas is to control.

It's not enough for us to simply vote write our congressman and attend demonstrations though we have to find the solutions and implement them whether it take months years or decades.

That is what I am doing I'm speaking with the IMF, France's sovereign wealth fund

http://www.banque-france.fr/gb/publications/telechar/focus/focus_1.pdf

and studying macroeconomics globally as someone pointed out we are only 5% of the population of this world.

I believe it is in our best interests to have our own privately ran Sovereign Wealth Fund if we had took the 2 T $ we have squandered in so called bailouts & stimulus and invested that in emerging markets our balance sheet would be looking a lot better.

We would be creating those who would invest in us instead of turning to communist China.

What would people have said if 30 years ago if you were saying communists would be bailing out the US in 2008/9?

I propose we set goals plan and implement sustainable change by taking back control of our money saving and investing.

If we do not we will lose this war for our country there are those out there with other plans.

As a Canadian (Floor Trader and employer of 13,000 Americans) I was speaking to a couple months ago so eloquently put it. The plan is to FU*K things up so bad in the USA we will be begging for whatever "solution" is offered to us.

Post: What is a foreclosure?

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Dwan,

You are right but, the financier taking back the property often does not satisfy the loan. Once the financier has taken back the property it will go to auction where they will accept less than what is actually owed. You the former home owner will be issued a deficiency judgment in the amount of the difference. That will appear on your taxes as income for which you will also have to pay taxes.

If you are going into foreclosure you must negotiate with the bank for them to wave the deficiency judgment and sign off on a 1099-C which will absolve you of the difference in what you owed and what the property sold for at auction as well as your tax liabilities.

Best, Lee

Post: The Economy Is Fixed!

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

By Jeff Tumbarello

See pages 130-145 - a list of Banks the Government now OWNS due to its preferred stock holdings (which will soon be COMMON non-interest-bearing VOTING ownership)...

http://sigtarp.gov/reports/congress/2009/SIGTARP_Initial_Report_to_the_Congress.pdf

The "easy" view? Page 11, a tiny chart with a big view of a debacle yet to play out.. Note the BIG BOY percentages - these are our five "largest and strongest" Banks..

Don't worry, though - they want to pay it all back immediately, but the Fed won't let them. Uh huh - I wonder which one of them thinks they could write the check today. Their March quarterly balance sheets say they're still lying through their polished teefies.. Gee, what a surprise...

Within the next 3 weeks, most of 'em will get MORE cash to burn, that'll be gone by Q3 at the latest.

Somebody'd better stock up on morphine for the sheep, it's gonna be a rough summer/fall for the masses. Speaking of sheep, the BoA Shareholders re-elected the

Post: Energy that Multiplies Itself

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Here is another dandy one

http://peswiki.com/index.php/Directory:Shinyeon_Energy_Research_Center

I was speaking with Mr. Ladika of the South West Institute some months back as I find this interesting as well. He told me that some of these devices do indeed produce more energy the problem is its in the form of heat friction so it's lost in translation essentially.

Still I liked this one because I was discussing the principals of it with him. My theory was that if you used pistons and harnessed the oscillating air pressure it might work a little more efficiently.

If you click on photos/videos you can see it work.

Post: Energy that Multiplies Itself

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

I've seen about twenty video's with similar claims somehow these things never make it to market its a conspiracy I tell you.

Post: Looking for San Antonio Investors

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Mr. Investor,

Do you have some time this afternoon to discuss? Shoot me a ring my # is in my sig.

Best, Lee

Post: Looking for San Antonio Investors

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Every month I build and maintain a list of props going to auction.

I will have provide;

pictures
history on the property
balance of the note
assessed value
preliminary title work
% of tax value to what is owed

Plus much more info we find invaluable. Weather you are an investor looking for good properties to wholesale or an end buyer just looking for great deals I'm here to add value.

All the Best, Lee

Post: Using Social Networks for Marketing: Can you have too many Profiles?

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

IMO

It's about having an internet presence a place where an individual can see what you really think & how you react in a "heated debate". That being said as far as RE goes this is it for me. Still I'm maintaining a presence on Morningstar & the Von Mises Institute to discuss economics, bond & stock markets as well as political theory.

Best, Lee

Post: Wanna see where your $300B went from TARP 1?

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Jeff,

Thanks for the info.

Try to give me a call when you get a min.

Best, Lee