The Damage in Harlem, NY due to the Real Estate Bubble

The real estate bubble and the ensuing collapse of the bubble have made havoc with our communities. Take a look at Harlem NY around 125th St. On the one hand, large office towers are contemplated for 125th St. Yet the rising rental prices are also kicking out stores that have been in the community for a generation. One of these is the Record Shack on West 125th st. The Record Shack was threatened with eviction in a nasty battle in 1995, but this time there may be no way out, with a possible eviction date of March 1st. Now, wouldn't it be ironic if the same construction projects and high rents collapse after the bubble in New York finally collapses?

Do you want to Stimulate the System Now?

How do you match your income at the current rate of stimulation of the bankrupt financial system? This economy will not recover this way? We can forget monetary stimulation. We need government control of credit, the issuance of credit. We need to direct it to infrastructure, necessary business and economic activity. Take down the current financial system. This is what LaRouche is warning us.

Loudon county Virginia, with the collapse of the real estate bubble, is becoming the ground zero of the collapse of the economy. This is the center of the home foreclosures, at least in the Washington DC area. The subprime crimes have hit, the foreclosures, the bad mortgages. We don't need to have "sexual stimulation" of a dead economy, we need a bankruptcy reorganization.

Bloomberg- Death by a Thousand Cuts

Bloomberg is threatening to run an independent Presidential campaign, financed by his billions. It is scary, because under certain circumstances he could win. We know that him in power would be direct hard-nail fascism, since his whole business background and world view is to bail out the existing financial system no matter what.

Already, in NY City, Bloomberg is merrily cutting services by 2 1/2 percent for the next six months, and planning to do so by 5 percent over the next year.

Hillary Clinton may be able to continue to mobilize the invisible voters, the forgotten man. She has at least addressed the need for a moratorium of home foreclosures. She knows we must do something with home mortgage payments skyrocketing and potentially three million household to lose their homes. Of course, the banks are also threatened to go belly up.

pix at : http://www.reason.com/blog/show/120195.html
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The T-Shirt Queen is allright

In this age of collapse and globalization, it is nice to see someone trying to do the right thing. That is Chitra Desi, and her I Love Harlem apparel line, and she really is the t-shirt Queen. She is trying to get jobs in Harlem. All orders will be silkscreened in Harlem, NY, New York City.

Here is her video, from Fashion Fever, by Struggle Shop, on blip.tv

The Used Car Thing

Getting Used Cars has always been a difficult subject. Like would you trust that Used Car salesman? Would you want your daughter to marry a used car Salesman? But, now, in the age of the Internet, things are changing. You can go to this Used Car portal, based in the UK, and shop for a car online. You click on the type of car that you want. You are ask if you will buy a car 5, 10 20 miles away, or anywhere in the United Kingdom of England, Scotland, Wales and Northern Ireland, and you're on your way.

These cars are listed by brand, and then price, year and mileage. Plus you are told where you can go to pick them up. You can buy either from a private owner, and car dealer or both. You can even ask the person questions. Has the car had a tune-up, or any replacement parts? If the person is a private owner, why is he selling, what kind of repairs has he made, and what experience has he had with the car. This Buy Your Car site, buyyourcar.co.uk even has some advice to help you avoid various scams in this nasty day and age that we live in. And note, this is apparently only for people in the UK, I don't see any indication that these cars are being shipped to the United States or Europe, or anything like that. These friendly people even provide you with an 18-point check list for your car search. So it seems like a good way to save money in our current economic downturn. So enjoy the car, and watch out for the real estate bubble.

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