I would have prefered if he had bulldozed the bank or the nearest IRS office, but this is great stuff anyway.
"As far as what the bank is going to get, I plan on giving them back what was on this hill exactly [as] it was. I brought it out of the ground and I plan on putting it back in the ground." // Terry Hoskins
MOSCOW, Oh. -- A Clermont County man does the unthinkable and bulldozes his home rather than face foreclosure.
As a result, he could now face legal action.
A pile of rubble now sits at 2066 Laurel Point Isabella Road in Clermont County.
Two weeks ago, Terry Hoskins of Moscow admitted to taking a bulldozer and tearing it down rather than face foreclosure.
A picture from the Clermont County auditor's Web site shows what it used to look like. It was valued at close to $300,000.
The Clermont County Sheriff's Office says the home was in foreclosure and set for sale on Feb. 23. That date has since been canceled because there is no home to auction.
Hoskins told the Associated Press that he had struggled with River Hills Bank in Clermont County for years and had problems with the Internal Revenue Service.
According to Hoskins, the IRS placed liens on his carpet business and the bank claimed his house as collateral.
That business is set for auction sale on March 2.
Hoskins filed for bankruptcy but decided two weeks ago to tear his house down himself rather than the bank taking it.
Sunday, February 21, 2010
On our way down the abyss
Another couple of articles today that illuminate our current financial situation. Although as usual without conclusions or real background information, it is still nice to see someone from the mainstream media, at least indirectly, warning about our impending doom.
The truth is that we’ve reached the end of the line. There are no more trickery, borrowing or printing that can once again inflate the bubbles. This is it. When the depression, that never went away – it is still lurking behind the scenes – hits the world, it will overshadow anything ever seen before.
This time it isn’t only one or two markets, it’s not just inflation or only debt-mountains. No. This time it is all of them and then some.
The welfare state has grown out of control. Socialism have rampaged through the markets, fascism is growing and hindering the last bastions of freedom such as the Internet. But more importantly then any ideological label is that the rich, the powerful, the elitists, the enemy class, have consolidated their power and the oligarchical structure of übermench have gone global.
In reality it isn’t about left VS right anymore. Sure you can find lots of examples of leftie righteousness running amok, but for the most part our market economies are still there. They are overregulated, controlled and taxed beyond belief, but still there and the ones in charge want to keep ‘em there. You see it is the free market or the small portion of capitalism we have that creates value and wealth and if they take that away there’s no-one left to tax or steal from, and you can be damn sure they know it.
So we have a sort of center-left fascist mix we really should give a new name. Maybe ‘Populist Statism’? ‘GramscoFabiaNazism' perhaps?
It is very likely that this way of governing will sooner or later tip over into a more pure socialist or, probably more plausible, fascist order. To a large extent we’re seeing it already.
Even though the Church of Climatology, one of many scams used to further consolidating power and bring forth world governance, has been exposed as the lie that it is, we’re still seeing far gone signs of elitist appreciation of this religion. And even if the public outcry becomes too strong, they can always use that money and those scams to found any number of government policies and departments.
But this post is really about economy, not ideology. It is about facts, not opinion.
In reality the debt accumulation that already several years ago had gone too far, have put a serious dent in the elitist power structure.
The coming years most countries have obligations on top of the already amass debt that corresponds to 300%-400%-500% or more of GDP. This leaves politicians with very little choice. Either cut expenditures or rise taxes, maybe a combination of both. And do you think people will be happy when all the promised welfare checks go away?
Public debts are bad, but private and company debts are also at an all-time high. Remember the ‘Minor Depression’ we had in the 1930’s? Back then, before the crashes, most people didn’t have huge debts and certainly not credit card debts. Most people own their homes, most people worked in producing companies and it was only a couple of main problems that lead up to that petite little thing.
The debts aren’t the only problem though. Debts alone we could handle, it would be tough but doable.
How they’ve yanked up the printing-machines so far would also be manageable, seen as an isolated problem. Inflation will steal more of our actual income and the indirect tax that comes with will further bring power to the enemy class. When I say “so far” you should know that some, if not many, countries will continue to print money as a way of paying off debt. If that is the case, which is very likely, we’re faced with a worse situation. But as said, the inflation problem alone our civilizations would survive.
Power-grabbing scams such as manmade global warming, Tobin-taxation and GDP-trickery we would also be able to cope with. If they were isolated or sole problems.
Even the ever expanding control-grid and the never ending increase in bureaucracy isn’t enough to have us crashing and burning.
And if it was only one or two countries we could handle it, but it’s not, it’s almost all of them. A worldwide problem consistent of many problems. Those mentioned here and many others.
So when we add it altogether and really think about where this is going, how do you think it looks then?
The boat isn’t just sinking, it has already sunk. We’re gobblegobbling on our way down while the band keeps playing and the crew announces that everything is fine. You all keep eating, keep shopping at the promenade and don’t worry about a thing. Nothing to see out the window folks, keep moving. The captain and his marry band of bandits that raided your cabins while you were feasting are however gone. They are still on the surface broadcasting messages of ‘everything is fine’ to the populace down below.
You need to know who to really blame for this. Our elitists will of course conjure up ‘Muslims’, ‘greed’, or any other ‘scape-goat to cover their arses and stay in power. Don’t buy it.
Truth to say, if you really want to know who to blame, you need only to look in a mirror. You voted for them, you wanted it, you said nothing and have done even less.
But you’ve also been fooled.
When the entire spectra of everyone from journalists to big business, from government to scientists, from unions to the biggest banks i.e. the entire enemy class says something and argue for it over decades, you can be partly forgiven for listening.
Schools spitting out mindless automatons and peer-pressure have done the rest.
So when you roam the countryside in the future, looking for food, shelter and work, please listen to what I now say.
Don’t blame us that said this was coming, don’t blame markets or companies in general, don’t blame Muslims, Jews or any other group of people. Put some of that blame on yourself, but as soon as you’ve realized what role you played, put the blame were it really belongs; with banksters, politicians, journalists and all of their direct supporting personnel.
And as said before, when you encounter one of our enemies on your travels, please make sure to bury the corps and mark the ground so the next traveler knows were to stop for a piss and a little jig.
The truth is that we’ve reached the end of the line. There are no more trickery, borrowing or printing that can once again inflate the bubbles. This is it. When the depression, that never went away – it is still lurking behind the scenes – hits the world, it will overshadow anything ever seen before.
This time it isn’t only one or two markets, it’s not just inflation or only debt-mountains. No. This time it is all of them and then some.
The welfare state has grown out of control. Socialism have rampaged through the markets, fascism is growing and hindering the last bastions of freedom such as the Internet. But more importantly then any ideological label is that the rich, the powerful, the elitists, the enemy class, have consolidated their power and the oligarchical structure of übermench have gone global.
In reality it isn’t about left VS right anymore. Sure you can find lots of examples of leftie righteousness running amok, but for the most part our market economies are still there. They are overregulated, controlled and taxed beyond belief, but still there and the ones in charge want to keep ‘em there. You see it is the free market or the small portion of capitalism we have that creates value and wealth and if they take that away there’s no-one left to tax or steal from, and you can be damn sure they know it.
So we have a sort of center-left fascist mix we really should give a new name. Maybe ‘Populist Statism’? ‘GramscoFabiaNazism' perhaps?
It is very likely that this way of governing will sooner or later tip over into a more pure socialist or, probably more plausible, fascist order. To a large extent we’re seeing it already.
Even though the Church of Climatology, one of many scams used to further consolidating power and bring forth world governance, has been exposed as the lie that it is, we’re still seeing far gone signs of elitist appreciation of this religion. And even if the public outcry becomes too strong, they can always use that money and those scams to found any number of government policies and departments.
But this post is really about economy, not ideology. It is about facts, not opinion.
In reality the debt accumulation that already several years ago had gone too far, have put a serious dent in the elitist power structure.
The coming years most countries have obligations on top of the already amass debt that corresponds to 300%-400%-500% or more of GDP. This leaves politicians with very little choice. Either cut expenditures or rise taxes, maybe a combination of both. And do you think people will be happy when all the promised welfare checks go away?
Public debts are bad, but private and company debts are also at an all-time high. Remember the ‘Minor Depression’ we had in the 1930’s? Back then, before the crashes, most people didn’t have huge debts and certainly not credit card debts. Most people own their homes, most people worked in producing companies and it was only a couple of main problems that lead up to that petite little thing.
The debts aren’t the only problem though. Debts alone we could handle, it would be tough but doable.
How they’ve yanked up the printing-machines so far would also be manageable, seen as an isolated problem. Inflation will steal more of our actual income and the indirect tax that comes with will further bring power to the enemy class. When I say “so far” you should know that some, if not many, countries will continue to print money as a way of paying off debt. If that is the case, which is very likely, we’re faced with a worse situation. But as said, the inflation problem alone our civilizations would survive.
Power-grabbing scams such as manmade global warming, Tobin-taxation and GDP-trickery we would also be able to cope with. If they were isolated or sole problems.
Even the ever expanding control-grid and the never ending increase in bureaucracy isn’t enough to have us crashing and burning.
And if it was only one or two countries we could handle it, but it’s not, it’s almost all of them. A worldwide problem consistent of many problems. Those mentioned here and many others.
So when we add it altogether and really think about where this is going, how do you think it looks then?
The boat isn’t just sinking, it has already sunk. We’re gobblegobbling on our way down while the band keeps playing and the crew announces that everything is fine. You all keep eating, keep shopping at the promenade and don’t worry about a thing. Nothing to see out the window folks, keep moving. The captain and his marry band of bandits that raided your cabins while you were feasting are however gone. They are still on the surface broadcasting messages of ‘everything is fine’ to the populace down below.
You need to know who to really blame for this. Our elitists will of course conjure up ‘Muslims’, ‘greed’, or any other ‘scape-goat to cover their arses and stay in power. Don’t buy it.
Truth to say, if you really want to know who to blame, you need only to look in a mirror. You voted for them, you wanted it, you said nothing and have done even less.
But you’ve also been fooled.
When the entire spectra of everyone from journalists to big business, from government to scientists, from unions to the biggest banks i.e. the entire enemy class says something and argue for it over decades, you can be partly forgiven for listening.
Schools spitting out mindless automatons and peer-pressure have done the rest.
So when you roam the countryside in the future, looking for food, shelter and work, please listen to what I now say.
Don’t blame us that said this was coming, don’t blame markets or companies in general, don’t blame Muslims, Jews or any other group of people. Put some of that blame on yourself, but as soon as you’ve realized what role you played, put the blame were it really belongs; with banksters, politicians, journalists and all of their direct supporting personnel.
And as said before, when you encounter one of our enemies on your travels, please make sure to bury the corps and mark the ground so the next traveler knows were to stop for a piss and a little jig.
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