Bravo for writing this Matt! As I wrote after your testimony before the House, I am proud to call you a fellow American. The msnbc appearance will undoubtedly be full of bad faith questions and lecturing. Hope you make it through with your sanity intact. My subscription to your substack has been justified 1000%!
Bravo for writing this Matt! As I wrote after your testimony before the House, I am proud to call you a fellow American. The msnbc appearance will undoubtedly be full of bad faith questions and lecturing. Hope you make it through with your sanity intact. My subscription to your substack has been justified 1000%!
I've been a Taibbi fan since the Vampire Squid days. I was a homeowner victimized by the banks crimes against the mortgagors. Who would have thought that a Rolling Stone journalist would be the only one calling out the crooks? It boggled the mind.
I wish Matt would write about the proposed UCC Amendments that are going through 24 legislatures, as we speak, that put in peril millions of mortgages currently held. I write about it. Hope a few of you read what I wrote and take action.
Medhi H. was often WRONG in his line of questioning, but this was hardly an ad hominem attack interview. I have subscribed to Taibbi for FOUR YEARS, but that doesn't make me any more likely to parrot pro-Taibbi tribal bullshit than I am to parrot the US elite's tribal bullshit.
Hasan's first question: "Why do you believe these Twitter files are so important, and what should our viewers know about what's in them?"
Second point, cites agreement that FBI spends too much time and effort on social media efforts.
Third point: "Does your reporting show evidence of government censorship? I don't think so." Shows Biden *campaign* requests, points out they are not government. Says that the tweets in question also were to take down Hunter Biden near nudes or whatever, violation of twitter terms of service. Asks if Taibbi "didn't know [that] in which case that's kind of incompetent, or if he was hiding that fact". Matt goes on tirade about how MSNBC is incompetent and always has been.
That's true, but it was non-responsive to the point. Especially since a minute later Matt says he DID know that was the content "of course". So the IF from Hasan's construction is not held and he's not even calling Taibbi incompetent in the first place, he's simply accusing him of hiding something, which is fair.
To sum up: this was an interview with challenging questions, and Hasan embarassed himself later with false premises in some of those challenging questions. A better prepared Taibbi would have eviscerated him on the spot, and Hasan was later eviscerated on Twitter and shown to have no clothes. However, Taibbi's stance that this was an ad hominem attack interview is off base.
Hasan tried to answer the questions in 'entrapment' techniques, and then edit the answer. Classic msnbc rat game. I do not find fault with Taibbi. msnbc is KNOWN to hate what Taibbi accomplished, so all 'inuendos' and slurs are typical. as for their star 'anchor,' that woman, she is far worse. I expected no integrity of ANY msnbc human, that's what I watched. I agree, Matt COULD have eviscerated them, and indeed, in our estimation, should have. Occasionally, I believe many of us are all still way too polite out here. Time to trash the trash.
This is among the many below-the-radar, WEF-style, surreptitiously-forced anti-Capitalist strategies designed to separate individuals from the ability to survive independently from the State. Property rights (the *most* important ones of all!) are being stealth-destroyed by a thousand Statist cuts.
After reading Matt's take-down of MSNBC, I had to write my own take-down to my legislature for passing the UCC Amendments I wrote about in my first Substack post.
How were mortgagees (lenders) victimizers except that they did a bad job of being parents and saying "no" to borrowers who were unlikely to successfully repay their loans? I've never understood that framing.
Apparently you haven't read much regarding the Great Financial Crime Spree. I, myself, was a victim of the banks in 2 ways, one I write about in my first Substack post, but the other one was I was bait and switched at closing. Prior to closing, I was presented a prime loan, 30-year fixed. At closing, the loan presented was a negative am surprised loan. I am not financially sophisticated and should have rejected those closing documents however the real estate transaction I had agreed to would have put my $15,000 escrow on the line had I not closed on the date within the contract. So, I literally was trapped. I believed that in a year or so I could refinance and be fine. Then the real estate market collapsed. There were many people who were bait and switched, the lenders also were manufacturing financial documents to "fix" people's financial problems in back rooms. One Citigroup whistle-blower stated that mortgage backrooms looked like an art department because of the whiteout and pasting up new documents that was going on. This was all to feed to fraudulent RMBS Trusts that were providing Wall Street billions of money. Bonuses were all that mattered.
So your real estate purchase agreement didn't specify the minimum terms you'd accept as to amount, rate and term in a standard mortgage contingency? Did you not qualify for a fixed rate loan of the ordinary, amortized kind? If you did, why take the offered alternative?
Likely because the monthly payment was much smaller and you were sure you could get out when the introductory term elapsed. You placed a futures bet and lost. Did you have the benefit of counsel in any of this or did you waive it?
You are intent on making this my fault. Either look at the big picture A FUCKING BAIT AND SWITCH occurred or what I believe is you are a troll. Goodbye
The reason is in my first Substack article. If you are interested in why you can't and why the price of houses has risen much higher than inflation, read my Substack article. There will be more content coming. But please take action if you live in one of the states mentioned in the links.
The banks made SO MUCH MONEY during the Great Financial Crime Spree, why not conduct a do-over? They were bailed out with TWENTY NINE TRILLION, yes that's trillion with a "T." And all that money was stolen and put in someone's pockets. Plus no one went to jail, so now we're watching Greater Financial Crime Spree in progress.
In addition, our education system isn't teaching about the Great Financial Crime Spree. I have two colleagues just out of college. Neither know anything about what happened in 2008. That's like us not knowing about the Great Depression. There are so many avenues now of propaganda it's truly mind boggling.
"...Please find a link to the National Law Review analysis of these proposed UCC Amendments: New UCC Article 12 Matters to More than Just Cryptocurrency."
Attention "WAHomeowners" or "karen1p's substack": The link "National Law Review" link is a paid "advertisement"---more specifically it's propaganda distributed by BitCoin shills. Are you a BitCoin shill yourself? Or just the average, everyday Racket News commenter?
Did you actually READ my article I posted? I state "conservative blogs" are sounding the alarm on the proposed UCC Amendments issuing alarms about CBDCs, while that is a concern, the far bigger alarm needs to be the Amendments allowing the bankers to utilize the creation and delivery of electronic promissory notes. Why does this imperil our system? During the financial crime spree of 2008, the homeowners found the bankers were multiply-pledging notes into different RMBS trusts simultaneously. That is why public pensions are severely underfunded nationwide and also why the bailout, which was 29 TRILLION, was such a massive undertaking. The horrific Amendments would legalize the use of electronic promissory notes with zero consumer protection against these criminal aspects. Rather than trying to make a "gotcha" blogpost reply, perhaps you should learn how the bankers continue to imperil our financial system, dontcha think?
If you actually read my post on my Substack, the link that idiot Feldspar misquoted, the National Law Review, that article covers the additional dangers of the proposed UCC Amendment bills. So Mr. Idiot Feldspar is either a spook, or a spook.
You have undoubtedly done good work, but IMHO, this time is different; hence there will be a different outcome. Most importantly, approximately 85% of home mortgages are fixed rate, there is a housing shortage, and home builders are doing rate buy-downs to close deals. This cycle is the opposite of 2006-2008. I agree that home prices in hot markets will go down, but after a 40% rise in 2 years, that's not significant. IMHO, the real problem this time is Trillions in consumer credit and reckless fiscal spending creating Biden inflation, causing Fed rate hikes slowing the economy, and resulting in severe job layoffs. That event will start the dominoes to fall.
The dominoes are the banks. Will it be the next one that starts the line falling, or the next one, or...?
The Fed has lost control, and is trying to hide their panic.
Yes, the housing market is a canary (of various colors, depending, as you allude, to the positions of several cycles that impinge on the largest investment by far the vast majority make), but it is much too complicated (and local) a market to inform the public on policy.
The peeps will notice the big (captured) banks get bailed, while the medium (dependent on FAIR competition) are left (pun intended) to die by State-design, they being much too numerous to capture effectively with their emphasis on actually *serving* the individual.
Then, shazzam!
Total State control of *all* forms of wealth-stores-of-value.
Repeat that over and over until it really sinks in.
It was the subprime issue AT FIRST in 2008. What really did the trick was the dropping housing prices and the job losses. It is dropping housing prices and job losses that are fueling this housing crisis. It won't matter if you have a fixed rate mortgage if you can't pay the monthly bills and have no job.
Well, let's look at what happened in 2006-2007: in Florida, there were already 6 million foreclosures happening.....while on the West Coast, we were still buying properties. So, if you don't think that there is a housing crisis happening.....I'm sorry, but there is. And as the crisis widens, the East Coast will be falling too. Foreclosure Crisis II is underway.
Jobs report that came out yesterday was an abomination. The dollar is falling. Interest rates continue to rise. And holy shit, Jamie Dimon is stating that the government should apply eminent domain to get the climate crisis under control. For those of you that are unfamiliar with eminent domain, that's where the government can confiscate your private property because they've declared it an emergency.
I should have been more clear. It was never my intent to suggest there is no housing crisis, only that while it's in full throttle in some places, in those locales governed by more sanity, the wheels have yet to roll over us. I have zero doubt that catastrophe is around the bend and preach as much daily to anyone willing to listen. Fact is, I've reached a point where I view capitulation or violence as the only possible paths.
Just watched the aforementioned "interview." Interesting how these "journalists" like Medhi bring you on to ask specific question-statements, then talk over you the entire time instead of letting you answer, then they frame it as a "debate" even though they are the moderator and don't allow any rebuttals to their statements. It is nothing more than echo-chamber entertainment. It's the modern equivalent of the gladiators in Rome. They force anyone who has dared to offend the emperor into a heavily unbalanced cage match where they enjoy full armor, weaponry, and unquestioned support of the entire audience, while you don a loincloth armed with a pencil.
The fact MSNBC felt they had to have Matt on says a lot. The Twitter Files are really getting under their skins. Their friends are talking. They're worried. Good.
Before Matt goes on a show, he needs to understand what will happen. I would have just said, "this is not a meaningful or honest debate...I'm out of here" and walked off. That would have been the right statement and let them spin it any way they want. You don't need them to be successful.
Bravo for writing this Matt! As I wrote after your testimony before the House, I am proud to call you a fellow American. The msnbc appearance will undoubtedly be full of bad faith questions and lecturing. Hope you make it through with your sanity intact. My subscription to your substack has been justified 1000%!
I've been a Taibbi fan since the Vampire Squid days. I was a homeowner victimized by the banks crimes against the mortgagors. Who would have thought that a Rolling Stone journalist would be the only one calling out the crooks? It boggled the mind.
I wish Matt would write about the proposed UCC Amendments that are going through 24 legislatures, as we speak, that put in peril millions of mortgages currently held. I write about it. Hope a few of you read what I wrote and take action.
I wish Matt would have a Vampire Squid t-shirt in his merch shop. It would be an instant classic!
Put me down for two!
Medhi H. was often WRONG in his line of questioning, but this was hardly an ad hominem attack interview. I have subscribed to Taibbi for FOUR YEARS, but that doesn't make me any more likely to parrot pro-Taibbi tribal bullshit than I am to parrot the US elite's tribal bullshit.
Hasan's first question: "Why do you believe these Twitter files are so important, and what should our viewers know about what's in them?"
Second point, cites agreement that FBI spends too much time and effort on social media efforts.
Third point: "Does your reporting show evidence of government censorship? I don't think so." Shows Biden *campaign* requests, points out they are not government. Says that the tweets in question also were to take down Hunter Biden near nudes or whatever, violation of twitter terms of service. Asks if Taibbi "didn't know [that] in which case that's kind of incompetent, or if he was hiding that fact". Matt goes on tirade about how MSNBC is incompetent and always has been.
That's true, but it was non-responsive to the point. Especially since a minute later Matt says he DID know that was the content "of course". So the IF from Hasan's construction is not held and he's not even calling Taibbi incompetent in the first place, he's simply accusing him of hiding something, which is fair.
To sum up: this was an interview with challenging questions, and Hasan embarassed himself later with false premises in some of those challenging questions. A better prepared Taibbi would have eviscerated him on the spot, and Hasan was later eviscerated on Twitter and shown to have no clothes. However, Taibbi's stance that this was an ad hominem attack interview is off base.
Hasan tried to answer the questions in 'entrapment' techniques, and then edit the answer. Classic msnbc rat game. I do not find fault with Taibbi. msnbc is KNOWN to hate what Taibbi accomplished, so all 'inuendos' and slurs are typical. as for their star 'anchor,' that woman, she is far worse. I expected no integrity of ANY msnbc human, that's what I watched. I agree, Matt COULD have eviscerated them, and indeed, in our estimation, should have. Occasionally, I believe many of us are all still way too polite out here. Time to trash the trash.
That's actually a great idea.
Matt said once that that quote will, "probably be on my gravestone".
Like classic(al) liberals?
Those were the days matt is a grinding granite kinda guy he will never give up neither will we!
ONWARD
https://wahomeowners.substack.com/p/think-your-mortgage-is-safe-think
Please read.
Yes, please read!
This is among the many below-the-radar, WEF-style, surreptitiously-forced anti-Capitalist strategies designed to separate individuals from the ability to survive independently from the State. Property rights (the *most* important ones of all!) are being stealth-destroyed by a thousand Statist cuts.
And SUBSCRIBE! There will be more content as I can write it along with a full time job! Haha.
Eat my shorts, Vampire Squid!
After reading Matt's take-down of MSNBC, I had to write my own take-down to my legislature for passing the UCC Amendments I wrote about in my first Substack post.
Thanks, Matt, for giving me the courage to pen this amazing take-down: https://open.substack.com/pub/wahomeowners/p/my-best-take-down-yet?r=tbmjj&utm_campaign=post&utm_medium=web
How were mortgagees (lenders) victimizers except that they did a bad job of being parents and saying "no" to borrowers who were unlikely to successfully repay their loans? I've never understood that framing.
Apparently you haven't read much regarding the Great Financial Crime Spree. I, myself, was a victim of the banks in 2 ways, one I write about in my first Substack post, but the other one was I was bait and switched at closing. Prior to closing, I was presented a prime loan, 30-year fixed. At closing, the loan presented was a negative am surprised loan. I am not financially sophisticated and should have rejected those closing documents however the real estate transaction I had agreed to would have put my $15,000 escrow on the line had I not closed on the date within the contract. So, I literally was trapped. I believed that in a year or so I could refinance and be fine. Then the real estate market collapsed. There were many people who were bait and switched, the lenders also were manufacturing financial documents to "fix" people's financial problems in back rooms. One Citigroup whistle-blower stated that mortgage backrooms looked like an art department because of the whiteout and pasting up new documents that was going on. This was all to feed to fraudulent RMBS Trusts that were providing Wall Street billions of money. Bonuses were all that mattered.
So your real estate purchase agreement didn't specify the minimum terms you'd accept as to amount, rate and term in a standard mortgage contingency? Did you not qualify for a fixed rate loan of the ordinary, amortized kind? If you did, why take the offered alternative?
Likely because the monthly payment was much smaller and you were sure you could get out when the introductory term elapsed. You placed a futures bet and lost. Did you have the benefit of counsel in any of this or did you waive it?
You are intent on making this my fault. Either look at the big picture A FUCKING BAIT AND SWITCH occurred or what I believe is you are a troll. Goodbye
Tell me more. Lloidsells@yahoo.com
I sent you an email. We can talk.
The reason is in my first Substack article. If you are interested in why you can't and why the price of houses has risen much higher than inflation, read my Substack article. There will be more content coming. But please take action if you live in one of the states mentioned in the links.
The housing market here in Canada has been rigged and hacked too. It's really bad.
The banks made SO MUCH MONEY during the Great Financial Crime Spree, why not conduct a do-over? They were bailed out with TWENTY NINE TRILLION, yes that's trillion with a "T." And all that money was stolen and put in someone's pockets. Plus no one went to jail, so now we're watching Greater Financial Crime Spree in progress.
In addition, our education system isn't teaching about the Great Financial Crime Spree. I have two colleagues just out of college. Neither know anything about what happened in 2008. That's like us not knowing about the Great Depression. There are so many avenues now of propaganda it's truly mind boggling.
"...Please find a link to the National Law Review analysis of these proposed UCC Amendments: New UCC Article 12 Matters to More than Just Cryptocurrency."
Attention "WAHomeowners" or "karen1p's substack": The link "National Law Review" link is a paid "advertisement"---more specifically it's propaganda distributed by BitCoin shills. Are you a BitCoin shill yourself? Or just the average, everyday Racket News commenter?
Did you actually READ my article I posted? I state "conservative blogs" are sounding the alarm on the proposed UCC Amendments issuing alarms about CBDCs, while that is a concern, the far bigger alarm needs to be the Amendments allowing the bankers to utilize the creation and delivery of electronic promissory notes. Why does this imperil our system? During the financial crime spree of 2008, the homeowners found the bankers were multiply-pledging notes into different RMBS trusts simultaneously. That is why public pensions are severely underfunded nationwide and also why the bailout, which was 29 TRILLION, was such a massive undertaking. The horrific Amendments would legalize the use of electronic promissory notes with zero consumer protection against these criminal aspects. Rather than trying to make a "gotcha" blogpost reply, perhaps you should learn how the bankers continue to imperil our financial system, dontcha think?
Jeez, M. feldspar! Couldn't a mistake (or sabotage?) have been made?
What about M. WA's substance? He sure doesn't sound like a BitCoin shill to me, but maybe *I* am the fool.
If you actually read my post on my Substack, the link that idiot Feldspar misquoted, the National Law Review, that article covers the additional dangers of the proposed UCC Amendment bills. So Mr. Idiot Feldspar is either a spook, or a spook.
No doubt!
Well buying a house right now is not advisable. The housing market is crashing as we speak.
You have undoubtedly done good work, but IMHO, this time is different; hence there will be a different outcome. Most importantly, approximately 85% of home mortgages are fixed rate, there is a housing shortage, and home builders are doing rate buy-downs to close deals. This cycle is the opposite of 2006-2008. I agree that home prices in hot markets will go down, but after a 40% rise in 2 years, that's not significant. IMHO, the real problem this time is Trillions in consumer credit and reckless fiscal spending creating Biden inflation, causing Fed rate hikes slowing the economy, and resulting in severe job layoffs. That event will start the dominoes to fall.
The dominoes are the banks. Will it be the next one that starts the line falling, or the next one, or...?
The Fed has lost control, and is trying to hide their panic.
Yes, the housing market is a canary (of various colors, depending, as you allude, to the positions of several cycles that impinge on the largest investment by far the vast majority make), but it is much too complicated (and local) a market to inform the public on policy.
The peeps will notice the big (captured) banks get bailed, while the medium (dependent on FAIR competition) are left (pun intended) to die by State-design, they being much too numerous to capture effectively with their emphasis on actually *serving* the individual.
Then, shazzam!
Total State control of *all* forms of wealth-stores-of-value.
Repeat that over and over until it really sinks in.
It was the subprime issue AT FIRST in 2008. What really did the trick was the dropping housing prices and the job losses. It is dropping housing prices and job losses that are fueling this housing crisis. It won't matter if you have a fixed rate mortgage if you can't pay the monthly bills and have no job.
And thanks for reading my work. Appreciate that.
Depends on where you are; east of the continental divide, prices are still up (except for Austin, TX); west, prices are all down.
Well, let's look at what happened in 2006-2007: in Florida, there were already 6 million foreclosures happening.....while on the West Coast, we were still buying properties. So, if you don't think that there is a housing crisis happening.....I'm sorry, but there is. And as the crisis widens, the East Coast will be falling too. Foreclosure Crisis II is underway.
Jobs report that came out yesterday was an abomination. The dollar is falling. Interest rates continue to rise. And holy shit, Jamie Dimon is stating that the government should apply eminent domain to get the climate crisis under control. For those of you that are unfamiliar with eminent domain, that's where the government can confiscate your private property because they've declared it an emergency.
I should have been more clear. It was never my intent to suggest there is no housing crisis, only that while it's in full throttle in some places, in those locales governed by more sanity, the wheels have yet to roll over us. I have zero doubt that catastrophe is around the bend and preach as much daily to anyone willing to listen. Fact is, I've reached a point where I view capitulation or violence as the only possible paths.
Well, I've tried to "like" your post three times now. Substack isn't letting me. Thanks for the clarification!
That first like is mine (I liked it before reading your response), so it's working. I have found a quite long delay sometimes in hearts showing up.
Outstanding! Get тАШem, Matt.
You can add up just about everybody on cable news and it wouldn't equal the value of one Matt Taibbi.
I 100% agree!
Just watched the aforementioned "interview." Interesting how these "journalists" like Medhi bring you on to ask specific question-statements, then talk over you the entire time instead of letting you answer, then they frame it as a "debate" even though they are the moderator and don't allow any rebuttals to their statements. It is nothing more than echo-chamber entertainment. It's the modern equivalent of the gladiators in Rome. They force anyone who has dared to offend the emperor into a heavily unbalanced cage match where they enjoy full armor, weaponry, and unquestioned support of the entire audience, while you don a loincloth armed with a pencil.
The fact MSNBC felt they had to have Matt on says a lot. The Twitter Files are really getting under their skins. Their friends are talking. They're worried. Good.
For sure they would have loved it if they could keep on ignoring M. Taibbi.
Before Matt goes on a show, he needs to understand what will happen. I would have just said, "this is not a meaningful or honest debate...I'm out of here" and walked off. That would have been the right statement and let them spin it any way they want. You don't need them to be successful.
Agreed...except I would not walk off right away. Exercise some 1A right first, then walk off just before the commercial break.
Edit: "have not walked" replaced by "not walk"
Ditto here!
I appreciate your current level of misery you pathetic troll lol. Has Matt increased your cognitive dissonance?