Giving Illegals 0 Down Interest Free Mortgages (Secret Plan Revealed) | The Economic Ninja

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Summary

➡ The Economic Ninja discusses a controversial plan in California to offer zero down, interest-free home loans to illegal immigrants. Critics argue this could lead to economic instability and a housing market collapse, as they believe these immigrants may not be able to maintain their mortgage payments. The author suggests this is part of a larger, deliberate plan to control real estate and assets, and warns of potential negative consequences for the economy and citizens.
➡ The speaker is warning that the country is in a critical financial situation, with banks and the government potentially misusing funds and causing economic instability. They urge people to be aware of this, reduce their debts, and stop being distracted by trivial things. They also express concern about the amount of money being printed, which could lead to inflation, and the potential risks of digital currencies like bitcoin. The speaker encourages sharing this information to raise awareness.

Transcript

Um, there is a very, very sinister plan that is going on behind the scenes that I want to talk about today. And we’re going to talk about the housing market. We’re going to talk about the left and the right. We’re going to talk about a total destruction of our economy. And I believe personally it is planned. It is 100% deliberate and I’m going to use this story to explain it.

The story comes out of zero hedge. It’s entitled California moves to expand zero down interest free home loan program to illegal immigrants. We’ve seen lately the White House use as blackmail. If you want to secure border, then give us more money for wars outside of our country, then we’ll secure our border. It’s like the left completely does not care about the safety and security of our country. And I’m here to tell you that is exactly what it is.

There is a plan. I’m going to explain it today and I implore you to please share this video everywhere you can. Says a controversial bill that will let illegal immigrants receive the same kind of homebuyer assistance as us citizens has advanced in the California state legislature, drawing criticism from those who object to granting perks to people who break the law by entering the country illegally. Also, I want to remind you that our government is not treating all Americans the same.

Just recently the federal government has come out and said that if you have poor credit, don’t worry, if you want to buy a house, we’re not going to find you. We’re not going to add fees, we’re not going to let the banks add fees. Yet people with good credit are going to have those extra fees tacked on. We are in what most people would say is totally dystopian like.

Dystopia. People are losing their minds. But I want to explain, and I’m not joking, I think this is the most important message I’ve ever, ever shared. There is a reason it’s being done on purpose. And when you hear this, it’s going to make a lot of sense. It says this measure, assembly Bill 1840 was first introduced in mid January and after several amendments it advanced last week to the Committee on Housing and Community Development, where it awaits further action.

Assembly Bill 1840 would change existing law to allow illegal immigrants to be eligible for the California Dream for all fund, which provides interest free loans for a down payment on a home for first time buyers. So we’re talking 100% financing. The down payment would be interest free. And then we’re talking about, this is absolutely insane and I’m telling you, this is not just in California. There is a coercion between California, New York and Washington.

The feds. And I want people to understand how serious this is. The bill was introduced by California Assemblyman Joaquin Arbalula, a Democrat, which should be fired. But I’ll explain that in a second. Who last month told GBY, our Fresno based news outlet, that he wanted to ensure that qualified first time home buyers include undocumented applicants. Last week, as the bill advanced to committee after amendments, Mr. Abram blew up.

Who cares? Historic homeownership has been the main way people accumulate generational wealth in the United States. I want to remind you that in between 2007 and 2010, that is how generational wealth was wiped out of this nation by a lot of people that got in to a hot and heavy real estate market that was collapsing. And our real estate market is actually collapsing right now. And just so you know, this is not a way of just propping up the market.

I’m going to explain that in a second. Some lawmakers expressed opposition to the measure as it moves closer to becoming a law. Now it says some more details on this program. The California Dream for all program, administered by the state housing Finance agency, provides loans for 20% of a home’s value, but no greater than 150,000 qualifying homebuyers will repay the loans when selling or transferring the property, plus 20% of any appreciation its value.

Applicants who earn less than their country’s median income can get a slight break having to pay 15% on the appreciation. Okay, so this is for illegal immigrants. So let me explain something. Whether you like it or not, and I hate it, California and New York states are running this country. Why? Because they control the most amount of money, which means they’ve lost the most amount of their minds.

Both of these states are so far left, and this is their plan. And please understand how this works. For about the last 35 years, when we went from defined benefits retirements, where companies were in control of their own retirements, they had a defined benefit plan. Then we went to defined contribution, which meant there’s a defining moment where how much you put into your retirement and how much the company will put in for you.

And then it’s sort of in the hands of fund managers, something changed drastically. What happened was a bunch of bankers figured out a way to take money every week out of your paycheck and fool you under the guise of a tax break and building for your future ways of taking that money and controlling it. And what they do is for every dollar they take, they can make endless amounts of money and they give you a little bit because they take out money out of your pocket, out of the earnings they make, by the way, gambling it excessively.

And then if they fail, they go ask the governments for a bailout, right, similar to what you saw with pg e going into California and getting a bailout. So my point being is they go out and they just go reckless with this money. Then they control the assets, using these third party intermediary companies to control assets. And all they have to pay you is a small little stipend per month.

And what they’re doing is they’re soaking up all of the real estate and all of the assets around the country, California, by allowing illegal immigrants to take these homes. They know very similar to what bank of America did to Hispanics and African Americans in 2006 when they were finding themselves having a hard time to go and get homes or, sorry, to make loans because everyone else was tapped out.

They went to the minorities and they said, hey, and this is the truth, lower financial education. And this isn’t a race. Actually, everyone in this country has lower financial education because our education system is ensuring it. But back in 2006, they were going to people that weren’t even necessarily raised in our education system and they were saying, we’re going to give you a benefit. They knew full and well that all of those people, a large majority of them, a vast majority of them, could not make those mortgages.

Eventually, most of them didn’t even pay a payment. Within 90 days of making their first payment, they just quit. And those homes sat as inventory. And eventually the banks took them back, then resold them, kept the money, and then they were able to take that money and advance it even more. Well, I’m telling you, there is a group of people that are fiending over this and they’re planning on taking these homes.

So they are using taxpayer dollars, people that pay their taxes legally, that are in our country, legally in our state, and I’m talking about California and in New York. And they are taking that money, they are giving it to legals. And then they control the real estate, not the illegal immigrants. They control it because they know the likelihood of them losing their jobs, being unable, and think about this, unable to pay those.

And then also, like you saw that illegal immigrant that brutally beat those New York police officers, flipping off the cameras after they were released, not giving a crap about that house. They don’t give a crap. Type one, if you agree, when you’re given something for free, you don’t care about it. But when you work your butt off for it, you care, you take care of things. And these people, and I’m going to put them in a group, illegal immigrants that are crossing into our country, many of which are fighting age men.

I hope people understand how serious this is, aren’t going to give a crap about that real estate and they’re going to let it go. And that’s exactly what a handful of evil people want. They’re part of a global group that want to make all of us renters. This is why I have been so adamant about us getting out of debt, keeping our heads screwed on straight. Because when this turns into a free for all in the markets, when the markets all plunge, and they will.

Do I know the date? No, no one does. If they start giving you dates, they’re idiots. My point being is, if you know that this is coming, it’s going to be a free for all. And most Americans will be left on the streets because of something so simple called a credit score. Because most people will miss a single credit card payment, a single house payment, a single car payment, and they’re done.

The bank now has the straight up right to tell them, sorry, we’re not going to give you money to go and buy those foreclosures right there. That’s for our buddies. They were prudent. We are in a moment, right now in our nation’s history, that if you don’t wake up, we’re going to lose our nation. I am calling on the middle class, good hearted Americans, legal citizens that pay their taxes, to wake the freak up and start doing something now.

Get out of debt, get your head screwed on straight, stop going to a stupid soccer game or playing video games and wake up. This is the time. This ain’t a joke. Our country was found on amazing people. Some of those people had to believe a man named Paul Revere that they didn’t even know as he rode through towns screaming, the British are coming. The British are coming. People are sailing over from another country to murder us, get up and do something.

Yet we have that same threat right now, but it’s coming through finance instead of physical harm. Our government is blackmailing us, saying, you want a secure border, you want security, give us more money. Let us spend recklessly so we can destroy other countries, kill people. I have to accept it’s the hardest thing for a watchman. When you share the truth, it gets pushed down and hidden from the masses.

I just have to accept that I’m doing everything that I can for my family and for the nation and for the world and that the rest is just going to work out. I think that it’s very serious what’s happening. I want to sincerely thank everyone that shares this information and gets it out and just yells it to the I’ll tell you something, we did this once and it worked really awesome.

Most people don’t know this. When you look at your YouTube app, you have a channel and there’s a share button right there. You could hit share on this video and it asks, it says, create a post. And that’s you creating a post on your app and you’re just sharing it for the world to see, even if you don’t have any subscribers. If you wouldn’t mind doing that or possibly pasting this into a Facebook group or a Twitter, because this is a serious plan.

They’re using your pension money to buy up the nations and it’s part of the World Economic Forum’s plan to make all of us renters. I refuse to go down like that. Type three if you agree. Do you refuse to go down? Are you refusing to be a renter? We’re commanded, we’re told in the Bible to occupy the land. That means own it, take it. This is very serious.

I hope people wake up to the sheer amount of money that’s being printed right now. The government’s printing a trillion dollars every 100 days. I believe, honestly, in the next year you’re going to probably see a trillion dollars a month being printed. And I know that it doesn’t come out in hyperinflation right now. It’s because they’re buying all your crap. They’re buying all of our assets and storing them.

The only reason we haven’t seen hyperinflation is because the velocity of money hasn’t started moving. You’re going to start to see the velocity of real estate start moving this spring when a lot of paper millionaires go, crap, I better sell and lock in these rates because this money, because I’m about to get screwed because rates are staying higher for longer. I hope you understand that. And I want you also understand something else, too.

The elites know, too. Everyone’s all excited about bitcoin. Just know that just like XRP, they could just one day go, you know what? We’ve controlled enough money now. We’re just not going to let you take it out of your account. And you’ve seen that with XRP. There’s a reason for that, because that’s a banker’s coin. I want people to get ready for what’s coming. Thank you to everybody that shares this video.

The economic ninjas out. .

See more of The Economic Ninja on their Public Channel and the MPN The Economic Ninja channel.

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