October 15, 2018
Kowabunga, Sen. Elizabeth Warren now only talks with forked tongue about where the money will come for all her giveaway programs. She really is a small part Indian.\
But this "champion of the people" benefited greatly at the expensive of the poor when she exploited their situation, using forced into bankruptcy situations to flip their homes for a quick markup profit of up to seventy percent. This was reported in 2012 at the UK Daily Mail website
To quote the Daily Mail, But the college professor was herself an active player in the real estate market in the 19990s, buying and selling properties at steep mark-ups across her home city of Oklahoma, land records show.
She loaned money to relatives at high interest rates and paid bargain prices for foreclosed properties.
One such property she bought for $30,000, then sold for $145,000 five months later, a 383 per cent mark-up.
Warren typically gained between 10 and 73 per cent on her sales, netting hefty profits.
In a statement issued on Saturday her campaign wrote: "Elizabeth and (her husband) Bruce are fortunate to be in a position where they can help their family.
'They have been able to help relatives buy their homes and her nephew â€â€ a contractor â€â€ fix up houses.â„¢
The revelations, brought about by a Boston Herald review, come days after the professor finally admitted that she told officials at Harvard University and other colleges that she was a Native American.
FLIPPED PROPERTIES
Elizabeth Warren bought a foreclosed house for $61,000 in June 1993 and sold it in December 1994 for $95,000, a 56 per cent mark-up.
She paid $30,000 for a property in August 1993 and sold five months later for £145,000, a 383 per cent gain.
Warren lent her brother $25,000 for a property in 1994 that was sold at a mark-up of 68 per cent for $42,000 in 1998.
She gave her sister-in-law a mortgage for a $31,000 home in 1996 which she made 45 per cent on, selling it three years later for $45,000.
In 1997 she provided him with the funding to buy a $90,000 house which sold for $106,000 two years later and another costing $26,000 which he sold after nine years for $45,000.
She gave him money to buy a $35,000 home in August 2000. He sold it after 75 days for $35,000, a 10 per cent gain.
END QUOTE
Or Warren's phony slanted study of bankruptcies, reported by Powerline this 2018.
Now maybe she can take a lie detector test. But without professional coaching from Christine Blasey Ford.
David Dickinson adds:
Jack replies:
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