“I will admit, though, that Zap’s regime has not been dreadful; he hasn’t tried to nationalize the banks or anything.”
“…you get kicked out of the EU if you do something like pull a military coup or nationalize the banks.”
“One man’s speculation is another man’s investment. What do they want, the government to nationalize all real estate?”
US housing crisis: Freddie and Fannie are nationalised
Those of you struggling to meet your mortgage payments, terrified of what might happen if food and fuel get even more expensive, calm down! There’s a man here who’d like to show you that it’s not all doom and gloom.
Donald Trump, a well known and very rich man, has just sold his 5km sq. beach-front property to another very rich man for a record breaking $95 million. Trump said of the sale:
In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate. I think it’s a great sign for the area, a great sign for Palm Beach and all that Palm Beach represents.
So next time you start to moan about your rent and food bills going up, or the fact that you can’t take a holiday this year, just remember: maybe if you worked a little harder, you’d be in possession of a $95 million mansion in Palm Beach. Think on.
(Coming next week: I will explain why banks deserve billions of dollars of government handouts but the working poor don’t. And I’m reliably informed that Iberian Notes isn’t frothing at the mouth about ‘nationalising the banks’ which always used to be his yardstick for the end of the world and the rise of the Bolshevik terror. I guess it’s OK when it’s done by people with whom you share what amounts to being a kind of a political philosophy).