By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Real estate expert Fabian Calvo thinks the recent standoff between the Bureau of Land Management (BLM) and Nevada cattle rancher Cliven Bundy is about much more than grazing rights. Even though this standoff is over, we find out It’s really about sweetheart deals for federal land. Calvo says, “The hair on the back of my neck stood up when I was doing research for this and speaking to some of my contacts on Wall Street. The BLM is part of the Department of the Interior, and look at what they have been doing? Through the BLM, the Department of the Interior has been confiscating land and going after land, for example, in the high desert in California and all over the place. What I am hearing is they are categorizing this land for future collateralization or to sell off. In the Weimar (Germany) hyperinflation, after the hyperinflation, what did they back their currency with? They backed it with mortgages and they backed it with land. This is a total possibility here in America, but here’s the part that is more sinister and crazy. The Department of the Interior and BLM have been providing sweetheart deals for Chinese investors. I have a laundry list of deals that have been approved just in the last year. Whether it’s Smithfield, a giant hog producer in America, and all of the farm land, overnight, the Chinese became the number one employer in a ton of cities across the U.S., but it doesn’t stop there. Chinese investors are getting approval for solar fields. There are battery companies they have taken over, and the list goes on and on. The USDA gave the Chinese approval to import their chickens. Why is this happening? It is an end of the road situation. It is just like where America was with England when we were exercising leverage over them around WWII because we were the largest creditor nation. Now, we are the largest debtor nation, and we owe all this money to the Chinese. In order to not have them dump our debt, we’re basically allowing them, through the Department of the Interior who is stealing rancher land and killing their cattle, they are selling out America.”
As far as the crisis between the federal government and the Bundy ranch in Nevada that is now over, Calvo says, “I think this Bundy ranch situation could be the Lexington and Concord of the Second American Revolution. I know that sounds like hyperbole, but look, people are waking up to this insanity. When this information comes out . . . we need a peaceful show of we are not going to take it. We really need a Rambo in the financial sector to take these people on to expose their crimes and what’s going on.” Calvo goes on to say, “People need to understand this is not some sort of theory about what is happening–it’s a fact. All you need to do is Google ‘U.S. Department of Interior and China approved,’ or something like that, and you will see all these stories come up and the deals that have been approved. . . . In order to keep the world reserve currency and keep that Ponzi scheme up, the U.S. basically has, as long as possible, they need to be able to collateralize stuff and do all these sweetheart deals so that the country that has us over a barrel, namely China, doesn’t dump our debt. Just last month, we had this BBC documentary where Treasury Secretary Hank Paulson says, in the 2008 crash, he was pleading with China, those are his words not mine, pleading with them to not dump U.S. mortgage-backed securities. In all of this QE, make no mistake, a lot of those mortgage-backed securities that the Fed was buying were a lot of the garbage they sold to China. They are now buying it back, and they are literally worthless garbage pieces of paper.”
As far as the continuing $55 billion a month the Fed is spending buying bonds, Calvo says, “Bottom line is I don’t believe anything they say. It’s much more than that because the economy is not getting any better.”
On the rash of banker deaths in the last few months, Calvo reports, “The people on Wall Street that I speak with think it is totally plausible that these people are being murdered to prevent an economic Edward Snowden from exposing the economic crime and fraud that is taking place. The system is scared to death. That’s why I am saying we need a financial Rambo to come out and expose what they are doing. . . . Hey look, if you have an economic Edward Snowden come out and expose the fraud of the derivatives, credit default swaps, manipulation of interest rates, it’s game over. You need trust in the financial market for it to operate, and when the trust blows up, it is game over. . . . You can see the cracks already taking place with the market plunge . . . . In my opinion, people are really getting shaky as far as trust in this financial market.”
As far as the big players in the real estate market, Calvo, whose company buys and sells $100 million in real estate annually, says, “They are not going to buy; they are going to start selling off. This is what I have been talking about since we have been doing interviews. It’s the pump and dump of the U.S. housing market. All the lenders are saying we want to start doing subprime loans. After 2014, you are going to see subprime loans roar back with style. . . . You are going to see real estate go absolutely buck wild, unless there is some sort of black swan event. Real investors are scared to death of the imploding U.S. dollar. . . . Not everybody is a gold investor, and real estate is a tangible hard asset that can be rented out. I think home prices could go up until we have another full blown collapse. I think the collapse of the housing market will be coupled with the stock market collapse, the bond market collapse and the dollar collapse. Everything will blow at once.”
Join Greg Hunter as he goes One-on-One with Fabian Calvo from TheNoteHouse.us.
After the interview:
Calvo told me he’s working on a new book about the coming global economic reset. He says it will be out at the end of April. You can keep track of Fabian Calvo on his personal website called Fabian4Liberty.com.