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How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?

 
WTF?
User ID: 348918
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03/06/2009 02:56 PM
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How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
March 6, 2009

Related: The Israeli Jerusalem municipality hands out demolition orders for 36 Palestinian families

As of March 4, 2009, the American taxpayer has bailed out American International Group (AIG) to the tune of $163 billion (assuming that the Federal Reserve and the Federal gubmint are to be believed on anything anymore).

On March 3, 2009, this exchange took place in the august and hallowed halls of what used to be known as the Congress of a Constitutional Republic:

With One Word, Bernanke Reveals Who Actually Runs the Country:

Senator Sanders: “Will you tell the American people to whom you lent $2.2 trillion of their dollars?”

Ben Bernanke: “No.”

One can only surmise Bernanke’s reasoning. He claims he doesn’t want to spook the banks and the markets or some such claptrap. I have another possible reason: Bernanke, being an Orthodox Jew, doesn’t want the American public to get any inkling of Israel’s share of the various bailouts.

AIG owns a company in Israel called Ezer Mortgage Insurance (EMI). EMI will insure/finance up to 95% of a private Israeli mortgage. Below is EMI’s nifty ad gizmo with some of the relevant text copy underneath the link. I’ve adjusted the figures to reflect current money values. Please alert me if you spot any problems with the math. (Warning - very annoying music):

It’s so simple to purchase a house in Israel when EMI (a member of AIG, American International Group) makes up to 95% financing possible!

EMI sets the premium as a function of the LTV (Loan To Value ratio) and the term of the loan. As a rule of thumb - for every $100,000 of a loan taken by a borrower, the borrower pays an additional $25 a month.

For example:

David Silberstein is an affluent Jew living in Florida, with a strong affiliation to the Jewish state; his children are even considering immigrating to Israel and serving in the Israel Defense Force when they tun 18. Consequently, David is keen on buying an apartment in Israel to strengthen his ties with the Land and to enable his children to live comfortably while in Israel. David has found a property that he likes carrying a price tag of $176,000. While David has sufficient equity to buy the apartment, he has chosen to use EMI’s financial instrument (credit insurance)!

Why?

Because it’s a smart choice: this way, he has money left over for additional investments and for spreading the risk! David knows that with EMI’s solution, he can buy an apartment without using up all his equity and continue to enjoy the standard of living to which he is accustomed. David and his wife have decided to invest start-up capital in the amount of 10% of the value of the apartment. Accordingly, the terms of the mortgage extended to them by the mortgage bank is as follows:

Property value: NIS 740,640
Property value in $: 176,070
Total loan NIS: 666,576
Total loan in $: 158,463
Total start-up capital NIS: 74,064
Total start-up capital in $: 17,607
LTV (Loan to Value ratio): 90%
Monthly payment including EMI premium: NIS 3,857
Monthly payment including EMI premium in $: 916.92
EMI premium out of total monthly payment: NIS 152
EMI premium out of total monthly payment in $: 36
Loan term of 25 years. 4.5% fixed interest rate

*$1 = NIS 4.21 as of 03/06/09

America, doesn’t it give you the warm fuzzies to know that while our economy is tanking, Israelis and Jews making aliyah to Israel will still be able to “enjoy the standard of living to which they are accustomed”?

For a little more insight into how the Israeli mortgage market works, see these two links:

A Guide to the Perplexed - An Introduction to Israeli Mortgages
[link to blog.israelmortgage.net]

From the first link:

“Graces:

For those who are building a home in Israel while paying a mortgage elsewhere, or alternatively while paying rent, most mortgage banks offer graces on the loans. Two types of graces exist in Israel - partial and full. Under the terms of a partial grace, only interest must be repaid during the grace period. Under the terms of a full grace, no payment is made during the grace period and any interest that should have been paid is added to the loan balance and is paid back as part of the loan once the grace period ends. Graces are not offered on the zakaut loans and some banks do limit graces to certain loan types.”

Question: Gee whiz, why don’t Americans get these ‘grace’ periods on their mortgages?

Answer: Because we need to give our last drop of blood to support and subsidize the holy, sacred Israeli mortgage market.

[link to jezekiah.wordpress.com]
Anonymous Coward
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03/06/2009 02:57 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
oh the horror.

we are helping allies

what will happen next? feeding our children dinner at around 6 pm? lol
Anonymous Coward
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03/06/2009 03:01 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
>>oh the horror.
we are helping allies
---


you meant parasites-right?
Anonymous Coward
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03/06/2009 04:13 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
oh the horror.

we are helping allies
 Quoting: Anonymous Coward 629330


What has Israel ever done for the US?
Anonymous Coward
User ID: 629443
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03/06/2009 04:14 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
oh the horror.

we are helping allies

What has Israel ever done for the US?
 Quoting: Anonymous Coward 629465


Led us around by the nose?
Col.US Marines,retired.
User ID: 348853
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03/06/2009 04:29 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
Freedom of speech on GLP? Not when yet another jew whines anti-semite and posts are deleted! I fought and was wounded for this country. My post was deleted because some whiny assed jew didn't like to see the TRUTH.

Shame on you GLP. This is a sure way to lose viewers.

This thread should be pinned and not deleted as the whiny jew demanded. You motherfuckers can't stand the TRUTH about yourselves. Whine on scumbags it isn't doimg you any good anymore.

You didn't want to hear that you DO NOT own America,the American taxpayer and you certainly didn't want to hear that the US Military is NOT at your disposal.
Anonymous Coward
User ID: 348150
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03/06/2009 04:41 PM
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Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank?
Nice try to subvert this thread,your copy won't serve your purpose. You know who you are and so do I.



You're going to get called a "hater" and "anti-semetic", a really bad misnomer, for the mere audacious offense of quoting facts that are unpopular or merely another, gasp, version of an event. Such nerve.

Imagine if the mortages were for Muslims through Sharia Banking, Kenyan yurt construction, poor and/or rural Americans, black Americans or illegal Mexicans.

Just check the names on the Board of Directors and Division heads.
Quoting: Anonymous Coward 597294



Hell yes! The poor 'beleagered' jews will indeed cry over the TRUTH at every opportunity. They have been EXPOSED as the lying serial mass murderers,crooks,and thugs they are. They can't have THAT now,can they?

For sixty years these genocidal land grabbers have been sucking Americans dry and don't say THAT out loud because the motherfuckers will start crying again how they have been SO mistreated. For the record,the Nazis killed more gypsies than they did jews,but,you'll never hear about that.

They and their pals in the District of Criminals have conspired America right into the shithole we're in today. They want to rule the entire world paid for by anyone but themselves.

There will never be peace in the Middle East unless Israel is DISARMED!


Isreal sees itself as the Middle East Headquarters for the New World Order. They have plans to take over the entire Middle East including Saudi Arabia and most of Africa. They've had a goddamned good start FUNDED BY AMERICAN TAXPAYERS and our sons and daughters BLOOD!

Shitlery Clintoon was tramping all over Asia looking for the next hole for the US to stick it's dick in. No doubt you'll be paying to chase bin-the-dead-guy down in the brothels of Singapore.


Let the goddamned jews cry anti-semitism all they want. That bullshit is falling on deaf ears these days. These motherfuckers will learn that they DO NOT own America and the American taxpayer and these scumbags will also learn that the US Military is NOT at their disposal.
Guns n' God
User ID: 629440
3/6/2009 3:43 PM
Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank? Quote

ANTI-SEMITES!!!

Mods, please delete this thread!
Anonymous Coward
User ID: 136035
3/6/2009 4:11 PM
Re: How much of AIG’s bailout/handout is financing Israeli mortgages in Jerusalem & the West Bank? Quote

quote:

Let the goddamned jews cry anti-semitism all they want. That bullshit is falling on deaf ears these days.





GLP