Thursday, October 2, 2008

Filene's Flowing Credit Stream

What CREDIT CRUNCH, huh?

"Filene's plan back on track; Despite the credit crunch, developer secures money for $650m Boston project"

U.S. Banks Driving Credit Crunch ON PURPOSE!!

Please, please, WAKE UP, America!!!!!!!

You are BEING BLACKMAILED by BANKS and WALL STREET!!!!!!!!!


"Filene's plan back on track; Despite the credit crunch, developer secures money for $650m Boston project" by Casey Ross, Globe Staff | October 2, 2008

The developer of the $650 million Filene's project in Boston has done the unthinkable in this global credit crisis: borrow money.

The Filene's funding is a rare bit of positive news amid a national credit freeze that is stalling major development projects across the city. It's also a significant boost to Mayor Thomas M. Menino's effort to remake the gritty shopping district into the new heart of downtown Boston.

Yeah, remake it in favor of the rich: Boston's New Ivory Tower

Real estate professionals said the commencement of construction is surprising, given the economic tumult that has virtually frozen credit markets in recent weeks.

Thus, they are NOT FROZEN for EVERY ONE -- just for YOU, average Americans!!

Because the ONES HOLDING the $$$ wan the BAILOUT!

It's what would be called EXTORTION if YOU or I did such a thing!

You know, a CRIME!!!!!!!!!

"This is enormously important, because there has been so much negative news about the issues in Washington," said Greg Vasil, chief executive of the Greater Boston Real Estate Board. "There are still some large transactions happening." --more--"

WTF?! You mean WASHINGTON is LYING AGAIN?!!

Another BOOGA-BOOGA BULLSHIT BILL?

Of course LARGE TRANSACTIONS are still happening (See: Mitsubishi Buys Morgan Stanley, Goldman Sachs' Government Loot Grab and Bain Buys Lehman Brothers); the RICH ELITES DRIVING THIS AGENDA can still get $$$$$!