Humberto Boellert
๐ค SpeakerAppearances Over Time
Podcast Appearances
Pat, this is what happens.
Now the low-income trust and the city, you're the VP of commercial real estate in New York, Pat.
You are now.
And I'm Mandami and I walk in and I'm like, you know those loans you got?
Ten of those loans are now under the stewardship of the state of New York, city of New York.
Pat, you need to reduce these payments or reduce the interest rates.
What do you mean?
It says, or we're just going to write this down by force because the loan is still intact.
The loan is the last survivor.
And you'll have Mondami and the Islamist attempting to use you know what law to say that interest charging interest, which is anti theoretical to Islamist.
They're going to put the pressure on the banks.
And Mondami made comments about the banks and the Jews that run them, or mostly Jews that run them.
So you are now going to have the loans cratered.
Now then, the stewards own the property and are collecting the rent.
They lower the rent for people, but they no longer have the large payments, Pat.
Now they've got tens of millions and billions of dollars because the city has now seized it.
They suspend the taxes on it.
They collect the rent on it.
And then all that money gets filtered out to DSA, and they do it at Philadelphia.
They do it at the next city.