A lot of people come to Foreclosurepedia for more than just the Kick Eric Miller In The Balls show. Granted, we have the stories running amok like some kind of South Park on Acid format, the reality is that other than our April Fool’s day spread — and no it is not April 1st — if you click the hyperlinks in any of my article’s you will find that everything I write is based upon sourcing. With that said, I want to talk with you today about the Business Cycle Dating Agency (BCDA). No, it is not some kind of exclusive executive’s dating website. The National Bureau of Economic Research (NBER) runs the BCDA. Here is what they have to say about it,
The NBER’s Business Cycle Dating Committee maintains a chronology of the U.S. business cycle. The chronology comprises alternating dates of peaks and troughs in economic activity. A recession is a period between a peak and a trough, and an expansion is a period between a trough and a peak. During a recession, a significant decline in economic activity spreads across the economy and can last from a few months to more than a year. Similarly, during an expansion, economic activity rises substantially, spreads across the economy, and usually lasts for several years.
To understand the economy, we first need to understand how we measure it and the business cycle. Each business cycle has four phases: Expansion, Peak, Contraction and Trough. While none of these occur at regular intervals, they do have recognizable indicators. And while the Federal Reserve Board relies upon a plethora of information and conjecture to make their statements about the economy, as Foreclosurepedia wrote upon last week, by in large they always cite a paper by Marcelle Chauvet and James Hamilton (from Nonlinear Time Series Analysis of Business Cycles, 2006, edited by Costas Milas, Philip Rothman, and Dick van Dijk). [That paper] concluded that the United States could be said to have entered a recession when the index rises above 67 percent. The problem, though, is when the indexes rely upon a belief that human intervention is the author of the rise or fall of any one indice — and we know that this is no longer true — and it is actually algorithmic web robots which scan for the desires of the Fed, then the economy, itself, is artificial in nature.
Look, the lies which Eric Miller, the NAMFS Executive Director, continues to spout about how Minority Females and Labor are paid more than they are worth and the continued pushing down of compliance upon misclassified employees is justified, simply reiterates the salient point that the porkacolypse is soon coming to an end. The days of Miller and the rest of his all white NAMFS Board of Directors feeding at the trough are numbered and they are going to be financially slaughtered like the pigs they are.
Fucktardia, population NAMFS, is in a world of shit. Right now we have Euro Treasuries trading at roughly 2.33% while Euro junk bonds are coming in at 2.77%. Now, the financial institutions have loaded up the pension funds with the junk bonds while they and others have begun to buy up the Treasury notes. The irony is that the pension funds, the very same pension funds which wiped out a generation of retirement funds, are forced to hold the junk bonds to maturity. And if you believe that the housing bubbles which Foreclosurepedia identified as early as Q2 FY2016 are still not here, you deserve to lose your money.
Instead of confronting the fact that volumes are going to dramatically increase over the next several quarters and preparing for such, pro Miller Regime supporters are doubling down on their misclassification of employees as independent contractors, refusing to address problems with antiquated technology like that which exposed nearly THREE BILLION FILES on Safeguard Properties servers, or the simple fact that the structure of the work order itself is that which is forcing Mortgage Contracting Services (MCS) and Assurant Field Asset Services (AFAS) to pay tens of millions of dollars for their misclassification of workers.
Here is why Miller and his all white NAMFS Board of Directors are terrified. First, Miller now knows that his picture may begin to show up on door knobs all over Stow, OH. We wrote an article on the legality of this, last week. We know that pictures of key NAMFS financial terrorists may greet those attending the NAMFS #FraudFest in Orlando, FL, later this year. We know that the giant misdirection, which Miller and his all white NAMFS Board of Directors have been involved in, may begin to be picked up by major news wires, when it comes to NAMFS teetering upon financial insolvency. A simple Google Search of NAMFS 990 will reveal that Foreclosurepedia controls the entire Page One of Google searches. The NAMFS 990 is the NAMFS Income Tax Form they must file each year. Until Foreclosurepedia came along, no one knew the true NAMFS financials.
The time has come for Management, Minority Females, and Labor to realize that NAMFS has never done anything for them. And the backdrop for all of this is the fact that the International Association of Field Service Technicians (IAFST) has been moving forward on discussions with HUD on problems with the HUD Pricing Matrix and that which National Order Mills are willing to actually pass through.
Based on my read of ML 2016-02, https://portal.hud.gov/
hudportal/documents/huddoc?id= 16-02ml.pdf, I would also interpret the $20 per lockset to mean that a secondary door with both a knoblock and deadbolt would pay out at $40 ($20 x 2 locksets). However, I’m not the expert in regards to the MLs, as they do not apply to post-conveyance contract pricing. I am copying [Redacted], the COR for the MCM contract, in hopes he can shed some light relative to the NSC’s enforcement as it regards to the MCM. — HUD to the IAFST last week.
Business as usual. Take Market Ready and their recent refusal to prove that they were legitimate small business. In fact, Market Ready had no problem holding themselves out as such upon the US Department of Housing and Urban Development (HUD) Management and Marketing (M&M) Field Service Manager (FSM) 3.10 bids, of which they were the presumptive awardee. And that should stick out to anyone trying to conduct business with they. Additionally, we are seeing former A2Z Field Services personnel, whom Market Ready raided, now jumping ship. One would think that this should display the confidence that those people actually have in Market Ready.
Optics are everything when it comes to people attempting to push narratives. You cannot simply say that Market Ready is a healthy firm, good for business, when Market Ready refuses to bring forward documentation proving that they did not lie in their federal contracting offerings. And why are all the people whom have been around for years jumping ship after Market Ready refused to publicly address the Size Protest filed against them?
And that is the way that it always is. There is never public accountability when it comes to any of these firms whom feed at the trough of federal contracting. In the case of Market Ready, we were talking about One Hundred Forty Five Million Nine Hundred Thousand Two Hundred and Forty Eight Dollars and Sixty Eight Cents! And as Foreclosurepedia has shown, Market Ready is hurting for capital; Market Ready’s refusal to pursue the $145 Million HUD Award is questionable, at best! A simple search of the debt owed by Market Ready and MRAP LLC to S&T Bank and Advantage Bank will open many eyes!
Not a single HUD M&M FSM 3.10 Awardee has committed to working direct with Minority Females and Labor, publicly. In fact, the more that Foreclosurepedia digs, the more concerned we are becoming. Each and every Awardee has reached out to administrative personnel offering combined totals of millions of dollars while, at the same time, absolutely stonewalling any discussion about what Minority Females and Labor are to be paid. Moreover, though, not a single Awardee has begun to publicly reach out to Minority Females and Labor in the field. And what does that mean? Well, it depends upon which side of the financial trough you actually are.
If you have to do the work upon HUD Contracts, chances are that you are going to regret it. And what may actually happen is that firms like Purdy Enterprise and the Nigerian born owner and controller of SAMJV LLC may find themselves without a workforce. And make no mistake whatsoever, if the pricing is lower than it was under the lowest in history which was the HUD M&M FSM 3.8, Foreclosurepedia will pull the proverbial trigger.
None of these people care about you. If they did, they would have already had a discussion about the importance of Minority Females and Labor. Today, as those of you whom are smart take the day off, I encourage you to go over to the International Association of Field Service Technicians (IAFST) and take a look around. Look at where you are today, unrepresented and without a voice, and consider signing up with the IAFST today. While Foreclosurepedia is not a Member of the IAFST, Foreclosurepedia supports their Mission.
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