Mortgages Are Instruments Of Fraud

The word mortgage comes from the old French and quite literally means you have made a pledge that lasts until you are dead. Too bad for us that mortgages are fraudulent.

I do not think our governments will be here in their present form much longer. Things could get worse. The Bankers are trying to turn student loans into pledges unto death. But it is also possible for us to construct a better world after the Dollar Dies. In that case, one of the things we will have to do is to drastically change the way mortgages are created.

The mortgage is the last step in the process of buying a home. Imagine yourself going to work each day and noticing a sign announcing that new homes will be under construction.

In the first stage the plumbers have to connect the future homes to the existing county water and sewer mains. Ditto for the electricians and the electrical grid. Then you might see men pouring concrete for the foundations. Then come the carpenters and the main frame of the house. And the roofers. And then the men adding shingles on the roof. And as the carpenters finish the walls, you might catch sight of the glaziers installing windows. The plumbers and the electricians come back to do the interior wiring and plumbing. Then you have the landscapers doing the outside and painters and interior decorators making the inside presentable to the prospective owners.

Of all the people involved in the process of home building who makes the most money and who has the easiest job?

You might guess that the plumbers and the electricians make the most money. You would be wrong.

You might think the architects has the easiest job. But you’d be wrong. He has to deal with the contractor.

The easiest job is the Banker who writes the loan. OK. But surely he can’t make the most money? Wrong again.

The Banker works inside an air conditioned office. And he makes more than the contractor and all the workers combined.

What is it that he does that rewards him well above all others?

He expands the money supply or inflates the currency.

Suppose you want a $200,000 loan. He increases the checking account supply of money by entering your mortgage on his ledgers as an asset to be balanced by the credit he entered for $100,000 for the home developer. You have made a pledge unto death to pay him the principal plus interest. A 30 year $200,000 loan at 3.92% obligates you to pay him $340, 416. The Banker did not loan you Mrs Jones’ life savings. He increased the money supply which decreases the value of our wages and pensions so we bore the sacrifice. He gave nothing of value. And yet he makes $140, 416.

Mortgages can be more expensive than $200,000 where you live so just multiply the numbers above by 2, 3 or even 4.

As William Paterson told the English parliament in 1694, “The Bank of England hath the benefit of interest on money it creates out of nothing.”

If we do get control of the government after the Dollar, the Pound, the Yen and the Euro die, then we will have to do away with the fiction of government debt.

Arrest the Bankers and seize their assets to pay for Debt Cancellation. Issue a non-interest bearing currency like Lincoln’s Greenbacks. Repeal fractional reserve banking. And make government debt illegal.

Under the present system, when the Treasury wants to borrow $100 billion including $5 billion in cash, they call up the FED and ask for $95 billion in checking account money. The FED creates a bookkeeping entry at its NY branch in the Treasury”s account and we owe the Federal Reserve $95 billion plus interest. For the FED to deliver $5 billion in cash, they call the Treasury’s Bureau of Engraving ordering $5 billion in Federal Reserve Notes. When the Treasury’s Engraving Bureau delivers the cash, the FED pays them an average of 3 1/2 cents on the dollar which is $175 million in this case. But you are obligated as a taxpayer to pay the whole 100% of the face value of $5 billion plus interest.

And as for mortgages, if we seized the government and the Federal Reserve, we could create enough checking account money to rewrite all existing home mortgages for those who own one home. For example, Bank XYZ has $100 billion in home loans to rewrite. We create that money and give the bank thr needed amount at 1/4 of 1% interest. They then charge everyone $100 to rewrite their outstanding balances due at 1.25% interest. The hme owners payments drops dramatically enabling them to boost the economy and to save for their retirement.

The goal of the new government should be to allow the working and middle classes to own homes and to fund their retirement as opposed to the present system which prefers Debt Slavery to freedom and self-determination.

Related Articles:

I Stole 3.5 Trillion Dollars From You. I Dare You To Do Something.

https://vidrebel.wordpress.com/2011/07/31/lol-i-stole-3-5-trillion-dollars-from-you-i-dare-you-to-do-something/
Debt Cancellation Is The Best Way To Take Down Bilderberg

https://vidrebel.wordpress.com/2015/04/07/debt-cancellation-is-the-best-way-to-take-down-bilderberg/
IMF Economists: ‘We Were Wrong.’ Will Someone Please Tell The Press And The Politicians.

https://vidrebel.wordpress.com/2012/08/19/imf-economists-we-were-wrong-will-someone-please-tell-the-press-and-the-politicians/

Eddie Reborn Into A World With Debt Cancellation.

https://vidrebel.wordpress.com/2012/07/10/eddie-reborn-into-a-world-with-debt-cancellation/

 

About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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12 Responses to Mortgages Are Instruments Of Fraud

  1. Pingback: Mortgages Are Instruments Of Fraud | From the Trenches World Report

  2. There was a lawsuit, never reported on corporate media, called the Credit River case. A man fighting foreclosure on his home pointed out that the bank had not actually given him anything of tangible value with the mortgage. The bank had simply typed a bunch of numbers into a computer. The lawyer for the man even got the bank President to admit that was all the bank had done, type numbers into a computer, literally creating the money out of thin air. The judge and jury found for the defendant and the man got to keep his home. Although never overturned, the Credit River case was declared ‘bad law” and judges refuse to allow it to be cited in other foreclosure cases. Following the case, the man’s lawyer was disbarred and the judge died under questionable circumstances.

  3. Joe Bloggs says:

    The real kicker is that it will never belong to you anyway !
    The property will be registered with the government legal name. Just legal fiction scam merchants.

    • horse237 says:

      We can do away with MERS and other frauds as soon as the government collapses. George Soros doubled down on his bet for the economy to crash. Not much longer to wait.

  4. Fleekman says:

    Intelligent White men must be in control for things to get better. Intelligent White men are relatively scarce and aren’t organized, which makes the probability of them wresting control away from the jews very low. If such a miracle happened, I don’t see any reason for there to be mortgages at any interest rate, no matter how low. All interest is usury, which is satanic. The current system of debt slavery and tax slavery is jewish. If the jews go, all of their satanic system needs to go, too. Simply repudiate all debts, declare them all null and void. A free man doesn’t owe anyone anything. Imagine the prosperity if that can become reality.

    • horse237 says:

      Not as simple as you think. The debts you are cancelling are someone else’s pension or savings. You need to seize assets so you can fund Debt Cancellation.

      • Fleekman says:

        I don’t know the figures involved and doubt that anyone does, but given how much the bankers have stolen over the centuries, I would expect their assets to be sufficient to fund total cancellation of all debts. That would cover all of the debt investments such as pensions and savings. A lot of pensions are in trouble as things stand now.

    • horse237 says:

      I have written elsewhere of the sources to fund Debt Cancellation and pension restoration. We would need to send the military into the Cayman Islands, Liechtenstein and other bank havens and to seize all the papers from the law firms that do phony incorporations as mentioned in the Panama Papers. That way we could seize a lot of property, bonds and stock shares all over the world. I also have mentioned CAFR assets in the past.

  5. jintampa says:

    How do I get out of mine with no repurcussions?

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