Forum Post: The Fed’s US Land-Grab Hidden Within Purchase of Mortgage-Backed Securities
Posted 12 years ago on Sept. 24, 2012, 5:51 p.m. EST by Renneye
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[Hmmmm....why are the globalist ruling elite perpetrating this massive illegal land grab?]
The Fed’s US Land-Grab Hidden Within Purchase of Mortgage-Backed Securities
Susanne Posel, Sep 24th, 2012
Occupy Corporatism
September 24, 2012
As of August 9th of this year, the banks are legally allowed to co-mingle customer segregated funds with their own if the financial institution is insolvent, under duress or in bankruptcy. In other words, the technocrats have made the theft that Jon Corzine committed a non-criminal offense.
The latest scheme of the banking cartels has been introduced as QE3, which is nothing more than a massive land-grab in the domestic US by the technocrats under the guise of purchasing the mortgage-backed securities through the Federal Reserve to alleviate the pressure the banks are feeling from the bait-and-switch they caused.
Essentially, as the Fed buys the mortgage-backed securities, the central bankers now own all those properties which were bundled and securitized. The experts are still coming to terms with how many homes, small business, small farms and other lands were mixed-up into this Ponzi scheme. The actual total numbers of victimized Americans are continuing to rise and are currently unknown. However, it is clear that as this monster grows, it will be the Federal Reserve at the helm, making sure that more Americans are displaced and foreclosed on.
It is not the value they are after. Bernanke sets the tone for that with interest rates. It is the physical property that interests the central bankers. And this is a massive land-grab – the likes of which has never been attempted in the US and are likely to be a major contributor to our downfall as a sovereign nation. Through the mortgage-backed securities, the central bankers will literally own most of the domestic US.
Full Article....
Very Medieval, as the people will be serfs.
That is an interesting piece, I hadnt thought about that angle before. Thank you for upping the level of intelligence here.
I'm still not understanding
who feels wealthy borrowing money... the FED said they were gonna make loaning cheaper ... but I don't want a loan
"downfall as a sovereign nation"? Wow. That is deep. How exactly will the US by destroyed by this purchase of bad mtgs?