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Forum Post: U.S. Govenment to Pay Mortgages For Those Who Can't as Apology for OUT-OF-CONTROL Federal Reserve Bank and Wall Street Schemers

Posted 12 years ago on Oct. 16, 2011, 5:37 p.m. EST by FedWallFedWellFedUP (183)
This content is user submitted and not an official statement

Whereas the Government Failed to Recognize That Wall Street Schemers and The Federal Reserve Banks Unwittingly or By Design Failed to Promote the General Welfare of the People by stopping OUT OF CONTROL interest rate increases that pushed millions of home owners into mortgage default and Whereas we are a Nation of the PEOPLE for the PEOPLE and by the PEOPLE we NOW demand that the Government right this wrong and make the PEOPLE whole by paying mortgages for those who can not and deducting from their specific future tax return or social security payment or any other possible government refund or payment.

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10 Comments


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[-] 1 points by FedWallFedWellFedUP (183) 12 years ago

very interesting...thank you for sharing. Under our plan people would pay back and we would be reducing our governments social security obligations to those who partake.

[-] 1 points by agkaiser (2516) from Fredericksburg, TX 12 years ago

3500 years ago commerce and trade in Mesopotamia were carried out with a credit system, monitored by kings or priests in the temples who kept the books. Every few years too few people ended up with too much money and the economic system faltered. The king or head priest would declare a forgiveness of all debt. The economy would resume operation and soon the same fat cat would have the money back again.

Moses, attributed with the Torah, declared in Leviticus that debt be forgiven every seven years. Every 49 years was to reset all in a Jubilee. All property was returned to God, all debts forgiven and all [labor] contracts declared void. The workers were returned to their families and started over again. Everything had a clean slate. We seem to have devolved economically since such common sense measures could be employed to keep the economy going.  

http://www.agkaiser.org/posts-2011/Where-Is-the-Money.pdf
http://www.agkaiser.org/endgame/HowDoesThatWork.pdf

[-] 1 points by convertiblecaddy (89) 12 years ago

Should be done on all single family residential mortgages...regardless of what bank attempts to assert a fraudulent interest with the assistance of the judicial system and politrickans

[-] 1 points by FedWallFedWellFedUP (183) 12 years ago

Yes, agree...it has the potential to become an easy streamlined program...if you are a taxpayer...if you have paid into social security you qualify.

[-] 1 points by convertiblecaddy (89) 12 years ago

Im on board

[-] 1 points by FedWallFedWellFedUP (183) 12 years ago

Great, let's get this started!

[-] 1 points by convertiblecaddy (89) 12 years ago

I agree..they did it without any problem...for the bank bailout..citizens have already been billed on their future refunds/payments...lets try it out...for the american homeowners.

[-] 1 points by FedWallFedWellFedUP (183) 12 years ago

Yes, glad who agree and have been thinking about this solution for awhile and have run it by some financial attorneys....Here's the rationale...we reduce future social security payments, tax refunds, any government salary, stipend or payment by paying mortgages now for those in need thereby reducing our future payment liability...so I'm calling it level the playing field spending...intention is to heal the rel estate market and get money market and banks lending...it should cost the country zero in the long run, shore up the real estate market and invigorate the economy. Meanwhile we work fast and furiously to seal up problems in our monetary system.

[-] 1 points by convertiblecaddy (89) 12 years ago

Im on board

[-] 1 points by FedWallFedWellFedUP (183) 12 years ago

Great...let's get this started!