Are Most Bank Foreclosures Illegal and Without Merit?
The “Credit River Decision” of 1968 (I’ve blogged about it here) raises an important question today about bank loans and foreclosures: Are they illegal and without merit?
The Federal Reserve Act of 1918 hasn’t changed much since its inception. Banks are still creating money from nothing. That’s right. Nothing. New money and credit is created by simply adding it to their books. Sounds too good to be true, right? It’s not.
Like all things in modern day life, when you dissect the meaning and fine print, you soon discover that many things are just a Monopoly game. They’re made up. Realistically, you don’t even need to research this stuff. If you think hard enough, you’ll see it all for yourself. For those who say otherwise about these things, they are either uninformed or are protecting the interests of those they serve.
The banking cartel are not in the business of being your friend. They are in the business of maintaining their monopoly over the people and society. It’s time to ask questions, America. Do you want freedom or slavery? It’s your choice.
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[…] would suggest they also read these other recent posts about their fraudulent industry: Are Most Bank Foreclosures Illegal? and Without Merit and Money: Made from “Thin Air” (The Credit River […]
Bank Foreclosures Are Illegal.
Banks cannot produce an “ORIGINAL” note of the home being foreclosed that proves they are the real owners. It should be similar to the “PINK” slip that proves you are the owner of a car free and clear.
A copy of the note or an “affidavit” that the note was lost is not acceptable by a judge.
If an “ORIGINAL” note cannot be provided the bank has no recourse and the home owner gets the home free and clear since the loan was based on fraud.
The loan money, “as credit”, is originated once the credit application of the borrower is approved. This credit application becomes a “NOTE” once it is approved.
“NOTES” are commercial instruments that can be sold or bought. Federal Reserve bank buys this “NOTES” for ten(10) times, “line of credit”, of its original value.
The home buyer is never made aware that it was him/her that originated the “NOTE” money with his/her signature.
The money never came from the bank’s own money or the money they had on their deposit accounts.
Non Disclosure of this “MATERIAL” fact is a “FRAUD”
Ignorance of your rights is expensive and you have “NO RIGHTS” if you don’t know your rights.
Thanks - Will I am