Yahoo censors their message board, letting mindless comments through and stopping comments that expose the banksters. I had a hard time getting through stating that the Tea Party should now realize that the banksters are extorting the politicians with threats about the demise of the 30 year mortgage. I wrote a hub on it in fact.
Here is the deal, the banksters want all mortgages guaranteed and they are threatening to do away with them if the mortgages are to all guaranteed, whether fannie or freddie exist or not!
If they want to threaten people, just don't buy their products. Boycott their stocks, mortgages, bonds and everything. All the markets are manipulated. The banksters don't want you bailed out because YOUR DEBT IS THEir PROFIT.
Here is the article: http://finance.yahoo.com/loans/article/ … loans-home
bgamall, What i find ironic, is the people believing that the banks actually have money to loan to you, when in reality, they create it on your promise to pay it back to them! Doesn't that mean that the borrower is creating the money for his own loan? His word is what is promised, along with mortgaging part of his/her future productivity. The bankster has to only keep 10% in reserve for that loan, and I sometimes wonder about that figure.
The bankers, for being a kind of middle man between the buyer and seller, on a 30 year mortgage, will collect between 150% and 200% in interest, on money they created on your promise to pay. The bankster will collect all of that interest, for doing approximately 2 weeks of premortgage paper work, and mailing out monthly mortgage statements for the life of the mortgage.
Remember, there is no money created to pay the interest on any loan. It has to come from money captured through commerce, from the debt principle of someone elses loan that has been spent into circulation.
Under this monetary system, if there is no debt, there can be no dollars.
Isn't fractional banking wonderful?
Stop making sense!
Too many of us want to bend over and pull our pants down to make it easier to get forked in the rear!
You're dead on with the post!
We have to keep in mind that "debt" IS control... and that is exactly what these Banks and Lenders want to do - CONTROL US (and our money). I believe the theory you are referring to above about the creation of money is called "Fractional Reserve Banking," I've done some quite extensive research and reporting on it... it's pretty in depth and the concept is mind boggling... that a lender can take someone's money and lend up to 10xs that amount to someone else... everything is build on a bubble of phantom money... 90% of it not existing but someone registering in their systems. Hmmm.
Great post... thanks!
by rhamson 12 years ago
With the recent collapse of the insurance companies sub prime rates and government bail outs, can our capitalist based market system be trusted to right itself?
by Gary Anderson 11 years ago
Hi Marissa, a warning to Aussies: the housing bubble party is coming to an end: http://globaleconomicanalysis.blogspot. … s-now.htmlMish is usually pretty accurate about banker abuse and economic realities. I don't agree with him about some things, but much of what he says is true.
by Gary Anderson 12 years ago
I must warn people from Australia with one Seeking Alpha article I just put out. Hope this will stand for your benefits, since I don't make any money on Seeking Alpha articles. I know some of you are from Australia.If you have a house and need the money from it, you should sell and rent now. What...
by PDXBuys 5 years ago
Does anyone have a list of words which are banned in Yahoo comments?I have had comments deleted which were quite innocent. For example, if you type the name of one of our former presidents (Dick Nixon), the comment will be deleted because Yahoo has banned the use of Dick as a first name.
by Frannie Dee 10 years ago
Is their a simple solution that would resolve the United States Real Estate Crisis?Often the most complex problems have simple solutions. How would you stop foreclosures? What would you do to save home values. Many Senior Americans who have struggled to pay off their homes...
by ViralWhisper 11 years ago
Many people are literally abandoning their house to get rid of their slavery to their mortgage payments. Some people did it after losing their jobs and others did it after losing their retirement money and losing their faith in the current system. Will you do the same thing if it means freedom from...
Copyright © 2022 Maven Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of Maven Coalition, Inc. Other product and company names shown may be trademarks of their respective owners. Maven Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|