- And when you consider the total FAILURE from
"leadership" over the last two years" the result makes
anyone wonder what the hell it would take for Amerrikans to actually dump
this president, the congress, and all his co-conspirators - not "years
from now" - but within days!?
- http://rense.com/general92/ob.htm
-
- -- Jim Kirwan
-
-
- The Bankers Are Bilking Us All
-
- For those who are unfortunate enough to be bound to the
bankers by a mortgage:
-
- "Capital must protect itself in every way, through
combination and through legislation. Debts must be collected and loans
and mortgages foreclosed as soon as possible. When though a process
of LAW, the common people have lost their homes, they will be more
tractable and more easily governed by the strong arm of the law, applied
by the central power of wealth, under control of leading financers. People
without homeswill not quarrl with their leaders" from- Bankers
Manifest - for private circulation among leading bankers taken from Civil
Servants' Year Book ''The Organizer 1934'
-
- Don't believe it? Let's break out the numbers.
-
- Assume you want to buy a home that cost $115,000. And
perhaps you are prepared to put$5000 down, secure a thirty year
mortgage for $110,000 and pay $4000 in closing
costs. After which, let's presume your mortgage payment is $1000 a
month, and examine your real cost after only 3 years.
-
- Your entire mortgage payment for these 3 years ( $36,000)
is mostly interest income for the BANK.
-
- Least you forget,: add in your down payment, closing
costs, maintenance, improvements, and roughly $5000 in property
taxes. All toll, you have spent $52,000 (or more) in only 3 years!
That's nearly HALF of the original loan amount. Yet, you still have
27 years worth of payments left.
-
- Worse still, the only thing you OWN is the
debt on the home, your savings are probably depleted, and, most likely,
you live from paycheck to paycheck.
-
- Moreover, if you remain in your residence, as agreed, you
will pay the bank $270,000 to $305,000. Otherwise, if you sell early,
assuming any appreciation, you must get another home and incarcerate yourself
in debtor's prison or split half of your profits with the IRS.
-
- This is the great American Dream: If perchance
you fall on hard times - and cannot afford your taxes - an added burden
of 12%-18% interest will be added to your unpaid balance (same as a credit
card company or the IRS) or higher, depending on whims of bankers.
-
-
- The only persons to receive special considerations (legislation)
in tax exemptions - tax breaks - un-collateralized loans - grants - lower
assessments etc / are those (wealthy - business interests - corporations)
who shift the burden to unsuspecting taxpayers - made to shoulder not only
their own taxes etc, but those of corporate hucksters - and wheelers and
dealers.
-
- For the most part, banks don't even traffic in paper.
Wealth is simply ones and zeros in the computers of the international
banking system. When we borrow money to buy a house (or whatever) the bank
gives us permission to pretend that they gave us money to give
to the seller. The bank in fact created the money out of nothing, altered
their computer records accordingly, and printed out some hard-copy evidence
to support the notion that real money is now being dealt with.
-
-
- Then there are taxes that go on forever. If perchance
war is draining the national coffers at$200,000 a minute & billions,
trillions need to be coughed up to make good on the high rollers ( banks
- hedge funds - derivatives - rating agencies - AIG insurance) great heist
- - cuts will just have to be made in domestic spending - with programs,
grants, unemployment, food stamps, heating vouchers, medical care, etc,
being cut from the states. Someone's gotta tighten their belts and sacrifice
and it's NOT gonna be the filthy rich.
-
-
- Roads and bridges will not repaired, nor levees - damns
- upgrades on schools, funding for Medicaid, Medicare, organ transplants
costs, all social programs etc. Local/state taxes will be raised higher
and higher to keep up with inflation and to make up for missing local
- state - federal funds. Called robbing Peter to pay Paul - cooking the
books. Then there's the public pension liabilities (trillions) of teachers,
fire, police, state, federal workers and the obscene pensions (yearly cost
of living increases) and life long Mercedes health care for our elected
officials.
-
-
- They've opted out of the Medicaid on steroids, that
they've indentured the multitudes with. Gosh - doctors aren't too thrilled
(years of education) to be paid a pittance, thanks to Washington puppets,
giving over the writing of health reform laws - policies - regulations
- oversight to corporate (insurance - big pharma - medical devices - hospitals
) lobbyists.
-
-
- Citizens who are not engaged in local/state/administrative
jobs, which see yearly raises; medical benefits (paid by taxpayers) -
are hard pressed to pick up the slack - subsidize various corporate interests
- pay rising fuel - home heating - prescriptions - insurance - food - car
maintenance, (insurance - upkeep - inspections - registration) and needed
home repairs on fixed incomes - or incomes that have stagnated over these
past years (no raises - benefits cut etc).
-
-
- In the end, unless you've had the good fortune of being
born into wealth, which spends a great deal of its time protecting it
with off shore accounts, investments, tax write offs, trusts, etc, you
end up owning nothing. So basically, whether you rent or buy
- there's not much difference - your sweat and labor goes to pay bankers
interest.
-
-
- In other words - no matter what happens in the market
(or the economy) you swear to pay the bank - whatever ridiculous price
you agreed to pay for your home when you initially bought it.
-
-
- Million dollar homes in Detroit are being auctioned
off for a pittance ---------If you really want to understand, (since you
deal with it every day) in a simple way, how money really works [ not
taught in schools] you should educate yourself
-
-
- This simplistic tale is great:
- Click to 1st page: Not taught in school
-
- http://www.michaeljournal.org/myth2.htm
-
- Or stay ignorant - the bankers will love you. JM
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