There is an URGENT, IMMEDIATE, and definite need for a 10-year moratorium to clean up this mess. A Jubilee Act could help do this and create a more prosperous and honest society. Let's go from foreclosing to forgiving!
We also need to educate ourselves by answering the following questions:
1. What is money actually?
2. How is money created?
3. How do banks make money?
4. How do We the People regain control of how money is issued and managed?
I urge the legislation to stand up and protect the people with a 10-year moratorium, to find out what EXACTLY bankers, lawyers, brokers and servicers have been doing, and to reclaim our rights to how money is issued and managed, which should be controlled by We the People and a representative government, not by the bankers and the corporatocracy.
In addition to the 10-year moratorium, I propose assembling a TEAM (i.e. homeowners, visionaries, bankers, economists, lawyers, brokers, financial planners, legislators, appraisers, researchers) for a series of round-table meetings to establish a more honest mind-set and flush out the necessary ACTION steps to ensure an honest, transparent, and sustainable mortgage institution and overall monetary system.
Thanks for hearing me today!
David Snieckus
99 Crescent Street
Newton, MA 02466
617-964-2951
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