Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 3 (4 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   2 comments

General News

Save The Economy

By (about the author)     Permalink       (Page 1 of 1 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; , Add Tags  (less...) Add to My Group(s)

News 1   Supported 1   Valuable 1  
View Ratings | Rate It

opednews.com

Become a Fan
  (4 fans)

SAVE THE ECONOMY

Save Your Home!

Stop Economic Exploitation!

I see two things happening that contribute to an unsustainable monetary system. One, our federal government, the members of Congress, under the influence of money, have avoided their Constitutional duties by continuing to allow the banking system to issue money as debt rather than to issue money directly as payment for goods and services. The issuance of debt goes like this: when the government needs money, it issues bonds. Then the Private Federal Reserve buys the bonds, but demands an interest payment. For nearly a hundred years, this has resulted in trillions of dollars of debt and billions in interest payments paid for by taxes imposed upon the public. There is a huge problem of compounding interest because in order to have the money to pay the principal and the interest, the government has to borrow more and more money, constantly increasing the debt and the interest owed!

Two, the home owner who borrows from a lender actually creates the "NEW" money into existence. As a result, the homeowner is really the creditor, not the debtor! Lenders offered fraudulent contracts making "borrowers" believe they are debtors! It was not an honest arm's length agreement. An arm's length agreement is one made by two parties freely and independently of each other, without some special relationship, having another deal on the side, or one party having complete control of the other. It becomes important to determine if an agreement was freely entered into and that the price, requirements, and other conditions were fair and real. If the mortgage contract doesn't disclose ALL the facts and is not an honest Arm's length agreement, it is an illegal contract.

The solution to the first and second problem is the creation of money through its issuance for the benefit of the people. The best way to do that is through publically owned banks ( see my Massachusetts House Bill 01192 and credit clearing businesses. A credit clearing business is a new more democratic way to issue money. There is more money for the community, (think"no more austerity measures), there is support for locally owned business and protection form inflation.   There can be publically owned banks and credit clearing businesses set up for educational institutions, municipalities, cities, states, even transportation departments like the MBTA in Massachusetts. An example of an up and coming credit clearing business is at the following link: www.rcredits.org. Maybe, eventually, the federal government would have to come aboard".however, in the meantime, another solution to address the second problem is declare our own sovereign Jubilee Act!

Major institutions, various media-outlets, well-know economists, the IMF and various policy makers are calling for debt forgiveness. Even the ancient laws of world wide religions have had a period called a Jubilee Act where all debt was forgiven every 50 years. This was enacted, in essence, to redress any corruption and level out the playing field. Debt was also forgiven because it was well known that payment of interest the lender demanded would eventually, over time, be more than the amount of the original loan. Jubilees were declared to prevent the public from being crushed by debt! Until a few hundred years ago, charging interest was forbidden in the Christian world and was even punishable by death. It was considered exploitation and enslavement. We now see that! There are millions of foreclosures, high unemployment, poverty, hunger, crime, plutocracy and high suicide rates. So let's stop this exploitation and enslavement. How?

Since the government has not called for a Jubilee Act, and most of us have been tricked into an illegal loan, we ourselves must "stand up" to this fraud! One way to do that is to stop your fraudulent mortgage payment! Declare our own sovereign Jubilee Act!

With no more mortgage payments, the people would be free of burdensome and illegally established debt, and more of our money would be in circulation to help boost our economy!

There are many books and websites that provide instructions on how to do this in a way that could result in homeowners being able to claim a quiet title of their home. These include: Clouded Titles by Dave Krieger and Foreclosure Defense Guidebook by Vince Khan. One great website I came across is www.findyournote.com. Take the inexpensive Challenge there! There are also foreclosure defense meetings across the country.

To know more about how money works and remedies to our corrupt monetary system, check out No More National Debt by Bill Still and Web of Debt by Ellen Brown.

David Snieckus
99 Crescent Street
Newton, MA 02466
617-964-2951

 

Take action -- click here to contact your local newspaper or congress people:
Save the Economy

Click here to see the most recent messages sent to congressional reps and local newspapers

100 word BIOGRAPHY for David Snieckus September, 2010 David Snieckus is a graduate of the world renowned Kushi Institute and has been practicing macrobiotics since 1977. Currently Mr. Snieckus is a Macrobiotic Counselor, Coach and Chef who (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Attorney Generals: Do NOT settle with Banks!

Homeowners are paying on a debt/obligation they don't owe!

MA House Bill 3979

Village Vacancies

Congress: Issue the "free" currency!

One way to avoid the next fiscal crisis in January 2014

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 people are discussing this page, with 2 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

You can save your home by finding out that you are... by David Snieckus on Friday, May 4, 2012 at 3:29:13 AM
Good luck with your state efforts.... by Mari Eliza on Friday, May 4, 2012 at 3:32:18 AM