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Save The Economy

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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: 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 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

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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...)

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