If you want to see a change (i.e., return to the rule of law) then you should not be voting for Perdue in the Georgia Senate race. You should be voting for Ossoff. Perdue sits on the banking committee and has consistently been the voice of “deregulation” of banks like the repeal of Glass Steagall which enabled Wall Street to claim securitization of debt even though no residential loan was actually sold or securitized. If you leave Perdue in office he will continue to use his office for his own benefit and to the detriment of everyday Americans.
Anyone who has followed this blog for years knows that I don’t typically enter the political arena. This is because my experience is that people from all different ideological persuasions all have the same problem when it comes to housing, borrowing, Foreclosure and eviction.
But I have continually repeated my suggestion that people who are running for office should be running against the major banks, who are responsible for the 2008 crash, and who are currently engineering the next crash (stay tuned for 2021).
And I have repeatedly endorsed voting for anyone who is running against the banks. The banks have been siphoning off trillions of dollars from the US economy for over 20 years. On some level, I think nearly everyone understands that they have been screwed by the banks, even if they don’t completely understand how it was done.
The level of Mayhem generated by the banks is virtually beyond human comprehension. But as a reference point for the scope of their illegal activities, consider this: there is about 85 trillion in fiat currency worldwide. that is all the money there is. But the shadow banking market, which had zero in 1983, now is estimated by most analysts to be in excess of $1.4 quadrillion — more than 15 times all the money in the world.
That makes the banks who make a market in this “nominal ” stuff (but treated as “cash equivalents”) in a position far beyond the ability of anyone who wants to regulate them or otherwise keep their abuses in check. And the fact that much of the money that was siphoned out of the US economy is sitting in various off-shore locations makes control over the banks virtually impossible across political borders.
With no control, the banks will not just do the same, they will escalate because that is what they do. It is already apparent that the availability of credit has lured workers into allowing their wages to be replaced by debt. At this point, the Wall Street banks are in a position where they could and no doubt will find ways to present incentives for US consumers to take on more “debt” that in actuality is a wage for services rendered. The service rendered by consumers is issuing the necessary paperwork to establish a reference data point against which investors can place bets. The revenue from selling such bets is literally infinite.
Meanwhile, the consumer who was lured into such transactions without knowledge of the real transaction is stuck with overpriced assets and is lured into strategies that create the illusion of delinquency, default, judgment, and sale of the property encumbered by “liens”.
All of this happens because consumers believe they are taking on loans went in fact they have become partners in a business scheme in which consumers receive none of the profits and assume all of the risk of loss.
If you want to see a change (i.e., return to the rule of law) then you should not be voting for Perdue in the Georgia Senate race. You should be voting for Ossoff. Perdue sits on the banking committee and has consistently been the voice of “deregulation” of banks like the repeal of Glass Steagall which enabled Wall Street to claim securitization of debt even though no residential loan was actually sold or securitized. If you leave Perdue in office he will continue to use his office for his own benefit and to the detriment of everyday Americans.
Filed under: foreclosure |
Agree with Poppy… Biden will never finish his term – maybe not even start it. This election was a scam to place Harris in the Office
Biden/Harris always stood for Big Banks and enabled their crimes.
BTW, did anyone noticed how all protests and riots (with conveniently provided piles of bricks on the streets) suddenly disappeared ?
And Democrats agreed for “concession” to $980 billion in stimulus while before election Pelosi and other Democrats rejected $1.8 Trillion offered by Trump on October 19th?
Democrats gave people another carrot on the stick to put HARRIS as a President – and HARRIS was the one who covered for Big Banks crimes in exchange of $9.2 billion “settlement” which disappeared in her hands.
ALL Democrats-operated States are a failure, California, on the lead.
Neil is talking about new crash in 2021 – it already happened in 2019, just kept secretive from the public. Because this crash for engineered by Big Banks who own Federal Reserve.
Federal Reserve “buy” unlimited “mortgage backed securities” from GSEs? Well, GSEs have nothing to sell to Federal Reserve, they already HAD it – information about loans which was initially placed with Depository Trust Corporation Cede (self-regulated branches of Federal Reserve) and sold to investors across the Globe as bets via someone’s server. Investors do not even have any material proof of their “investments” – all in electronic form
Rule of Law? forget about it. Slaves (unpaid contractors who provide financial services for Big Banks) do not have rights. Twenty years of illegal foreclosures are direct proof for it.
Anyone who been in the Court agains Big Banks know about it.
HARRIS will put another patch on Big Banks crimes like some other bogus settlement and they will pretend like nothing happened and silent or ignore those who expose it to the public.
ALL Government Agencies KNOW about Big Banks crimes.
Poppy couldn’t agree with you more. All we need is two more communists in the congress before we become a third world country..
And if you allow the senate to be controlled by the Democrats “they will continue to use their offices for their own benefit, to the detriment of all others”…[they won’t have to negotiate anything, says, AOC; then Schummer: “we win Georgia, we change America”…] they get richer, streamline legislation and break our spirit as Americans – Patriots. Biden will never finish his term, Harris will be our President, that has always been the plan. Be very mindful of just thinking about yourself….this country is in peril.