“Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong.” –message of a new academic paper by Brent T. White. “From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913
Don’t just walk away too quick. Many (banks, mortgage companies) aren’t even following through with their foreclosure threats, because if they did, they would have to show the “toxic asset,” so people are currently walking away, yet nothing ever happens to the home. For example, it has been reported that in high foreclosure Florida, some people have been in pre-foreclosure for over a year. What they need top do is just quit paying, put that money aside, and get ready to be surprised at how long they will be able to continue living in their houses without paying usurious banking interest payments. That’s one of the reasons that we are just seeing the beginning of this — because it’s even worse than we are being lead to believe by the main stream media and banks.
“Smash TV” look-alike TV show ‘burn your mortgage’ a sign of the times
Have you always dreamed of being mortgage free faster? Who wouldn’t! Burn My Mortgage shows homeowners that with a little bit of pain, there is a lot to gain when it comes to paying off one of life’s biggest purchases. The price of real estate has gone sky high, and despite low mortgage rates, families are drowning in mortgage debt. Lead by our financial expert Kelley Keehn and motivator Chad Bisch, Burn My Mortgage helps families shave years and tens of thousands of dollars off their mortgages in an engaging and entertaining format.
Kelley and Chad push families to the extreme to prove that denial and ignorance are the only things preventing them from reaching that mortgage free life. If they follow Kelley’s rules and survive her savings challenges – they will be rewarded with a head start lump sum mortgage payment of $5000. But that’s just a start – find out how these families could take up to 15 years off their mortgage.
Predictions show that that they are going keep playing this out as long as they can while the bankscontinue to pillage the little man. Nothing serious will happen til at least after Christmas so that they have a chance to get even more of the general populace’s money.
Was this real estate collapse planned? Could it be real? by Giordano Bruno
Many people hit a proverbial wall on this issue because they simply cannot fathom that certain groups of men (globalists and central bankers) view money and economy in completely different terms than they do. The average American lives within a tiny box when it comes to the mechanics and motivations of finance. They think that their monetary desires and drives are exactly the same as a globalist’s. But, what they don’t realize is that the box they think in was BUILT by globalists. This is why the actions of big banks and the decisions of our mostly corporate establishment run government seem so insane in the face of common sense. We try to rationalize their behavior as “idiocy”, but the reality is that their goals are highly deliberate and so far outside what we have been taught to expect that some of us lack a point of reference. If you cannot see the endgame, you will not understand the steps taken to reach it until it is too late.
Below, we will examine some of the most common narrow minded responses to the issue of engineered economic collapse, as well as why people think the way they do when the “semi-sacred” subject of money is involved…
- The economy is too complex to be controlled by just a handful of people…This response often comes from people who make presumptions on economics, rather than actually educating themselves on how the system works. From the outside looking in, the world of finance appears chaotic; a mixture of mathematical and legal standards swirling in a void of mass psychology. Many Americans are either frightened off by the seemingly complicated field of study, or they find it rather boring and not worth their time. This, however, does not stop them from assuming that they know how money works.
- Yes, international banks triggered the meltdown, but the “greed of Capitalism” is truly to blame (i.e. Its all the Republican Party’s fault)…
First off, if you’re parroting the fiscal debate points of two dimensional socialist gatekeepers like Michael Moore, then you’re already hopelessly lost in the mind warping hedge maze of the false left/right paradigm. You should stay as far away as possible from adult conversions on economics, especially if you plan on associating the “greed” of capitalism and corporatism with the Republican Party alone. News Flash! Barack Obama received far more in corporate campaign donations (including donations from BP and Exxon) than McCain did. Both Bush Jr. and Obama increased government spending to record levels meaning Neo-Conservatives are in no way “conservative” (as a true Republican is supposed to be).
Editor’s note: during the clip you can see the family sifting thru chinese food containers. Isn’t this some kind of subliminal message to people that China is holding the majority of the US’ external foreign debt? Strange coincidence, I am sure.