Watch: Money as Debt II Promises Unleashed by clicking on: http://www.youtube.com/watch?v=_doYllBk5No&feature=related
"The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible. When through the process of the law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders." ~ The Banker's Manifesto 1892
I would like to note that around 2003 many Americans were lured (thanks to the Federal Reserve, the banks, and the federal government), by low mortgage rates which fueled a housing boom. This encouraged new home purchases and a frenzy of refinancing, which in turn allowed homeowners to lower their monthly payments, harvest their growing home equity, and to buy up. Like sheep to the slaughter everyone went, with the blessing of their own government. This was a setup. GL
Fraudulent Financial System The greatest financial scam in American history is the mortgage backed securities scam, and this fraudulent financial system is getting worse, not better. It is a system that is rotten and corrupt from top to bottom. The nation we thought we lived in does not exist. Rather, we are living in a form of economic feudalism, spending our entire lives slaving away for a nobility type rule. That is to say, we are living much like Medieval serfs, with a completely compromised media; the Fourth Estate is dead. In fact, the media is covering up the mortgage scandal. They are hiding the fact that the problem is not the foreclosures, when it's the fraud. The media is engaged in what is called a limit hangout http://en.wikipedia.org/wiki/Limited_hangout . That is, they are going to admit to some little crimes to draw everyone's attention in, in order to conceal the bigger crime.