If the American people ever allow private banks to control the issue of their currency (which they now do, through the Federal Reserve), those banks and corporations will eventually deprive the people of all property until their children one day wake up homeless on the continent their fathers conquered.
How close are we today to realizing Jefferson's prediction? Kaptur answers when she tells us that somewhere between twelve and twenty million US households are today occupied by people who are on the verge of being evicted. And with falling rates of employment and income in this country, this bank takeover process has apparently just begun. We're talking about fifty million Americans who are on the verge of having their homes taken from them, by that same crew of culprits who just got bailed out with revenue coming in part from the very taxpayers they are evicting!
And from where is America's economic recovery going to come if the housing industry remains frozen in place, as growing numbers of Americans lack the income and employment that would enable them to either:
a) continue making payments on their home or
b) get a loan (from banks reluctant to lend to them) to buy another one?
We've had the largest transfer of wealth in American history, from Main Street to Wall Street. Now it's time to stop that transfer, and even, in some compensatory way, to reverse it. But this means war. And here's how the other side is proceeding with their attack on us:
Courts helping banks to screw homeowners
Retired judges, called back to work, are rushing through complex cases to speed up foreclosures.
(What follows next is an abridgment of a blockbuster article by Matt Taibbi that can be found in the November 25, 2010 issue of Rolling Stone.)
Cropping up across the country are super-high-speed "housing courts" with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase. This "rocket docket," as it is called, is presided over by retired judges who seem to have no clue about the insanely complex financial instruments they are ruling on -- securitized mortgages and labyrinthine derivative deals of a type that didn't even exist when most of them were active members of the bench. Their stated mission isn't to decide right and wrong, but to clear cases and blast human beings out of their homes as quickly as possible.
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