Into The Pit My Adventures with Bank of America!

By D.L.

Dedication

This book is dedicated to all who are awake and fighting the same fight I have

fought, and those of you who are not yet awake but hopefully will rise from your

slumber before it’s too late. If you have no idea what’s going on in the realm of

banking, then the following pages should enlighten you. The world you live in is

far from what you think it is. You have to dig for the truth, and dig deep.

Acknowledgment

I probably wouldn’t have written this book without my close friend Jay prodding

me to do so. If my experience and research can help someone else who finds

themselves in a similar situation, then it was worth the time and effort to write.

No Disclaimer

I have nothing to disclaim. You are responsible for your actions, or lack thereof,

and nothing in this book is responsible for that. Only you can make that choice.

Contents:

Foreword..................Part 1

Preface.....................Part 2

Negligence................Part 3

Busted for fraud........Part 4

The Onion.................Part 5

Demand for documentation......Part 6

Mers..................... Part 7

Short Sale..............Part 8

The Closing...........Part 9

Testimony of a Banker…Part 10

Quotes and Links…Part 11

FOREWARD

Part 1

The last thing I ever thought I’d be doing is writing a book about mortgage fraud

and the biggest Ponzi scheme ever perpetrated on the American people. But here I

am doing just that. What I am about to tell you is cold hard fact based not only on

my years of research but my own personal four year foreclosure fight with Bank of

America. Just because you didn’t know about it doesn’t mean it’s not true. It only

means you never bothered to look beyond what you saw in the news and read in

the paper. You believed what you were told and never questioned any of it. You

and I have been living the biggest lie ever schemed upon the masses. I’m here to

enlighten you to the facts. It’s about time you woke up to reality. Stop listening to

the news, turn off your TV and do some research and you, as I have, will find out

that we are ALL “In the Pit!”

Some actually did know about the fraudulent banking system and yet felt already

defeated. They remain part of the problem by refusing to become part of the

solution.

The ultimate ignorance is the rejection of something you know nothing about and

refuse to investigate. – Dr. Wayne Dyer

The American dream......that’s what we were told right? Get married, buy a house

and raise a family. Sounded good didn’t it? For those of us in the know, the

American dream actually ended in 1933 with the bankruptcy of the United States

Corporation. Before I can get into the details of my personal journey fighting the

second largest fraudulent bank in the United States, there are some facts you’ll

need to know.

Let’s look at some history you weren’t taught in school to see how all of this could

have happened..................

You heard me correctly.....I said “CORPORATION.” The United States

Government is NOT a government and has been a corporation since the “Act of

1871.” (Links provided at the end of this book) In 1912, they passed ‘The Federal

Reserve Act” and then the fractional reserve Ponzi scheme was hatched.

Reach into your wallet and pull out a dollar bill. Already, you have a big problem

in your hands. Read what it says on the front of your dollar bill. It says "Federal

Reserve Note". First of all, the Federal Reserve is not "federal". It is no more

federal than Federal Express. For detailed proof, see Lewis v. United States, 680

F.2d 1239 (9th Circuit, 1982). There is no government copyright or trademark on

using the word "federal". Secondly, there is no "reserve." Federal Reserve banks

(aka Bank of America, JP Morgan Chase etc.) are privileged to loan money they

don't have. This is called "fractional reserve" banking. Thirdly, Federal Reserve

Notes are not real promissory notes, because they do not promise to pay anything

like gold, or silver, or something else with real substance. The Federal Reserve

System was conceived by a conspiracy of bankers and politicians who met secretly

off the coast of Georgia (Jekyll Island) to create the Federal Reserve Act. This Act

of Congress was designed to remove the Constitution as a constraint on the

financial operations of the U.S. government corporation. It created a private credit

monopoly which Congressman Louis T. McFadden once called "One of the most

corrupt institutions the world has ever known." Congressman McFadden was

Chairman of the House Banking and Currency Committee from 1920 to 1933. The

operations of the Federal Reserve are complicated and secretive. For example, this

huge syndicate of private banks has never been publicly audited. I will do my best

to simplify its operations for you. The Federal Reserve was set up to encourage

Congress to spend money it doesn't have -- lots of it. Rather than honestly taxing

Americans for all the money it wants to spend, Congress runs up a huge deficit

which it covers by printing ink on paper and calling them bonds, or Treasury Bills

("T-Bills"). Some of these T-bills are purchased by hard-working Americans like

you and me, with money that we obtained from real labor, something that has real

value. But the deficits have become so huge; the wage earners do not have enough

money to purchase all these bonds every year. So, Congress walks across the street

and offers these bonds to the Federal Reserve. The FED says, "Sure, we'll buy

those bonds. Your interest rate is 8.25, or 9 and a half. Take it or leave it."

Congress always takes it, because there's nobody else with that kind of money.

Remember, the Federal Reserve is a private credit monopoly. Now, what does the

FED use to purchase those bonds? They create money out of thin air, using

bookkeeping entries to manufacture credit out of nothing. They used to do it with

pen and ink, then typewriters, and now computers do the job.

By 1933, the United States was broke, and the international bankers (who own this

country and everything in it) demanded President Roosevelt steal all of our gold

and silver, forced it into bankruptcy and ALL laws had to be revised. Before all of

the Federal Reserve Notes became IOU's backed by the labor of the people, you

exchanged a gallon of milk for a dollar, which is a promise to pay gold or silver;

real value for real value. Now, because the US Dollar is the global reserve

currency, debt based on fractional reserve banking that requires interest to be

imposed constantly on the debtors, all nations and all over the world are forced

under this IOU system with infinite debt due to interest for our children's children.

Under this system, you exchange a gallon of milk for a promise to pay "nothing

plus interest", that’s what money became after 1933. Final point, since the money

is worthless, literally and lawfully, but you exchange something of real value, your

labor - we are getting scammed at a phenomenal rate. It is financial slavery.

After the bankruptcy of the USA Corporation in 1933, normal contract law could

not function - there was no way to actually provide consideration for services

under Common Law and Equity Contracts without lawful money. Since Common

Law (criminal) and Equity Law (contracts) require remedy or exchanges of real

value, the entire 'Justice System' was turned upside down. A new system needed to

be created which appeared lawful, but was not in any true sense - as long as there

was a presumption of true law (colorable), the average Joe (YOU AND I) would be

none the wiser. This is the system we know today as the UCC, the Uniform

Commercial Code. And you and I are an important part of this diabolical system.

You probably just don’t know it. (Links provided at the end of this book)

Our mind is of 3 categories: what we know, what we don’t know, and what we

don’t know we don’t know. Not knowing is unfortunate; not knowing that we don’t

know is tragic. – W. Erhart.

And banks no longer loaned their money. They appear to loan you money when in

fact, they loan you nothing plus interest! That’s right - YOU create the money out

of thin air with your signature. The banks monetize YOUR credit via YOUR

signature. The Powers that Be figured out a long time ago that “YOU” are the

value. Your energy, your labor etc. And since they pledged you and your labor and

your property and your children (via the birth certificate) to the International

Bankers to pay off THEIR debt, you ARE the real value. Money has NO value, it’s

just a representation of the value which is YOU! Money isn’t worth the paper it’s

printed on. So, when you signed that stack of papers at your closing, you created

the money for your house out of thin air (you loaned yourself your credit) and what

should have happened is they should have handed you the deed/title (paid in full)

and the keys and told you to go enjoy the American dream.

“THE MONEY IS CREATED AGAINST THE SIGNATURE OF THE NOTE MAKER. THE

BANK IS A CONVERTER AND ESCROW HOLDER, NOT THE HOLDER OF THE NOTE

IN DUE COURSE OR THE LEGAL OWNER OF THE VALUE.

TO CLAIM OTHERWISE THE BANK MUST PRODUCE DOCUMENTARY PROOF THAT

IT LOANED THE MONEY. NO BANK IS ABLE TO DO THIS, FOR TO DO SO, THEY

MUST ALSO SHOW THAT THEY LOANED THE MONEY FROM THEIR OWN CAPITAL

FUNDS. NO BANK DOES THAT, NOR CAN THEY PROVE THAT THEY DO. THE ONLY

WAY THE BANK CAN PROVE IT IS THE OWNER OF THE MORTGAGE IS TO PROVE

IT LOANED THEIR OWN MONEY”.

“WHEN A BANK CREATES MONEY, THE MONEY IS NOT THEIR MONEY. IT IS

MONEY CREATED FROM THE EXTENDED CREDIT OF THE NOTE MAKER. THE

BANK IS NOT THE OWNER OF THE NOTE. THE END OWNER OF THE NOTE IS THE

TREASURY AND THE OWNERS OF THE OBLIGATIONS OF THE TREASURY IN

RELATION TO THAT NOTE.” – KIETH SCOTT.

But they didn’t hand you the keys and deed/title did they? Quite the opposite. They

loaned you NOTHING (Not one penny of their or their depositor’s money) and not

only that but they have the gall to charge you interest on top of that and make you

think you’re getting a good deal. Well you’re not. You’ve just been screwed! Like

all of the rest of us. The American dream benefits the banksters, not the people.

For those of you now having a “knee-jerk” reaction to all of this and don’t think I

know what I’m talking about, let me put it in perspective using some simple math:

Let’s just take Bank of America for example. Let’s just say that they have

20,000,000 home loans. And let’s say that the average home loan is for $250,000.

(Low ball figure) That equals $50 TRILLION! And considering that they would

like you to believe that they loaned all these mortgages out in full, and continue to

loan out huge sums every day, and that they only get a tiny fraction back in the

form of house payments every month, they are taking you for someone who

flunked math class. Sooner or later, they would run out of money and not be able

to make any additional loans until they re-cooped tens of billions of dollars. But

they NEVER run out of money to loan. And once or twice a year they get fined by

the Feds for billions/trillions of dollars for their daily fraudulent activity, and that

they seem to have no problem coughing up the money should tell you something.

Not to mention their hundred million dollar bonus to their CEO every year! Sorry,

but the math doesn’t add up! Now, if they didn’t loan you any money for your

home, car, college tuition, but took in billions every month in the form of those

house payments, car payments, college tuition payments plus interest, then our

current fraudulent financial system could continue as a bloated PARASITE

gambling trillions of dollars of YOUR money on derivatives and other unethical

practices and stay afloat. And that’s exactly how it is staying afloat. Don’t you just

love math??

Parasite:

An organism in dependence on something else for its existence or support as

without it, it would not exist.

Bank:

A corporation in dependence on our money and our signatures for its existence or

support as without it, it would not exist.

Contempt, prior to complete investigation, enslaves men to ignorance. – Dr. John

Whitman Ray

When a well-packaged web of lies has been sold gradually to the masses over

generations, the truth will seem utterly preposterous and its speaker a raving

lunatic. – Dresden James

PREFACE

Part 2

”Stop renting....BUY a house!” That’s what everyone says. So we did. In 2007 I

bought a $120,000 house for $115,000 and we thought life was good. I had already

discovered 9/11, Vietnam, the Kennedy assassination, WW 1 and 2 were all

fabricated by the The Powers That Be, but had no idea that the Bankers WERE

The Powers That Be. All of their power not only controls ALL world events but

also the “debt slavery” system we’ve been buried in for the last 200 years. Three

years after buying the house, I suffered some financial hardships and having a

house I could no longer afford anymore I tried selling it, and then tried selling it in

a short sale. No one was interested in it and about six months later I stopped

making payments because I could no longer afford to. Then came the threatening

letters from Bank of America. I, like most people in this situation simply freaked

out, ignored the problem thinking sooner or later it will just go away. But, it

doesn’t go away. And deep down, I knew it wouldn’t. So I started contacting

lawyers and getting bankruptcy consultations over the phone. If the bank was

going to take my house and come after me for the deficiency, they weren’t going to

get one penny! I was now starting my slippery slide into the pit.

The Sheriff showed up one day with a thick packet of papers for me....my

foreclosure notice! Nothing rattles you more than a Sheriff’s deputy standing at

your front door. That is when the real intimidation from the bank starts. Which

brings up another interesting question: In the case of serving foreclosure notices’,

who is the Sheriff actually working for? If you ask the deputy at your front door,

he’ll say his boss (The Sheriff). And what will the Sheriff say? That’s right…The

BANK! The county has nothing to gain by the bank kicking you out of your home.

In fact, the counties are getting screwed out of tens of thousands of dollars every

year by MERS. (You’ll learn about that in Part 7.) That’s when you realize how

insidious the banks really are and that you are looking into the eyes of an actual

monster and they control the system from the top down. And that’s when the

seriousness of my situation came to rest on my chest like a large boulder. My

girlfriend and I had moved out of the house shortly after and for around six

months, nothing happened. We had moved into an apartment and basically ignored

the problem at hand. I did however; go pay a lawyer $150.00 to file a “Delay of

Sale” for me, thinking this would give me six more months from this point in time.

In the very back of my thick packet of foreclosure papers was a flyer to get help if

you found yourself in this situation. But, you had to live in the house to get their

assistance. I called the 800 number and they sent me a packet of papers to fill out.

They were a financial counseling company and basically I filled out a stack income

to debt forms, sent them back and waited. In the meantime, to qualify for the loan

assistance we moved back into the house. After a few tweaks of the documents

they had a complete file on me and they forwarded it on to Iowa Mediation

Services. I was assigned a wonderful mediator whose name I won’t mention to

protect their privacy. They negotiate with Bank of America on my behalf to try to

get me a loan modification. Except for supplying some documentation (that the

bank has no business having) they would do all of the work. In the meantime, my

research into the banking fraud escalated and continued down the rabbit hole!

NEGLEGENCE

Part 3

About three weeks my mediator called me and said the bank wants two months

bank statements, the last two years tax returns and your last two months pay stubs.

Ok I said and emailed him the documents. (Stupid me......NO ONE has any

business seeing these documents...think about it....really?) However, supplying

them the documents in question was part of their game. And if I wanted a loan

modification, I had to play along. Meanwhile, Bank of America’s first Law Firm

filed a motion for summary judgment against me. I ignored them. After about eight

months of these repeated documentation requests from the bank, and the frustration

my mediator was having getting anywhere with these parasites, I was quickly

learning just how their game was played, and how to play back. Eventually, the

court sent me a letter with a date to take up my case for summary judgment. My

mediator typed up a letter showing we were negotiating a loan modification and I

filed it at the court house. A week after the “date” my case was to be brought

before the court, I got another letter from the court delaying any decision for 60

days so we could continue negotiating. The initial fear of this BIG BAD BANK

foreclosing on me slowly turned into amusement, and as I learned their game, and

continued researching their fraud, I actually started to look at it as a game of chess.

I used to be really good at chess and only a few people ever beat me at it. Could I

shake off the rust and win again? Banks don’t like people like me. And they don’t

like people like me telling you what I know. It soon became apparent that they

were intentionally stalling as they make far more money foreclosing on you then

they do modifying your loan!

Banking Facts from “National Mortgage Investigators Inc.”

It’s easy to understand why the business of foreclosing on a homeowner is much

more profitable than the business of home lending, if you understand how a bank

works behind the scenes. In 1961, the Federal Reserve Bank of Chicago published

a booklet entitled “Modern Money Mechanics,” which revealed the inner workings

of our modern banking system. Known as a fractional reserve system, banks must

keep a monetary reserve of 10% of their depositor’s funds on hand at all times. In

other words, if a bank has $10 billion in total deposits, $1 billion must be held as

“required reserves”; the other $9 billion is considered to be an “excessive reserve”

and this amount can be used as the basis for new loans.

We would logically assume that banks are taking quite a risk by creating new loans

for consumers derived from 90% of depositors’ money, but this is not reality. What

really happens is that banks create new loans for consumers on top of their

excessive required reserves out of nothing; banks don’t actually touch their

depositor’s reserves for lending purposes; they only need to prove they have it to

get freshly printed money from the Federal Reserve. This practice of fractional

reserve lending is how our money supply expands and where the term inflation is

derived from. As long as the 10% depositor reserve requirement is satisfied, banks

can keep issuing new loans with money created out of thin air. Banking institutions

such as Citi Group, Wells Fargo, Chase, Goldman Sachs, Bank of America and

PNC are only a sampling of banks that can literally use the Federal Reserve to print

free money for mortgages. Homeowners believe their mortgage is backed with

money derived from their bank’s existing assets or other depositors’ savings, not

fractional reserve “funny money”. So what does the bank stand to lose when it

creates loans for consumers and then forecloses on them? That’s right, nothing.

When a contract is made between two parties, both parties put forth some form of

consideration, or something of value to fulfill the contract. For example, if Bob

signs a contract to buy a car from Shawn for $5,000, Bob’s consideration is the

$5,000, and Shawn’s consideration is the car. Both parties are sacrificing

something of value to fulfill their contract. In the case of a home “loan”, banks

simply create a piece of paper called a Mortgage Note and create money from

nothing to produce the “loan”. On the other hand, borrowers put up valuable

consideration by pledging their hard earned finances and their current home to

fulfill the contractual obligation as stated in the Mortgage Note. If a homeowner

fails to pay as stipulated in the note, the bank can take that homeowner’s home.

The homeowner literally bears all the risk while the mortgage lender puts up

nothing. As stipulated in Modern Money Mechanics: To banks, a home “loan” is

nothing more than a bookkeeping entry. They put up no consideration of their own.

It is well enough that people of the nation do not understand our banking and

monetary system, for if they did, I believe there would be a revolution before

tomorrow morning.”

- Henry Ford

Foreclosure is now an industry

In recent years, banks began buying what is known as a Credit Default Swap

(CDS) to make massive profits from non-paying homeowners. A credit default

swap is literally a bet that a certain loan will fail. These bets are bought for pennies

on the dollar by banks and other for-profit corporations. A CDS creates a major

“pay day” because it acts like an insurance policy when a homeowner defaults on

their mortgage. Why wait for a homeowner to pay off their loan in thirty years

when a bank can make a high risk loan designed to fail and then cash a CDS in? It

has been revealed that in some cases, banks and other investment firms purchase

CDS’s up to 100 times a home’s mortgage value, creating an enormous payout of

100 times the original mortgage balance.

The credit default swap is one explanation as to why loan modifications are being

denied so often and why foreclosures are such a profitable occurrence for the

banks. When a bank has such an enormous incentive for a homeowner to fail, then

why would that bank help the homeowner by modifying their loan? A modified

loan interferes with the bigger, more profitable picture. This explains why, for the

first time in financial history, banks created mortgages for people who they knew

would go into default.

The big bailout of 2008 was made out by the media to be a government play

designed to help “ailing” banks who were “losing” billions on foreclosures. It

wasn’t. Much of the bailout went to pay off the credit default swaps the banks

bought from companies like AIG who sell them. AIG didn’t have enough money to

honor all the credit default swaps they sold, so a taxpayer bailout was constructed

by Treasury Secretary and former Goldman Sachs CEO, Henry Paulson in the fall

of 2008. Goldman Sachs bought enormous amounts of credit default swaps on

toxic mortgages they made to low income, low credit borrowers. With enough

taxpayer bailout money to pay off companies like Goldman Sachs, AIG sent many

of their exec’s on a luxury vacation. The modern foreclosure crisis is, in part, an

insurance scam which has caused the largest transfer of wealth in global history.

Bankers continue to get the largest salaries and bonuses in the world; despite the

worst housing market in US history. Mission accomplished.

Michigan Attorney Vanessa Fluker recently testified in front of the House

Judiciary Committee in the Mortgage Services and Foreclosure Practices hearings.

In her testimony, she reminded the Congressional panel that mortgages guaranteed

or underwritten by Fannie Mae or Freddie Mac ensure that banks are paid nearly

the full mortgage balance upon foreclosure. Let’s be clear here: the banks don’t get

paid the remaining mortgage balance when they foreclose, they get paid 90% of

the full original mortgage amount. This is in addition to all the interest the

homeowner paid up until the point when they defaulted, the eventual resale price

of the home and the monies generated from any credit default swaps bought behind

the homeowner’s back. How can foreclosures cease when the rewards for

foreclosing are so great for banks?

If you think that’s bad, please remember that Fannie Mae and Freddie Mac are

government sponsored enterprises. In other words, every working Americans’ tax

dollars fund these companies! On Oct 21, 2010 The Federal Housing Finance

Agency (FHFA) estimates revealed that the bailout of Freddie Mac and Fannie

Mae will likely cost taxpayers a total of $224–360 billion, with over $150 billion

already provided. In reality, it cost taxpayers $27 trillion! This money is used to

pay the banks that refuse to help homeowners.

So one day, for no apparent reason, Bank of America’s first Law Firm sent a

request to the court asking to be removed from the case. Request granted. (Wow, I

had won one small battle and my confidence was growing.) Every few months the

bank would come back to my mediator and ask for the same documents from me,

saying the ones I sent two months ago were “obsolete.” (Really?) This went on for

over a year!!! During that year I went through three or four different “Customer

Service Representatives” or CSR’s. I literally was going through them like water. I

would get a letter from Bank of America stating that I had a new CSR and that they

would be calling me soon. I never answered when they called because I had

nothing to say to them. They are mere pawns in the banks game. Besides....what do

they know? Then one day, a year and half into this and six different CSR’s later, I

received a letter in the mail from Bank of America. They were doing a tour and

would be in my town in July 2013 at a hotel banquet room and if I was in need of a

loan modification, I should bring some pay stubs, bank statements and tax

returns.......hummm...(Didn’t I already do this a dozen times through my

mediator?)

I actually thought it was funny. So guess what, I was starting ALL over again!

How could they not know they were trying to foreclose on me AND modify my

alleged loan? The letter actually sounded like they had no idea who I was....but

then, why would they send me this letter if they didn’t? So I called up my

mediator and informed him of this letter. He was in shock. None of his other four

Bank of America clients had received this flyer. I might want to mention, that once

you are in foreclosure, they will NOT accept another house payment from you.

They want it ALL or nothing! I believe at that time they said I allegedly owed

around $32,000.00. When I did attempt to send them a payment in the form of a

cashier’s check from my credit union, they started to cash it, then sent it back to

me. My credit union was quite amused as I deposited it back into my account.

My mediator told his other Bank of America clients about the letter I received and

ALL of us met at the hotel that day. They weren’t expecting the other four people

so it took a lot longer than we had thought it would. Basically I sat down with

another CSR, filled out another pile of financial documents and he scanned them

plus the re-occurring documents they kept asking me for every two months and

started a brand new file on me. (Actually, they just added to the file they already

had) As I just stated, they won’t take a house payment from you, so I was living

there house payment free for a year and a half. Some of you may think I’m bilking

the bank. Actually, they are bilking YOU and ME because there IS NO LOAN! In

the meantime, their second set of lawyers (I had already exhausted the first firm)

from Waterloo were now pushing for a summary judgment against me. Now I had

their game figured out and learned how to use it against them. I simply got another

letter from my mediator stating we were still working on a loan modification and

filed it with the clerk of court and a week or two later I would get a letter from the

court giving us 60 more days to get it done. There would be no court action before

then! Delay delay delay! If that’s how Bank of America wanted to play, I was all

in. Every time they delayed my loan mod by asking for more documents, I would

delay the court decision by filing more papers stating we were still negotiating.

(And we were so I wasn’t lying) And all of their ridicules delays kept me in my

house longer payment free.

Next, I get a phone call from my eighth CSR who was a no nonsense “get-r-done”

type of woman. I can’t remember her name but she was quite amusing to say the

least. She stated that some of the documents that I had filled out at the hotel (which

were looked over for errors on the spot) had errors on them and needed to be

corrected. (Can you say incompetence?) So we went round and around and finally

she said they were correct and submitted them. She actually apologized for the run-

a-round I’d gone through and said to me point blank, “This should have never

taken more than 30 days.” I could only laugh and so did my mediator when I told

him about it as now this had taken over 20 months. I told her all of this delay was

squarely on the shoulders of Bank of America and they had only themselves to

hold responsible and she actually agreed with me! Around two weeks later I got a

letter from Bank of America offering me a loan modification. I was shocked! It

finally had happened. As I read through the letter my shock quickly vanished and

turned into more amusement. After all this time, their loan mod was a measly

$130.00 off my house payment every month. Really? For my financial situation, it

would have to have been around $300.00 a month less or more to make any

difference and keep me in my house. Were they on drugs???? I called them up the

next day and said I DO NOT ACCEPT your loan modification offer. She became

bewildered. I think she stopped breathing, “What do you mean Mr. L? After all of

this work??” I told her the modification was so small as to be irrelevant. She stated

(LIED....we’ll get to this a bit later) that because my loan was a Freddy Mac loan

and they were the investor, that they had very strict rules on loan mods and that

Bank of America’s hands were tied. (Another lie) And shortly after that I got a new

CSR!

BUSTED FOR FRAUD

Part 4

During these past two years or so, the “mainstream media” actually reported on

Bank of America, JP Morgan Chase, Wells Fargo, Citi-Bank and others of massive

fraud in illegal foreclosures, and robo-signing as many mortgages as possible with

fake signatures to pump as many mortgages through the system using MERS

(Mortgage Electronic Registration System) as possible. They were fined

BILLIONS of dollars. (Of course no one went to jail) and of course, all of these

banks magically had the money to pay these fines. (Sound familiar?) The banks

actually have a secret agreement with the government corporation that none of

them ever go to jail over their massive fraud. They’ll pay out whatever hefty fine is

handed down to them, but once more…..no one goes to jail! The money went to

the states according to a ratio of home loans per capita, and California came out the

biggest winner. The problem was, that the states (parts of the USA Corporation)

were broke and needed the money for more important things (according to them)

then helping out the ponzi-schemed homeowners in foreclosure. The states spent

the money on other things and little was left to help out people like me. Families

who had been illegally foreclosed upon and had been kicked out of their homes got

a measly $2000.00 for their suffering!!!!! That is beyond pathetic and starts to

show you the real cold blooded reality of our wonderful banking system and our

government corporation who is supposed to be looking out for us! Have you ever

wondered why the bank doesn’t show up to your closing? Did you ever pay

attention to the fact that the bank NEVER signed any of the documents?? Only

YOU signed the documents. Did you ever wonder why? Like I explained earlier,

they AREN’T loaning you any money so they have no reason to sign anything.

And they ARE not a victim/nor did they suffer a loss in a suit through the courts

because they never lost any money. (We’ll get to how the courts are bought and

paid for later) This is just one of a dozen news stories over the past three years on

the BIG-5 Banks screwing homeowners over any way they can and now these

stories are being featured on 60-Minutes! Now former employees of Bank of

America have come forward in a suit stating they were told to lie and misplace

documents to push homeowners who were trying to get a loan modification into

foreclosure. You can read about that here:

http://www.salon.com/2013/06/18/bank_of_america_whistleblowers_bombshell_w

e_were_told_to_lie/

These are but a few of the atrocities Bank of America and the other “Too Big to

Fail” banks have perpetrated on the American public. And in 2008, YOU bailed

them out! But you didn’t need the $27 TRILLION dollars did you?? Just sayin!

Now, the “too big to fail” banks are trying to push through Congress (hidden in a

1600 page bill that NO ONE read) a stipulation to have the FDIC (The tax payer)

insure all of their trillions of dollars in risky derivatives. If they win in their

derivative gambling, they win, and if they lose, YOU and I, the tax payer will bail

them out yet again. You can read about it here!

http://www.theguardian.com/business/2014/dec/10/congressional-budget-big-

bank-bailouts

And you can read about how banks fake your mortgage documents and even

admitted to it here:

http://www.salon.com/2013/08/12/your_mortgage_documents_are_fake/

THE ONION

Part 5

Seriously looking for the truth in any matter can be compared to peeling an onion.

The outside skin is nothing but lies and garbage. As you keep peeling, you’ll find

some truth mixed with lies, more truth mixed with disinformation and so on until

you reach the core where you’ll finally find the cold hard truth. You’ll also notice

as you keep peeling, the closer you get to the core (truth) the more your eyes water.

(The truth hurts) Most people who get told the truth right away become very

defensive and angry at whoever told them. They are not able to wrap their mind

around it as this promotes the idea that they were either lied to their whole lives, or

whoever just told them the truth is a liar and has no idea what they are talking

about. This gets back to the quote at the beginning of this book:

“The ultimate ignorance is the rejection of something you know nothing about and

refuse to investigate.” – Dr. Wayne Dyer

For most people, the “onion” approach is the best way to ultimately find the truth

about something by getting it in small doses, keeping what resonates with you and

discarding what doesn’t, and then keep on peeling until you finally get to the core.

For me, the onion started out as follows:

1. The outside layer of the onion myth: Banks are wonderful businesses that are

here to help you meet your financial goals such as car loans, college tuition, and

home loans by loaning you THEIR money and by charging you a fair interest rate

so they can make a fair profit for the long term use of THEIR money. And by

THEIR money I mean mostly their depositors money along with a small amount of

their profits.

Fact: FALSE! Banks are not permitted to loan you THEIR money, THEIR

depositor’s money or THEIR credit by law!

See “Generally Accepted Accounting Principles” (GAAP)

https://en.wikipedia.org/wiki/Generally_Accepted_Accounting_Principles_(United

_States)

A national bank has no power to lend its credit to any person or corporation . . . Bowen v. Needles Nat. Bank, 94 F 925 36 CCA 553, certiorari denied in 20 S.Ct 1024, 176 US 682, 44 LED 637.

.

Countrywide Home Loans, Inc. v Taylor - Mayer, J., Supreme Court, Suffolk County /

9/07

.

American Brokers Conduit v. ZAMALLOA – Judge SCHACK 28 Jan 2008

Aurora Loan Services v. MACPHERSON - Judge FARNETI 11Mar 2008

.

“A bank may not lend its credit to another even though such a transaction turns out to

have been of benefit to the bank, and in support of this a list of cases might be cited,

which-would look like a catalog of ships.” [Emphasis added] Norton Grocery Co. v.

Peoples Nat. Bank, 144 SE 505. 151 Va 195.

"It has been settled beyond controversy that a national bank, under federal Law being

limited in its powers and capacity, cannot lend its credit by guaranteeing the debts of

another. All such contracts entered into by its officers are ultra vires . . ." Howard &

Foster Co. v. Citizens Nat'l Bank of Union, 133 SC 202, 130 SE 759(1926).

2. The next to outside layer of the onion myth: Banks are somewhat reputable

institutions who get into trouble sometimes by the acts of a few individuals,

however, the top brass had no idea what was going on. Banks in general shouldn’t

be judged by the actions of a few.

Fact: FALSE! Sure there are petty thieves in every organization, but the crimes the

big banks commit EVERY day, are known about and administered from the top

down. (Don’t let them fool you) They bought “Country Wide Mortgage” one of the

dirtiest banks in the game, pretending like they didn’t know of their massive fraud,

and then this happened. Think the CEO was clueless?

http://www.huffingtonpost.com/2012/10/24/bank-of-america-mortgage-

fraud_n_2009791.html

3. The next to outside layer of the onion myth: The banks were “Too big to fail.”

In 2008 when the dirty fraudulent dealings of the big banks brought them to their

knees, their bought and paid for government (corporation) came to the rescue to

bail them out with YOUR tax payer money. Did you agree to that? Do you

remember voting on that? Did our government LIE and tell you that if these banks

failed, the world would come to an end?? Yes they did. Was that true? No it

wasn’t. Actually, that would have been the best thing that could have happened.

You might have lost your savings account (FDIC insurance would have been

bankrupted and is a complete farce anyway) but your home mortgage, student loan,

and car loan would have vanished overnight.

No more bank payments. And remember, you didn’t owe them any money to begin

with because they never loaned you a penny. And they can never prove that they

did. (More on this later) But once more, you didn’t need that $27 trillion dollars

did you?

Fact: The banks ARE too big and should have failed!

4. The next to outside layer of the onion myth: Your note, deed, and other

relevant paperwork needs to stay together throughout the lifetime of your (alleged)

loan no matter how many banks supposedly buy it. By law, this is true.

Unfortunately for the homeowner, the government (corporation) doesn’t enforce

this law. The banks OWN the government.

Fact: Although this is supposed to be adhered to by the banks it isn’t. This is

called a break in the chain of title. And what the court will do is ask the bank if

they have all of the original wet ink signed documents. And if they don’t, all the

court does is ask the bank to issue a statement that it was lost and file an affidavit.

(Really??) And the bank gets off the hook. (I’ve witnessed this firsthand folks!)

As I began researching mortgages I came across several web sites stating that the

banks needed to keep ALL of your original paperwork together no matter how

many different financial institutions had their parasitic claws on your loan. In other

words, your Promissory note, deed, most of the documents you signed at closing

had to travel together no matter what. As I kept researching I discovered that a

good share of those documents DON’T stay together and become separated over

time as your loan gets “pooled" with other mortgages and sold to Wall Street in the

form of a stock. And a stock is no longer a loan! Over a period of time, most banks

cannot produce all of your original wet-ink signature documents, only copies, and

only some of them. That is illegal. But the court gives them a free pass.

5. The next to outside layer of the onion myth: “Were here to help.” That’s what

Bank of America tells me in every letter they send me. And in their automated

voice customer responses. They also hint at the true nature of their fraudulent

business. Their automated voice responses always ends with. “We’re a debt

collector.” Yes they are!!! In fact, they are a THIRD PARTY debt collector. In

reality, they are trying to collect a debt that doesn’t exist, and they can’t provide

the paperwork (accounting) to show otherwise.

Fact: Most courts don’t care. A judge (administrator) told me my argument had no

merit. That’s funny since I quoted the Federal Reserve’s own book, “Modern

Money Mechanics” which states that to a bank, a mortgage is nothing more than a

computer entry, they put up NO consideration of their own! If one party in a

contract puts up NO consideration, the contract is NULL and VOID! (No merit?)

6. The core of the onion: There is no loan, and there never was any loan.

Fact: There is no loan and there never was any loan.

We’ve finally gotten to the core. There are actually many more layers then this, but

I’m keeping it simple so you don’t lose focus on the facts being presented to you.

See how much peeling we had to do to get through the half-truths, lies,

disinformation, gate keeping to finally arrive at the TRUTH?? Hint: It will never

show up on page - 1 of your google search. You really have to dig for it. Do you

really think they want you to figure out their fraud and deception with a couple of

key strokes? Just sayin!

DEMAND FOR DOCUMENTATION

Part 6

By now I was armed with a ton of evidence and research and was ready to turn the

tables and start making my own demands from Bank of America. And this is where

their true colors really shined! I was assigned my umpteenth CSR named Terrance

Webster, and received a nice threatening letter from him telling me he was “HERE

TO HELP!” I’d had enough of these fraudulent clowns. Don’t get me wrong,

Terrance probably has NO idea what his company and ALL other banks are doing.

But as you will soon find out, ignorance of the law is NO defense, and he could

easily do the same research I and thousands of others have done and find out the

TRUTH about our deceptive banking system. And, he is solely responsible for his

actions and cannot hide behind the corporate veil of the bank.

So, using “legalese” the only language corporations understand I drafted up a letter

to Terrance / Bank of America that stated the following:

“Demand for Documentation”

Dear Terrance Webster,

Bank of America cannot show they suffered a loss because they can’t provide

evidence they put up any consideration. HERE IS WHAT YOU WOULD HAVE

TO PRODUCE IN ORDER TO ESTABLISH THAT A LOAN WAS MADE AND

THAT I MAY HAVE A DEBT:

1. Produce documentation of prior title, ownership and rights to the money you

purportedly loaned me.

2. Produce documentation of the history and origin of funds that you purportedly

had prior title, ownership and rights to that you purportedly loaned me (banking

requires 3 generations at least if not all the way back to issuance/creation of the

alleged funds...this is why banks issue a letter of origin/history of funds)

3. Produce documentation of the actual transaction and transfer of said funds (prior

title, ownership, and rights) from loaner to borrower (invoicing/receipts) there is a

difference between a "loan" and "debt," conceptually, legally and factually.

Look up the definitions of loan and debt, difference between statement and

invoice...only an invoice has to be paid...however you would first have to show

that you made me a loan...if no loan, each invoice is fraud - mail fraud to be

precise.

Please see attached “Courtesy Notice.” I suggest you read it carefully and take it

seriously. If you have any questions, this notice gives you the resources to verify

the validity of the information herein.

Sincerely, DL

I sent this letter to him three times (certified mail) 72 hours apart. ALWAYS send

your letters to them by certified mail so you have proof you sent them/they

received them. (The United States Corporation) operates under the Uniform

Commercial Code (UCC) as mentioned previously. Why is this important to

know? You have to understand how the system (designed behind your back) works

in order to play their game and use their rules against them. The UCC is based on

“PRESUMTIVE” law and “CONTRACT law. THEY presume you know how the

system works when in fact, they know you don’t. Also, under the UCC, if you

make a presumption against them, three times 72 hours apart, and if they don’t

“RUBUT” your presumption, it cures under the UCC and stands as law. (More on

this a bit later) So I had made three demands of Bank of America to prove, with the

actual accounting, that they had made a loan to me. It wasn’t even them, it was

four banks before them (as stated earlier), but they had “BOUGHT” the alleged

loan from Country Wide Mortgage who they purchased in 2008/2009. They

ignored my three demands of documentation, and responded that I seemed to be

questioning the validity of the “note.” Well Duh? That is EXACTLY what I was

doing. So what did they do? They sent their second Law Firm after me. After what

I call a soft opening, their lawyers sent me a statement of account (with their fees

included) and stated I had thirty days to rebut their presumptions. And I did! I sent

them the same letter I sent Terrance (Bank of America) and the Law Firm wrote

back stating that I seemed to be questioning the validity of the note. Duh again! I

sent the same letter (above) a second time and they sent me a copy of my

Promissory Note. Funny thing was, I already had one. They had NO intention of

honoring my requests for documentation because they couldn’t. They didn’t have

what I was asking for because it DOESN’T exist! Next, they sent me a threatening

letter that they were initiating foreclosure proceedings against me. All I could do

was laugh as, my three demands of documentation letters were NOT rebutted, they

had just lawfully admitted to their fraud without saying a word. Perfect! That is

how the UCC works. Say nothing - admit your guilt! After several months of their

second Law Firm sending me threatening letters, and I threatened them back, they

out of the blue asked the court to be removed from the case. Weren’t they getting

paid? Strike two!

Their third law firm, we’ll call them Dewy Cheatem & Howe, started sending me

letters showing me the alleged amount of money I owed Bank of America and that

I had 30 days to rebut this letter or pay in full! I replied because if you don’t rebut,

it is PREUMED to be true. (UCC) So my rebuttal letter stated the following

(AGAIN!):

Dear Dewy Cheatem & Howe,

In order for you to precede, your client, Bank of America will have to provide the

following documentation to show they are an injured party and that they have

actually suffered a loss:

1. Produce documentation of prior title, ownership and rights to the money you

purportedly loaned me.

2. Produce documentation of the history and origin of funds that you purportedly

had prior title, ownership and rights to that you purportedly loaned me (banking

requires 3 generations at least if not all the way back to issuance/creation of the

alleged funds...this is why banks issue a letter of origin/history of funds)

3. Produce documentation of the actual transaction and transfer of said funds (prior

title, ownership, and rights) from loaner to borrower (invoicing/receipts) there is a

difference between a "loan" and "debt," conceptually, legally and factually.

Look up the definitions of loan and debt, difference between statement and

invoice...only an invoice has to be paid...however you would first have to show

that you made me a loan...if no loan, each invoice is fraud - mail fraud to be

precise. - DL

They sent me a letter back claiming that it seemed to them I was refuting the

“validity” of their claim (alleged loan/debt) against me and sent me a copy of the

promissory note (AGAIN). They claimed that this signed note PROVED I owed

the money and I was wasting their time. I already have copies of that note and

wondered why they kept sending me copies of documents I already had. So I sent

another letter to them asking that exact question and demanding they prove a loan

was made as stated above. They sent me ANOTHER copy of my signed

promissory note stating the same exact response. The funny thing about this is that

I heard all of this on an Internet radio show months before, stating this exact same

scenario. As they stated on the show, all the banks/lawyers will ever do is keep

pointing back at the Promissory Note. They will never/can never produce the

documentation proving a loan was made. All they have is a note you/I signed

promising to pay back an alleged loan. Well that would be all well and good IF

they could prove a loan was ever made. But they can’t! And they won’t! And they

don’t!

A few months later I get a letter from the court stating that Dewy Cheatem and

Howe are asking the court for a summary judgment against me. Are you seeing the

pattern here? They DON’T have to provide ANY documentation to prove an actual

loan was made but I have to provide paycheck stubs, taxes and bank statements.

The court stated my defense had NO merit yet my whole defense IS based on The

Federal Reserve’s own writings/rules. And they regulate how banks operate in

today’s society. That judge should be disbarred. And HUNG!

Want proof that this is real? Ask yourself the following questions:

1. Were you told that the Federal Reserve Policies and Procedures and the

Generally Accepted Accounting Principles (GAAP) requirements imposed upon all

Federally-insured (FDIC) banks in Title 12 of the United States Code, section

1831n (a), prohibit them from lending their own money from their own assets, or

from other depositors? Did the bank tell you where the money for the alleged loan

was coming from?

2. Were you told that the contract you signed (your promissory note) was going to

be converted into a 'negotiable instrument' by the bank and become an asset on the

bank's accounting books? Did the bank tell you that your signature on that note

made it 'money,' according to the Uniform Commercial Code (UCC), sections 1-

201(24) and 3-104?

3. Were you told that your promissory note (money) would be taken, recorded as

an asset of the bank, and be sold by the bank for cash - without 'valuable

consideration' given to obtain your signature? Did the bank give you a deposit slip

as a receipt for the money you gave them, just as the bank would normally provide

when you make a deposit to the bank?

4. Were you told that the bank would create an account at the bank that would

contain this money that you gave them?

5. Were you told that a check from this account would be issued with your

signature, and that this account would be the source of the funds behind the check

that was given to you as a "loan?"

If you answered "No" to any of these questions, YOU HAVE BEEN SCAMMED!

How does that make you feel? It is now up to you to demand your deposit back

and to challenge the validity of your "signature" on any alleged bank "loan"

agreement or check. Since the banks and other lending institutions cannot allow

"full disclosure" of your "loan" agreement and cannot answer your challenges

about it without going to prison, their silence is your key to exposing their

FRAUD!

I have now proven with the Federal Reserve’s OWN writings and accounting

practices that no bank can loan you any of their depositor’s money. Would you like

to know what they do with your money? From 5:01pm until 8:59 am the next day

(almost every day) they use your money in their own casino!

Few people disagree that the one who provided the original funds to fund the bank

loan check should be repaid the money. Few argue that we should have equal

protection and full disclosure. The lender concealed the true substance in the

agreement.

MERS

Part 7

MERS is an acronym for Mortgage Electronic Registration Systems. About 75% of

all new mortgages in the US are registered with MERS and recorded in its name.

MERS created an electronic mortgage tracking database to keep track of millions

of loans being constantly bought and sold in bundles, or pools. This process of

bundling and selling mortgages is called securitization.

When mortgage lenders began the process of securitizing mortgage debt, they

realized that a significant amount of money would have to be paid in fees to county

recorders. This is because each securitization yields roughly 4-6 “sales” or

“assignments” of the mortgage note to various investors. MERS made it possible

for mortgage lenders to bypass having to sign and record mortgages (or deeds of

trusts) properly. This made predatory lending easier. It also allowed MERS to

avoid paying document recording fees in every county in the US, which the

recording party is supposed to do. This includes the initial filing of a mortgage or

deed of trust, as well as any assignments (transfers/sales of the loans). MERS

effectively reduced the transparency of the mortgage market.

By definition, a “mortgagee” is an organization that lends money to a borrower by

a mortgage agreement. Until MERS, the mortgagee has always been the

homeowner’s lender who makes the loan, owns the lien on the property, and also

legally owns the right to foreclose should the homeowner not pay. Mortgages that

are passed through MERS list “MERS” as the mortgagee on the homeowner’s

mortgage document. This is fraud because MERS does not invest in mortgages or

make loans; they simply record and assign them to other investors through their

electronic database. Once loans are securitized and sold, trustees are put in charge

of the mortgage pools. Trustees are claiming to own the right to foreclose because

they have an obligation to the buyers of the mortgage backed securities to keep

their investments protected.

Each mortgage passed through MERS receives a MERSmin identification number,

which allows a homeowner’s mortgage to become an unknown “chopped-up”

securitization and prevents anyone from knowing who the true lender is. This

destroys a homeowner’s chain of title, which is a property’s title history that runs

from the present owner all the way back to the original owner of the property. All

events, transfers, assignments, liens, endorsements and other notices are recorded

for legal purposes within a chain of title.

According to University of Utah Law Professor, Christopher Peterson, MERS is

nothing more than a façade; a shell company owned by the largest banks in the

world that makes it extremely hard to track down where a homeowner’s actual

mortgage note is. It is believed by many industry experts that MERS was

intentionally set up to commit various frauds such as document forgery, copying

mortgage notes and selling them in multiple pools, foreclosure fraud, avoiding

county recording fees and destroying the chain of a homeowner’s title; allowing

MERS to literally steal people’s homes, when in fact they have no legal right to.

MERS has very few employees that manage its operations, yet it claims to have

20,000 employees. Investigators have found that these 20,000 MERS “employees”

have fraudulently been named “Vice Presidents” of MERS for the sole purpose of

signing documents that facilitate foreclosure. These “pretend” Vice Presidents are

actually office clerks, paralegals and customer service reps working in many

locations all across America. Many are MERS’ member bank employees. They are

paid to forge millions of mortgage documents all day long – posing as bank Vice

Presidents! These signers also called “robo-signers”, make the note look like it has

been assigned and transferred properly for securitization because it has been

“signed” by bank VP’s. These fraudsters also prepared and signed off on millions

of foreclosure affidavits, making the foreclosures completely illegal. MERS has

effectively reverse engineered borrowers’ loan documents to fool courts all across

America that MERS has standing to foreclose on behalf of its member banks.

Legally, it doesn’t however.

At this time, it is not known exactly how many foreclosed homeowners had their

mortgages pass through MERS. One thing is certain – judges have ruled in

multiple cases across America that MERS cannot foreclose on a homeowner

because it is not the official mortgagee (lender) as MERS claims it is. The Kansas

Supreme Court was the first to rule that MERS has no legal right to foreclose on

homes. The California Supreme Court followed with a similar ruling in 2010; then

a Michigan court in April, 2011. But still lenders, along with MERS, continue to

foreclose.

Lawyers for homeowners say that MERS lacks the required paper trail to prove

mortgage ownership in foreclosure proceedings. Look at who started MERS (the

CEO’s of all the large banks and title companies), and you’ll see why. The mess

that MERS has created in land ownership could haunt this country for decades to

come. It affects 66+million properties with uncertainty and clouded titles.

University of Utah Professor, Christopher Peterson, gives a very powerful

summary of what the MERS monster has done, and why every homeowner

should be aware of it:

“In the mid-1990s mortgage bankers decided they did not want to pay recording

fees for assigning mortgages anymore. This decision was driven by

securitization—a process of pooling many mortgages into a trust and selling

income from the trust to investors on Wall Street. Securitization, also sometimes

called structured finance, usually required several successive mortgage

assignments to different companies.

To avoid paying county recording fees, mortgage bankers formed a plan to create

one shell company that would pretend to own all the mortgages in the country—

that way, the mortgage bankers would never have to record assignments since the

same company would always “own” all the mortgages. They incorporated the shell

company in Delaware and called it Mortgage Electronic Registration Systems, Inc.

Even though not a single state legislature or appellate court had authorized this

change in the real property recording, investors interested in subprime and exotic

mortgage backed securities were still willing to buy mortgages recorded through

this new proxy system.

Now about 60% of the nation’s residential mortgages are recorded in the name of

MERS, Inc. rather than the bank, trust, or company that actually has a meaningful

economic interest in the repayment of the debt. For the first time in the nation’s

history, there is no longer an authoritative, public record of who owns land in each

county.” Nice eh??

Short Sale

Part 8

After continually winning the battles but seeming to lose the fight I received a card

in the mail from “American Home Solutions.” It stated:

STOP FORECLOSURE, CALL US TODAY!

I almost threw it out but for some reason stuck it in a drawer and forgot about it for

a few days. Let’s talk about a short sale. The bank sells your house for less then it’s

allegedly worth and according to documents I received from Bank of America, “In

SOME cases, does not come after you for the difference.” Some cases? So that

would imply that in MOST cases, they DO come after you for the difference, it’s

called a deficiency! I already knew about this option along with a “Deed In Lieu”

in which you (according to the bank) shake hands with them, and simply sign the

house (that they have NO rights to) back over to them. Supposedly a simple

agreement. Lesson one: Don’t EVER believe ANYTHING a bank tells you and

lesson two: Don’t EVER shake hands with a bankster!!!! A few days after

receiving the “Stop Foreclosure” card in the mail, I remembered it was in the

kitchen drawer and dug it out and carefully read every word. It stated that

“American Home Solutions” would negotiate a short sale with your bank, do all of

the dirty work, and if successful, buy your house at a loss to the bank and you

would receive $2000 - $8000 in relocation expenses. REALLY?? I had my doubts,

but I called them anyway and left a message. A few days later, they called me

back. This phone call was one of the most interesting and relieving phone calls I

have ever had. After they told me what they do in great detail (mentioned above) I

decided to test the waters and I told them what I had been doing - in semi-great

detail. I told them things about banking fraud that most people don’t know, things I

have been sharing with you in this book, and to my surprise, they agreed!

FINALLY, I had found someone who actually knew some of what I know about

the Great Banking Deception! I couldn’t believe it. Up to around this point, most

of my friends and family thought I was crazy, and didn’t believe any of what I had

been telling them about mortgages and bank loans in general. But I never wavered

because I knew the truth and I had been experiencing it firsthand. You just can’t

make this stuff up! Every once in a while, a friend or family member would call

me and say, “Hey, I just saw something on “60 Minutes” about Bank of America

and fraudulent loan practices, etc. and you were right all along!” As gratifying as

that may sound, it made me wonder why they didn’t believe me when I informed

them about it months earlier, but now believed it only because Morley Safer said

so. Morley Safer won’t ever tell you the truth. Oh he’ll tell you some truth, but

never the whole truth because either A. He doesn’t know the whole truth or B. If

he did tell you he’d be found hanging in a hotel room closet somewhere….or

worse. The banks own the government corporation who own the mainstream

media. They’re not going to allow their fraudulent scam to be made public!

Back to American Home Solutions.....I made an appointment with them to stop

over a week later and talk in person. A week later Steve Passmore and one of his

associates stopped by and we had in depth conversation about short sales. They

would do all of the work, take care of negotiating with the bank, everything. They

would even pay for a termite inspection if needed...all at no cost to me. By now,

everything had come into crystal clear focus. Even though I’m 100% right about

all I’ve just told you, the system isn’t going to let me win. It can’t. Because if the

system lets me take my house away from Bank of America free and clear, the cat

will be out of the bag and everyone else gets their house free and clear and the

whole fraudulent system would collapse almost overnight. (If only we could be

that lucky!) This was going to be my last chance to stick it to the bank and come

out in a much better position than being foreclosed on. What most people don’t

understand, or are scared of is the “System” collapsing. As I have stated, the

system is designed to enslave all of us in never ending debt. What you must

realize, is that you can’t be in a more corrupt system then you are now, so the

system collapsing would actually be a great event and we would all be free from

the debt slavery we have been conned into. So Steve sat a small stack of papers on

my kitchen table, and I started doing what I swore I would never do

again.....signing them. A week or two later, a realtor working for the bank stopped

by to take pictures of my house....inside and out. Then Bank of America started it’s

delaying tactics again. After two months, they claimed that the date on one of the

documents I signed was different then all of the other documents I signed and they

closed my file! Steve and his partner stopped by again, and I signed the same stack

of papers again, and again another realtor stopped by and took more pictures of my

house. Once again, are you seeing a pattern here? A few months later, Bank of

America wanted to know where a certain amount of money I was transferring out

my bank account every month was going. Are you serious? Do YOU believe that’s

any of their business?? However, because you have to play by their rules, I

complied. About a month after that, Steve called me and stated that his partner had

pulled out and he would have to change the name of his business that was trying to

buy my house. He told me that he has six different LLC’s (companies) for just this

reason and he would ask Bank of America if he could just change the name of his

business on all of the paperwork. Bank of America closed my file...AGAIN!

By now, I had this strategy down to a science. If Bank of America wanted to keep

delaying (to make us go away) then I would happily do the same. Every day I lived

in that house without making a mortgage payment was a good day. So every time I

was asked for some paperwork, or for a realtor to stop by, I would always put it off

until the next week. We had already lived here for about four years for free; I could

easily make it five! And I had already paid for and filed a “Delay of Sale” with the

court, so if this short sale didn’t go through, I automatically had another six months

to stay here free of charge.

Steve and his partner stopped by for the THIRD time to sign the same stack of

papers again. I asked him why he thought they were doing this to him and he stated

that the banks make more money on a foreclosure then they do on a short sale. If

you’ve ever bought a house with a small or no down payment, the banks force you

to have (pay for) PMI insurance. PMI insurance guarantees the bank that if you

default, and the bank sells your house for less then you owe, the PMI insurance

will pay the bank the deficiency. (YOU paid the deficiency) However, the banks

don’t get the deficiency payment on a short sale! Foreclosure is a multi-billion

dollar a year business and business is GOOD!

Steve also stated that Bank of America had accepted their offer of $79,000.00 on

my house. So let’s back up here....Do you remember when I stated earlier that

when Bank of America finally offered me a loan modification of $130.00 a month,

and I told them to stuff it, they told me (LIED) that the investor, Freddy Mac had

very strict guidelines, and that Bank of America’s hands were tied in the matter.

That was a LIE! They accepted $79,000.00 for a house I paid

$115,000.00 for so do the math and see what that mortgage payment would be. A

hell of a lot less than the $130.00 a month off they offered me. So they lied right to

my face on the phone.....PERIOD! So a week or two later, a very heavy set older

woman from some realty company stopped by to take more pictures (again). She

couldn’t get up my front steps without some help. Really? Don’t realtors have to be

in good enough health to show properties? Walk up and down stairs? Show you

your 30 acres you’re buying? About a week later, I got an email from Steve with

the heading: “Latest Absurdity.” I couldn’t wait to read what he had to say. Steve

said that this newest realtor (referred to as The Fat Lady) gave a value of

$115,000.00 to my property and stated that there was no good reason for a short

sale to occur in my neighborhood. Steve was speechless, and so was I. They had

already accepted Steve’s offer of $79,000.00 and now they wanted 86% - 90% of

$115,000.00. Really? Steve stated that Bank of America also wanted me to dish

out $2800.00 at the closing. He said that he didn’t really know how to proceed with

these assholes other than to keep engaging them to keep my short sale file open.

And to buy me more time. He told them that with all of their delays, and motions I

could file, and my Delay of Sale, that I could easily live here another year free of

charge. That works for me! Seriously, I couldn’t make this stuff up if I tried!

The Closing

Part 9

Before we get into what happened next, I think it’s time you take a good hard look

at your bank. Any bank. The whole financial system we’re under and consider

what I’ve just told you. Do you think your employer actually sends a bag full of

cash to your bank for your direct deposit paycheck? Well they didn’t, they simply

transferred numbers. (Accounting) No money went anywhere. And, until you sign

the back of your paycheck, or withdraw slip, there was no money, as you just

created it with your signature. They advertise how much they care for you and are

here to help you in your financial journey. Let me be very clear here and awaken

you to the facts. They could care less about you, and all they are concerned with is

getting the money you just created/loaned yourself, plus interest to keep their

bloated books balanced. Once the money flow stops (i.e. your monthly mortgage

payment) you’ll find out what kind of snakes you are really in the pit with. They

will put forth all of their effort and spend thousands of dollars on attorneys to kick

you out into the streets. Why, would they do this you ask? Because, there’s another

uninformed couple/family waiting in the wings to “buy” that property and create

another $115,000.00 out of thin air with a stroke of a pen to fatten the bank’s

ledgers. Is your house paid for in full? Do you still think you “own” it? Stop

paying your property taxes and you’ll quickly find out who really owns your

property. They will kick you out and sell your property for the “TAX” debt you

allegedly owe. Take a good long hard look at your deed....you are listed as a

“TENANT.” You never owned your property and under our current “debt slavery”

system, you never will. Now that we’re clear on this, let’s move on to the closing

shall we? So, out of the blue a few weeks after “The Fat Lady” ordeal, Steve sends

me an email stating “We’re Approved!” Out of absolutely nowhere, Bank of

America approved the earlier $79,000.00 offer as if “The Fat Lady” never even

happened. By now, can you take an educated guess as to why Bank of America

would do such a thing? Read the last few sentences of Chapter 8 again. I could

probably live there another year for free. Bank of America now knew that I knew

exactly how the system works and that I could play this game with them

indefinitely. And that was exactly what I was intending to do. By now, they knew

they were dealing with someone they didn’t want to be dealing with any more.

Their lawyer fees were rising and their lawyers were quitting every 12 months

because of my tactics against them, and/or they weren’t getting paid. Let me tell

you something about lawyers. They work for “The Money.” They don’t give a shit

about you or what rights you may arrogantly think you have (which you don’t),

they only care about the money. Go try and find a “Foreclosure Defense Lawyer”

in your state. Chances are you won’t find one because they are all bought and paid

for just like the so called “Judges” and our “Contract Law” court system. And even

if you somehow did find one, you probably couldn’t afford to pay him because you

are a “debt slave.” That’s why they go where the money is....the banks, insurance

companies and big corporations. They all seemingly have bottomless pockets and

have no problem keeping these parasite lawyers on “Retainer!” They get a big fat

paycheck every month whether they do anything for the bank or not. Damn.....what

a job!

I filed a paper with the court stating that Bank of America had agreed to the short

sale and gave them the closing date and a copy of some papers Steve had given me

showing the agreement. I also sent a copy of this to Bank of America’s counsel.

About a week later, I received a copy of a letter the bank’s lawyers had filed with

the court saying the bank had chosen an alternative to the foreclosure motion and

no further court action was necessary, and that their fees would be paid by Bank of

America. Case closed….GAME OVER!

The closing date on the “short sale” of my property was 10/21/2014. We have

since moved into a rental property that Steve owns that became vacant within

weeks of us needing to move out of our old house. As far as my battle with Bank

of America went, they took an alleged loss of $50,000.00 in missed house

payments, attorney’s fees and other non-existent charges. And they accepted

$79,000.00 for and alleged $115,000.00 house. Not too bad for my first fight with

the BIG BANK! In reality, they lost nothing, and received three years of house

payments plus interest on a loan they never made. That, folks is the banking reality

you and I live in. The central banks own everything from your property, your

children (via their birth certificate) and our corporate government. And until the

day you all wake up, and demand to take your country back from the central

bankers, that’s the way it will be. Your children and their children are already tens

of trillions of dollars in imaginary debt to these parasites. Did you agree to that?

Did you even know about it before it happened? And most importantly, what are

you going to do about it? You all have a voice......you need to use it.

Testimony of a Banker

Part 10

Testimony of a banker

The banker was placed on the witness stand and sworn in. The plaintiff’s (borrower’s)

attorney asked the banker the routine questions concerning the banker’s education and

background.

The attorney asked the banker, “What is court exhibit A?”

The banker responded by saying, “This is a promissory note.”

The attorney then asked, “Is there an agreement between Mr. Smith (borrower) and the

defendant?”

The banker said, “Yes.”

The attorney asked, “Do you believe the agreement includes a lender and a borrower?”

The banker responded by saying, “Yes, I am the lender and Mr. Smith is the borrower.”

The attorney asked, “What do you believe the agreement is?”

The banker quickly responded, saying, ” We have the borrower sign the note and we give

the borrower a check.”

The attorney asked, “Does this agreement show the words borrower, lender, loan, interest,

credit, or money within the agreement?”

The banker responded by saying, “Sure it does.”

The attorney asked, `”According to your knowledge, who was to loan what to whom

according to the written agreement?”

The banker responded by saying, “The lender loaned the borrower a $200,000 check. The

borrower got the money and the house and has not repaid the money.”

The attorney noted that the banker never said that the bank received the promissory note

as a loan from the borrower to the bank. She asked, “Do you believe an ordinary person

can use ordinary terms and understand this written agreement?”

The banker said, “Yes.”

The attorney asked, “Do you believe you or your company legally own the promissory

note and have the right to enforce payment from the borrower?”

The banker said, “Absolutely we own it and legally have the right to collect the money.”

The attorney asked, “Does the $200,000 note have actual cash value of $200,000? Actual

cash value means the promissory note can be sold for $200,000 cash in the ordinary

course of business.”

The banker said, “Yes.”

The attorney asked, “According to your understanding of the alleged agreement, how

much actual cash value must the bank loan to the borrower in order for the bank to legally

fulfil the agreement and legally own the promissory note?”

The banker said, “$200,000.”

The attorney asked, “According to your belief, if the borrower signs the promissory note

and the bank refuses to loan the borrower $200,000 actual cash value, would the bank or

borrower own the promissory note?”

The banker said, “The borrower would own it if the bank did not loan the money. The

bank gave the borrower a check and that is how the borrower financed the purchase of the

house.”

The attorney asked, “Do you believe that the borrower agreed to provide the bank with

$200,000 of actual cash value which was used to fund the $200,000 bank loan check back

to the same borrower, and then agreed to pay the bank back $200,000 plus interest?”

The banker said, “No. If the borrower provided the $200,000 to fund the check, there was

no money loaned by the bank so the bank could not charge interest on money it never

loaned.”

The attorney asked, “If this happened, in your opinion would the bank legally own the

promissory note and be able to force Mr. Smith to pay the bank interest and principal

payments?”

The banker said, “I am not a lawyer so I cannot answer legal questions.”

The attorney asked, ” Is it bank policy that when a borrower receives a $200,000 bank

loan, the bank receives $200,000 actual cash value from the borrower, that this gives

value to a $200,000 bank loan check, and this check is returned to the borrower as a bank

loan which the borrower must repay?”

The banker said, “I do not know the bookkeeping entries.”

The attorney said, “I am asking you if this is the policy.”

The banker responded, “I do not recall.”

The attorney again asked, “Do you believe the agreement between Mr. Smith and the

bank is that Mr. Smith provides the bank with actual cash value of $200,000 which is

used to fund a $200,000 bank loan check back to himself which he is then required to

repay plus interest back to the same bank?”

The banker said, ” I am not a lawyer.”

The attorney said, “Did you not say earlier that an ordinary person can use ordinary terms

and understand this written agreement?”

The banker said, “Yes.”

The attorney handed the bank loan agreement marked “Exhibit B” to the banker. He said,

“Is there anything in this agreement showing the borrower had knowledge or showing

where the borrower gave the bank authorization or permission for the bank to receive

$200,000 actual cash value from him and to use this to fund the $200,000 bank loan

check which obligates him to give the bank back $200,000 plus interest?”

The banker said, “No.”

The lawyer asked, “If the borrower provided the bank with actual cash value of $200,000

which the bank used to fund the $200,000 check and returned the check back to the

alleged borrower as a bank loan check, in your opinion, did the bank loan $200,000 to the

borrower?”

The banker said, “No.”

The attorney asked, “If a bank customer provides actual cash value of $200,000 to the

bank and the bank returns $200,000 actual cash value back to the same customer, is this a

swap or exchange of $200,000 for $200,000.”

The banker replied, “Yes.”

The attorney asked, “Did the agreement call for an exchange of $200,000 swapped for

$200,000, or did it call for a $200,000 loan?”

The banker said, “A $200,000 loan.”

The attorney asked, “Is the bank to follow the Federal Reserve Bank policies and

procedures when banks grant loans.”

The banker said, “Yes.”

The attorney asked, “What are the standard bank bookkeeping entries for granting loans

according to the Federal Reserve Bank policies and procedures?” The attorney handed the

banker FED publication Modern Money Mechanics, marked “Exhibit C”.

The banker said, “The promissory note is recorded as a bank asset and a new matching

deposit (liability) is created. Then we issue a check from the new deposit back to the

borrower.”

The attorney asked, “Is this not a swap or exchange of $200,000 for $200,000?”

The banker said, “This is the standard way to do it.” The attorney said, “Answer the

question. Is it a swap or exchange of $200,000 actual cash value for $200,000 actual cash

value? If the note funded the check, must they not both have equal value?”

The banker then pleaded the Fifth Amendment.

The attorney asked, “If the bank’s deposits (liabilities) increase, do the bank’s assets

increase by an asset that has actual cash value?”

The banker said, “Yes.”

The attorney asked, “Is there any exception?”

The banker said, “Not that I know of.”

The attorney asked, “If the bank records a new deposit and records an asset on the bank’s

books having actual cash value, would the actual cash value always come from a

customer of the bank or an investor or a lender to the bank?”

The banker thought for a moment and said, “Yes.”

The attorney asked, “Is it the bank policy to record the promissory note as a bank asset

offset by a new liability?”

The banker said, “Yes.”

The attorney said, “Does the promissory note have actual cash value equal to the amount

of the bank loan check?”

The banker said “Yes.”

The attorney asked, “Does this bookkeeping entry prove that the borrower provided actual

cash value to fund the bank loan check?”

The banker said, “Yes, the bank president told us to do it this way.”

The attorney asked, “How much actual cash value did the bank loan to obtain the

promissory note?”

The banker said, “Nothing.”

The attorney asked, “How much actual cash value did the bank receive from the

borrower?”

The banker said, “$200,000.”

The attorney said, “Is it true you received $200,000 actual cash value from the borrower,

plus monthly payments and then you foreclosed and never invested one cent of legal

tender or other depositors’ money to obtain the promissory note in the first place? Is it

true that the borrower financed the whole transaction?”

The banker said, “Yes.”

The attorney asked, “Are you telling me the borrower agreed to give the bank $200,000

actual cash value for free and that the banker returned the actual cash value back to the

same person as a bank loan?”

The banker said, “I was not there when the borrower agreed to the loan.”

The attorney asked, “Do the standard FED publications show the bank receives actual

cash value from the borrower for free and that the bank returns it back to the borrower as

a bank loan?”

The banker said, “Yes.”

The attorney said, “Do you believe the bank does this without the borrower’s knowledge

or written permission or authorization?”

The banker said, “No.”

The attorney asked, “To the best of your knowledge, is there written permission or

authorization for the bank to transfer $200,000 of actual cash value from the borrower to

the bank and for the bank to keep it for free?

The banker said, “No.”

The attorney said, Does this allow the bank to use this $200,000 actual cash value to fund

the $200,000 bank loan check back to the same borrower, forcing the borrower to pay the

bank $200,000 plus interest? “

The banker said, “Yes.”

The attorney said, “If the bank transferred $200,000 actual cash value from the borrower

to the bank, in this part of the transaction, did the bank loan anything of value to the

borrower?”

The banker said, “No.” He knew that one must first deposit something having actual cash

value (cash, check, or promissory note) to fund a check.

The attorney asked, “Is it the bank policy to first transfer the actual cash value from the

alleged borrower to the lender for the amount of the alleged loan?”

The banker said, “Yes.”

The attorney asked, “Does the bank pay IRS tax on the actual cash value transferred from

the alleged borrower to the bank?”

The banker answered, “No, because the actual cash value transferred shows up like a loan

from the borrower to the bank, or a deposit which is the same thing, so it is not taxable.”

The attorney asked, “If a loan is forgiven, is it taxable?”

The banker agreed by saying, “Yes.”

The attorney asked, “Is it the bank policy to not return the actual cash value that they

received from the alleged borrower unless it is returned as a loan from the bank to the

alleged borrower?”

The banker replied “Yes”.

The attorney said, “You never pay taxes on the actual cash value you receive from the

alleged borrower and keep as the bank’s property?”

“No. No tax is paid.”, said the crying banker.

The attorney asked, “When the lender receives the actual cash value from the alleged

borrower, does the bank claim that it then owns it and that it is the property of the lender,

without the bank loaning or risking one cent of legal tender or other depositors’ money?”

The banker said, “Yes.”

The attorney asked, “Are you telling me the bank policy is that the bank owns the

promissory note (actual cash value) without loaning one cent of other depositors’ money

or legal tender, that the alleged borrower is the one who provided the funds deposited to

fund the bank loan check, and that the bank gets funds from the alleged borrower for free?

Is the money then returned back to the same person as a loan which the alleged borrower

repays when the bank never gave up any money to obtain the promissory note?

Am I hearing this right? I give you the equivalent of $200,000, you return the funds back

to me, and I have to repay you $200,000 plus interest? Do you think I am stupid?”

The banker, In a shaking voice the banker cried, saying, “All the banks are doing this.

Congress allows this.”

The attorney quickly responded, “Does Congress allow the banks to breach written

agreements, use false and misleading advertising, act without written permission,

authorization, and without the alleged borrower’s knowledge to transfer actual cash value

from the alleged borrower to the bank and then return it back as a loan?”

The banker said, “But the borrower got a check and the house.”

The attorney said, “Is it true that the actual cash value that was used to fund the bank loan

check came directly from the borrower and that the bank received the funds from the

alleged borrower for free?”

The banker, “It is true”, said the banker.

The attorney asked, “Is it the bank’s policy to transfer actual cash value from the alleged

borrower to the bank and then to keep the funds as the bank’s property, which they loan

out as bank loans?”

The banker, showing a wince of regret that he had been caught, confessed, “Yes.”

The attorney asked, “Was it the bank’s intent to receive actual cash value from the

borrower and return the value of the funds back to the borrower as a loan?”

The banker said, “Yes.” He knew he had to say yes because of the bank policy.

The attorney asked, “Do you believe that it was the borrower’s intent to fund his own

bank loan check?”

The banker answered, “I was not there at the time and I cannot know what went through

the borrower’s mind.”

The attorney asked, “If a lender loaned a borrower $10,000 and the borrower refused to

repay the money, do you believe the lender is damaged?”

The banker thought. If he said no, it would imply that the borrower does not have to

repay. If he said yes, it would imply that the borrower is damaged for the loan to the bank

of which the bank never repaid. The banker answered, “If a loan is not repaid, the lender

is damaged.”

The attorney asked, “Is it the bank policy to take actual cash value from the borrower, use

it to fund the bank loan check, and never return the actual cash value to the borrower?”

The banker said, “The bank returns the funds.”

The attorney asked, “Was the actual cash value the bank received from the alleged

borrower returned as a return of the money the bank took or was it returned as a bank loan

to the borrower?”

The banker said, “As a loan.”

The attorney asked, “How did the bank get the borrower’s money for free?”

The banker said, “That is how it works.”

. . . And so it is!

” You don’t get a mathematically Perfected Economy™ from a snake oil salesmen you

get division. “

Source:

Modern Money Mechanics, A Workbook on Bank Reserves and Deposit Expansion, by

the Federal Reserve Bank of Chicago ( see Page 6, Paragraph 6 )

” What they do when they * banks/money changers * make alleged loans is to accept

promissory notes or the “ alleged borrower’s ” promissory note in exchange for credits to

the alleged borrower’s transaction account (s). Alleged loans / assets and deposits /

liabilities both rise by the amount of the alleged loan. “

CONCLUSION;

One could argue the only consideration the bank risks is the mere cost of publication,

which is the mere cost to publish a further representation, ( bank money or credit ) , that

evidences the former issuance of one of our promissory obligations or notes, which

would, then, amount to about $2 to publish $200,000 the obligor, or the alleged borrower

creates by their signature issuing a promissory obligation, before the banks book entry ,

Where they, the "banks, money changers" give up no consideration commensurable, or

equal, to the debt they unjustly falsify to themselves , however the local bank uses the

alleged borrowers credit worthiness or the only lawful consideration given up by the

obligor, which is the alleged borrowers promissory note to , then,

Borrow money from a central bank who in turn then publishes a further representation,

which is a purposed misrepresentation of the former contractual obligation, or

misrepresentation of the obligors issuance of a promissory note so as to then allegedly

loan a further representation or a misrepresentation , ( bank money , credit ) to the alleged

borrower.

The $2 the bank may give up is redeemed in a fraction of the first loan repayment by the

alleged borrower.

The interest the central bank charges to the local bank, ( using the obligor’s or alleged

borrowers consideration to publish the bank money ), is always lower than what the local

bank charges on an alleged loan to the obligor, or alleged borrower, thus, the difference in

interest rates is the local banks unearned profit , or unjust reward for stealing, &

laundering circulation, ( principal & interest ), into the hands of the central banking

system .

Both the central bank, & the local banks risk nothing of their own really, the local banks

always use “ the alleged borrowers consideration or our promissory notes, promissory

obligation ”. (Not their own consideration), to borrow money that we the people always

create upon conception.

No new money ever comes into existence, not until, one of us issues a promissory

obligation first , thus the bank money, or ANY representation did not even exist, not until

an alleged borrower walks into a bank , ( money laundering office ) ,& signs a promissory

obligation FIRST.

Source:

https://australia4mpe.wordpress.com/category/testimony-of-a-banker-about-a-foreclosure/

______________________________________________________________________________

Quotes and Links

Part 10

Have you ever stopped to think…..

That we humans are the ONLY species on earth that HAVE to PAY to LIVE here?

All other species on this planet are born free, live free, and die free.

Not Us! - DL

QUOTES

The actual process of money creation takes place primarily in banks ... bankers

discovered that they could make loans merely by giving their promise to pay, or

bank notes, to borrowers. In this way banks began to create money. Transaction

deposits are the modern counterpart of bank notes. It was a small step from

printing notes to making book entries crediting deposits of borrowers, which the

borrowers in turn could ‘spend’ by writing checks, thereby ‘printing’ their own

money. – Modern Money Mechanics, Federal

Reserve Bank of Chicago

The Illuminati bankers rule the world through debt, which is money they create out

of nothing. They need world government to ensure no country defaults or tries to

overthrow them. As long as private bankers, instead of governments, create money

the human race is doomed. These bankers and their allies have bought everything

and everyone. – Henry Makow

The Government should create, issue, and circulate all the currency and credits

needed to satisfy the spending power of the Government and the buying power of

consumers. By the adoption of these principles, the taxpayers will be saved

immense sums of interest. Money will cease to be master and become the servant of

humanity. – Abraham Lincoln

I have unwittingly ruined my country. – W. Wilson, upon passage of Federal

Reserve Act, 1913

It (the Great Depression) was not accidental; it was a carefully contrived

occurrence. The international Bankers sought to bring about a condition of

despair here so that they might emerge as rulers of us all. – Louis McFadden

History records that the money changers have used every form of abuse, intrigue,

deceit, and violent means possible to maintain their control over governments by

controlling the money and its issuance. – James Madison

The issue which has swept down the centuries and which will have to be fought

sooner or later is the People vs. The Banks. – Lord Acton, Lord Chief Justice of

England, 1875

LINKS

The Act of 1871 that turned the United States into a CORPORATION:

http://www.serendipity.li/jsmill/us_corporation.htm

http://www.abodia.com/2/United-States-is-a-corporation.htm

http://www.rense.com/general82/one.htm

The Bankruptcy of the UNITED STATES CORPORATION:

http://anticorruptionsociety.com/the-bankruptcy-of-america-1933/

http://expose1933.weebly.com/1-us-1933-bankruptcy.html

http://usa-the-republic.com/revenue/true_history/Chap8.html

http://www.halexandria.org/dward282.htm

The Uniform Commercial Code (UCC) and how it took over the world

http://sitsshow.blogspot.com/2013/07/the-ucc-connection-how-uniform.html

No Lawful Money

http://sitsshow.blogspot.com/2013/08/federal-reserve-act-remedy-no-lawful.html

Suggested Reading

HOW I CLOBBERED EVERY BUREAUCRATIC CASH-CONFISCATORY

AGENCY KNOWN TO MAN

http://thecrowhouse.com/Documents/mary-book.pdf

The Great American Adventure - Judge Dale (Retired)

http://www.scribd.com/doc/139773740/Judge-Dale-the-Great-American-

Adventure-Secrets-of-America