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Old 09-14-2008, 11:48 AM   #1
punter2003
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Default the us goverment owns your house.

Thoughts please on the us goverment buying the two biggest mortgage companies in the us. Do they own 80% of all us mortgages in the us? If they were to call in all debts, ( and lets be honest they have the resources to COLLECT ) would this put the majority of the population as putty in there hands, free to impose any wish or whim they so desire. The uk goverment could only dream of such a beneficial scenario. Im interested in the ideas of where it is all going by someone with more knowledge than me on this subject.
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Old 09-14-2008, 12:24 PM   #2
Mike_Jetson
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Default Re: the us goverment owns your house.

Its more like 50 percent I believe and the US government wont be the ones to call in any debt in relation to the mortgages.

Here in the UK when the government took over Northern Rock, technically people who cant pay are getting repossessed by the government. Thats usually because people came to the end of their fixed rate deal and found either the rates had gone up and/or they couldnt remortgage as there were no more high risk products available. So they started paying standard variable rate, often around 1.5-2.00 % more than their fixed deal.

Its just over 5 trillion worth of mortages so about 50 percent of the US market.
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Old 09-14-2008, 02:00 PM   #3
Rocky_Shorz
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Default Re: the us goverment owns your house.

well the alternative was to have foreigners come in and buy up the loans, I think it was a good move to keep America owned by America.

These are the assets that will allow a new currency to be created...
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Old 09-14-2008, 02:15 PM   #4
Ceara
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Default Re: the us goverment owns your house.

Research Maritime/Admiralty Law. Then you'll understand just how much they think they "own." At least on paper.
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Old 09-14-2008, 03:33 PM   #5
OceanWinds
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Default Re: the us goverment owns your house.

they have always owned your house... dont pay your taxes for a year and see what happens
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Old 09-14-2008, 03:49 PM   #6
rustanddust
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Default Re: the us goverment owns your house.

I don't know if this relates but I remember reading somewhere that just capitalizing the first letters of your full name is one thing, capitalizing all the letters of your last is another and full capitalization of your whole name means you are the property of the government or something? as in-->

John Doe
John DOE
JOHN DOE

every letter is capitalized in our passports and drivers licenses....
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Old 09-14-2008, 09:29 PM   #7
Zarathustra
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Default Re: the us goverment owns your house.

Quote:
Originally Posted by Rocky_Shorz View Post
well the alternative was to have foreigners come in and buy up the loans, I think it was a good move to keep America owned by America.

These are the assets that will allow a new currency to be created...
Rocky,

You have to understand that the one of the prime motivations behind the Fannie and Freddie buyout was the massive amount of their securitized debt held by China, Russia, Saudi Arabia, et al... (see Questiny's posts on this subject in the current events section). You see, a significant portion of that debt is OWNED by foreign countries.

I can see the phone call to Paulson by a representative of the Chinese gov. -

"You had better damn well guarantee that debt or every dollar denominated piece of paper we own will be dumped on the open market within 24 hrs."

Paulson "Yes sir"

That our government allowed this situation to occur is beyond incompetent, it is criminal and traitorous. If the American people, en mass, trully understood how their country has been financially destroyed, intentionally at that, there would be blood flowing in Wall Street, just as there was when slaves were traded there (Wall street got its name from slaves being lined up along walls for sale).

Don't be fooled by Paulson, Bernanke, and their criminal friends when they tell you that these buyouts were "for the good of the American people", for they are not!

They benefit their criminal friends and the foreign countries they have allowed through their traitorous negligence to own a signifigant portion of this nation's financial infrastructure.
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Old 09-14-2008, 10:19 PM   #8
Citizen Zeitgeist
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Default Re: the us goverment owns your house.

Whether you are in arrears or paid up to date, it certainly will not do any harm to do the folowing. Write a letter to your mortgage company asking these questions:

Can they provide a legally enforcable contract signed by both the lender and the borrower?

Can they provide proof of their consideration?

Was the fractional reserve lending system applied to the account without your knowledge?

Like all bank loans, mortgages are electronic credit transfers which the lenders charge vast amounts of interest on, then lend at least nine times the amount to other borrowers. Since this fact is never disclosed by the lender, even if they can provide an enforcable contract and proof that they really did lend you the money, the contract is invalidated under Commercial Law.

Mary Crofts book is an enlightening read:

http://www.spiritualeconomicsnow.net...s/How_I_06.pdf

Peace, freedom, love and light,

Z
http://www.freetheplanet.info
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Old 09-14-2008, 10:36 PM   #9
Pithiny
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Default Re: the us goverment owns your house.

I work in the Real Estate industry in Washington State. Before that I dabbled in Eminent Domain issues in Nevada.

I can tell you 100% with no reservation that you are a TENANT of the land you think you own.

READ YOUR DEED, it plainly states you are a tenant.


The good news is that the Powers That Be still must go through proper channels to "Evict" you from your land. You are under contract via your mortgage and prompt payment of property taxes, and thus safe unless the government decides it WANTS your specific parcel, in which case the PTB will use Eminent Domain law to evict you. In that case, you are royally screwed. They are forced to "compensate" you, but landowners never get what they would on the open market.

Eminent Domain
http://en.wikipedia.org/wiki/Eminent_domain

Granted, they are only "supposed to" use Eminent Domain for:

Quote:
..."The most common uses of property taken by eminent domain are for public utilities, highways, and railroads. Some states require that the government body offer to purchase the property before resorting to the use of eminent domain..."
...but that is not the case in Eminent Domain cases I observed. I worked for an attorney that represented the victims of Eminent Domain, where the above guidelines were not observed. When Eminent Domain is used unlawfully, you still have to move, you just spend YEARS in court trying to right a wrong. Most people just take their lumps and move on. That's what they count on. When a case is lost by the government it has been so long since the event, the victory is hollow and the victims have been further traumatized by years of postponements, lies, and misrepresentations as to land use, lost papertrails, etc..

REFERENCE this, I was on the fringe of this case:

"Mrs. Pappas, you've had your property long enough. It's time to give it up!"
http://www.stevemiller4lasvegas.com/Seizure.htm
Carol owned a piece of valuable land in a prime area of Las Vegas. The city said it wanted to use it for a parking lot, she did not want to sell so they used Eminent Domain and took it from her. Later, a CASINO went in the place that was supposed to be a parking lot. - SO you see, it matters not what the law is or the truth is, these MFers simply do what they want, and say SUE US.

Las Vegas Downtown Redev. Agency v. Pappas, 76 P.3d 1 (Nev. 2003)
http://nevadalawjournal.org/pdf/lasvegasVsPappas.pdf

Carol Pappas won her case, thanks to my boss, but it took years, and Carol still LOST HER PROPERTY. It was literally snatched, stolen from right underneath her. All my boss could to was to get her fair market value, attorneys fees, relocation, etc.

Edit: On second thought, Carol cleaned house. She won Big.

Last edited by Pithiny; 09-15-2008 at 05:25 AM.
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Old 09-14-2008, 10:59 PM   #10
Phtha
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Default Re: the us goverment owns your house.

Quote:
Originally Posted by rustanddust View Post
I don't know if this relates but I remember reading somewhere that just capitalizing the first letters of your full name is one thing, capitalizing all the letters of your last is another and full capitalization of your whole name means you are the property of the government or something? as in-->

John Doe
John DOE
JOHN DOE

every letter is capitalized in our passports and drivers licenses....
Jordan Maxwell brought this up in one of his speeches. He stated it was from old Roman law if I remember right. I haven't looked into the source yet.
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