MAKE IT ILLEGAL FOR A BANK OR LENDING INSTITUTION TO ATTEMPT TO LEND MONEY THEY DON’T HAVE!...AND PUNISH THOSE THAT ATTEMPT TO CIRCUMVENT THE LAW WITH FINES, IMPRISONMENT, AND A SHUTTERING OF THEIR BUSINESSES!
IT’S A VERY SIMPLE AND HONEST CONCEPT!
Lending/credit is a game...no money exchanges hands....Banks/lending institutions basically shuffle numbers NOT MONEY...they "cook the books"....and they GAMBLE on the success AND failures of the borrowers ability to repay the loan....
It USED to be a pretty good gamble for them because they will take/seize their pound of flesh (collateral) from people who can't repay...
The housing collapse made everyone say WTF?....WHY?....Because what was once considered “sound” collateral...turned into "toxic assets"...or that's what they (the lending institutions) wanted you to believe....where are all those toxic assets?...supposedly only worth a few pennies on the dollar?....try finding them....it's a shell game being played by banks and wall street...pennies on the dollar means a $500K house is worth 10K....Find one...I defy you....THIS MONEY CRUNCH ECONOMY IS A SCAM! Created by wall street and banking to squeeze the last drops of blood out of (in most cases) honest people....
Is it any wonder why we're seeing more desperate acts by desperate people...resorting to violence and destruction....because they feel they've been crapped on...and when they asked for help...but no body's listening...or they get scammed again by the very same people who put them in this position. Their houses/nest eggs/ “investments” taken in the scam.
I fear for the future of this country....those desperate souls who have been crapped on....and have reached their breaking point...will be the very ones out in the streets of insurrection....looking for blood and revenge on those that have taken everything they possess!
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