Declare your independence this New Year by
NOT PAYING YOUR MORTGAGE
For months, as I’ve listened to the terrible financial news all around us, I’ve been asking myself, “How long are we going to allow ourselves to be screwed? How long are we going to let the banks, the insurance companies, and the multi-billion dollar international corporations screw us before we do something about it? How long will we put up with it before we revolt?"
Our elected politicians have made it clear they aren’t going to do anything to help us. They’re in bed with the crooks. They’re too busy helping their rich, well-connected friends get even richer; to be sure they get the campaign contributions they need to fund their next re-election campaign.
The banks screwed so many people with their mortgage scam they almost went bust themselves. The people responsible for committing the biggest financial fraud in American history were given $780 billion OF OUR MONEY, interest free, so they wouldn’t go bankrupt from their own fraud. Yet, not a single banker has been charged with a crime in this entire mess, not a single one.
This TARP money was supposed to help get the financial markets flowing again, and free up lending to small businesses and homeowners. But it didn’t. You know why? This money was given to the banks with NO STRINGS ATTACHED. They were allowed to sit on it, just keep the money for themselves! They bought back shares, bought other banks, and gave out multi-million dollar bonuses to the crooks who led the mortgage scam.
The bankers then tightened the noose around the necks of the homeowners who were the victims of their original scam, and victimized them again by stealing their houses by the MILLIONS, through foreclosure. They’ve taken back over 2 million homes from people like you and me who they were supposed to be helping. The banks have already been caught red-handed lying and cheating during their foreclosures by filing fraudulent, forged documents with the courts.
What a scam! Fraudulently inflate the value of the house, lend people money based on that fraudulent value, keep all the money these people have paid towards owning their homes, then take the house back and sell it all over again.
How long will we put up with this before we revolt?
For the revolution I’m talking about we don’t need guns or planes or violence. We just need to stand together and show the banks WE’RE NOT GOING TO TAKE IT ANY MORE. We have to revolt against this oppressive, unfair financial system by NOT PAYING YOUR MORTGAGE.
Write the president of your bank. Demand that they write down your mortgage principal to the current fair value of your property and lower your mortgage payment correspondingly. Tell them if they don’t rewrite your mortgage you can’t continue to make payments on your loan. Tell them they have until December 30th and then you will stop paying your mortgage. THEN DO IT! DON’T MAKE YOUR JANUARY MORTGAGE PAYMENT!
Yes, the banks will have to take some losses. But why should they be exempt from feeling any of the pain of the financial crisis THEY CREATED? I’m feeling it, you’re feeling it. Why shouldn’t the banks feel it?
Lets take a few months to organize and spread the word, DON’T MAKE YOUR JANUARY MORTGAGE PAYMENT unless the bank rewrites your mortgage down to the current fair value of your property.
Imagine the message you and I can send the banks when MILLIONS OF US write to the bank president. Imagine the message you and I can send the banks when MILLIONS OF US DON’T PAY THE JANUARY MORTGAGE payment, or the February payment, or the March payment. I'm betting they'll listen to reason then.
We can stand by and do nothing, allow the banks to continue to pick off struggling homeowners, one at a time, and continue the financial horror show decimating our country. Or, we can stand together, united in our demand that the banks share the financial pain we’re all feeling. Let’s declare our independence this New Year by NOT PAYING THE MORTGAGE.
Our elected politicians have made it clear they aren’t going to do anything to help us. They’re in bed with the crooks. They’re too busy helping their rich, well-connected friends get even richer; to be sure they get the campaign contributions they need to fund their next re-election campaign.
The banks screwed so many people with their mortgage scam they almost went bust themselves. The people responsible for committing the biggest financial fraud in American history were given $780 billion OF OUR MONEY, interest free, so they wouldn’t go bankrupt from their own fraud. Yet, not a single banker has been charged with a crime in this entire mess, not a single one.
This TARP money was supposed to help get the financial markets flowing again, and free up lending to small businesses and homeowners. But it didn’t. You know why? This money was given to the banks with NO STRINGS ATTACHED. They were allowed to sit on it, just keep the money for themselves! They bought back shares, bought other banks, and gave out multi-million dollar bonuses to the crooks who led the mortgage scam.
The bankers then tightened the noose around the necks of the homeowners who were the victims of their original scam, and victimized them again by stealing their houses by the MILLIONS, through foreclosure. They’ve taken back over 2 million homes from people like you and me who they were supposed to be helping. The banks have already been caught red-handed lying and cheating during their foreclosures by filing fraudulent, forged documents with the courts.
What a scam! Fraudulently inflate the value of the house, lend people money based on that fraudulent value, keep all the money these people have paid towards owning their homes, then take the house back and sell it all over again.
How long will we put up with this before we revolt?
For the revolution I’m talking about we don’t need guns or planes or violence. We just need to stand together and show the banks WE’RE NOT GOING TO TAKE IT ANY MORE. We have to revolt against this oppressive, unfair financial system by NOT PAYING YOUR MORTGAGE.
Write the president of your bank. Demand that they write down your mortgage principal to the current fair value of your property and lower your mortgage payment correspondingly. Tell them if they don’t rewrite your mortgage you can’t continue to make payments on your loan. Tell them they have until December 30th and then you will stop paying your mortgage. THEN DO IT! DON’T MAKE YOUR JANUARY MORTGAGE PAYMENT!
Yes, the banks will have to take some losses. But why should they be exempt from feeling any of the pain of the financial crisis THEY CREATED? I’m feeling it, you’re feeling it. Why shouldn’t the banks feel it?
Lets take a few months to organize and spread the word, DON’T MAKE YOUR JANUARY MORTGAGE PAYMENT unless the bank rewrites your mortgage down to the current fair value of your property.
Imagine the message you and I can send the banks when MILLIONS OF US write to the bank president. Imagine the message you and I can send the banks when MILLIONS OF US DON’T PAY THE JANUARY MORTGAGE payment, or the February payment, or the March payment. I'm betting they'll listen to reason then.
We can stand by and do nothing, allow the banks to continue to pick off struggling homeowners, one at a time, and continue the financial horror show decimating our country. Or, we can stand together, united in our demand that the banks share the financial pain we’re all feeling. Let’s declare our independence this New Year by NOT PAYING THE MORTGAGE.