Posted from: http://removingtheshackles.blogspot.com/2013/02/wheres-money.html
This was emailed to me this morning by a friend of mine. Unfortunately there was no link to the original article nor a date. If anyone knows this information please let me know so that I can add it to the article here.
…. just a reminder of how unbelievably corrupt the banking system really is. Not that you guys need that reminder, but I thought it might be a great piece of the puzzle to give to those people who do not yet understand the corruption and illegal nature of the Banking mortgage system.
Edited 02/25/2013 10:52am est to add:
original article link: http://nesaranews.blogspot.ca/2013/02/wheres-money.html
The being informed is the core issue and how silly we all are not to think for
ourselves. Trust the media or government actors now have a whole new meaning.
per mortgage times 70 million homes.
the homeowners of America?
or is it created by the banks?
we the American homeowner have possession!!!!!
Not codified in law or a maxim of law, just an urban legend.
Restated: In a property dispute (whether real or personal), in the absence of clear and
compelling testimony or documentation to the contrary, the person in actual possession of
the property is presumed to be the rightful owner. (Check Wikipedia).
fee simple ownership in our names.!!!!
All of our labor is what backs the private money issued by the Federal Reserve,
bank credit.
The bank exchanged the deed and possession of the house for the promissory note.
A simple exchange, an executed complete contract, paid and complete and closed
by Operation of Law. At that point you have a valid contract with consideration
and exchange of valuable property.
and the Deed of Trust. This is a single unit of contract.
The Deed of Trust references the loan received and its note, as a single unit.
When the bank separates its own contracted position splitting the note from the
Deed of Trust, it destroys its own contract.
Thus, Carpenter v. Longan, 83 US 271 controls. There is no available position
for the bank or those it sold pieced of its contract to, such as securities investors
that could state a claim because there is no valid contract after splitting.
promissory note sold into the open market. Remember, the law says any note
with a maturation date greater than 9 months is a security instrument.
70% of these securities are guaranteed or backed by Fannie Mae or Freddie Mac,
or FHA, government-sponsored enterprises.
These GSE’s are now in receivership, insolvent, under Federal Housing Finance
Agency, an alleged conservator over the BAIL OUT.
“Is the bank paid back at that time, when they received the payment for the security?”
“And, could the bank sell securities that have no value?”
Funny how that pesky promissory note has value to the securities buyers, but not
to the bank at the exchange. HOW DOES THAT WORK???????????
claim against our homes. Why?
Because they are the only ones with value in the transaction along with us.
The banks have no value in the transaction, they are simply a transfer agent
in an exchange.
the note and Deed of Trust issuer must be advised that the instruments issued
will be used as securities. No notice, no value later!
It would appear that after the splitting of the note and Deed of Trust and the
securities’ violations that the Promissory Note and Deed of Trust would revert
to chattel property status.
This means a demand for return might expose “Where’s the Money?”.
the bank proceeds against the homeowner for payments for 20+ years.
in America. The other 75% is tied up through commercial property, agriculture,
and raw material properties.
rate of $2000 a month for all of these properties were looking at over $100 trillion
dollars in value.
alleged loan, funds such as depositors or investors funds, disclose the history
of these funds, and the true ownership, along with a transfer document proving
they release their ownership of their property, the trillions of whatever, then the
banks have no interest in our properties.
Careful, don’t go into shock!
invasion of executed contract.
question, “Where is the Money?”
This added proposal should be passed around for discussion
so we can decide together what to do with it.
Now, here is the question we should all be asking ourselves;
“Do we want to change the debt slavery system to a monetary
system, “a money system”, and get ourselves out from under
their debt-slavery system?