Debt forgivness is great, as long as you have debt.
If you don’t have any debt to forgive your going to be severely handicapped when the New World Order come a knockin’. So you better go out and buy everything you can’t afford so you can be forgiven.
Forgive me Father, for I have shopped.
People seem to have short memories. The whole basis of this crisis was
that banks lent money they didn’t have, at interest, and eventually couldn’t
cover their liabilities.
A mortgage from a bank is raised on a ‘promissory note’, signed by the buyer,
A promissory note is a mortgage backed security, monetized by the lender,
or in this case, used to obtain “credit” from a central bank.
The banks never did, nor did they ever intend to lend any of their money
to the mortgagee. They are fraudulent loans because the ‘lender’ never
discloses to the debtor they are not in fact lending them anything.
The charging of interest must therefore also be a fraud.
All the bank has lent the mortgagee is “”credit” not money, i.e. the money
never existed. Which is where we came in.
I am not an expert but I believe they call these loans ‘ultra vires’ and are
void or non-existent in law, because the lender has acted outside it’s
lawful mandate. The buyer or borrower is deceived into the belief that
he/she has entered a lawful contract, when it is nothing of the kind.
This has been going on so long that it has become accepted practice, and it
would be good if it was challenged by a really smart lawyer.