Saturday 17 December 2011

The Great Mortgage Illusion


With thanks to the Lawful Rebellion website -
'Most people who have one will spend the vast majority of their life paying off the debt accrued via their Mortgage. What most people don’t know regarding that debt is that it does not actually exist. In reality, the borrower actually creates the line of credit which the alleged lender lends back to them, usually over 25 years and at an extortionate rate of interest.

This multi-national fraud by non-disclosure, misrepresentation and abuse of position appears to be committed under an unconscionable and irrevocable Power of Attorney granted to the bankster in every Mortgage Deed. This allows the Mortgagee to create a Promissory Note in the name of the Mortgagor, for the purposes of securing and maintaining the legal charge registered against the property. The Mortgagor has no knowledge of the scope of this provision, which is used by the bankster to discharge the original debt before a single day’s interest is charged.

In this Lawful Rebellion podcast (LINK), Richy talks with Freeman Michael of FreeThePlanet.net. Michael exposes the most enormous yet provable fraud for the millions of mortgage payers in the United Kingdom PLC and countless more overseas.

To inspire a great awakening we must first have the time to do so. To have the time to do so we must stop worrying about the mortgage – it is the ‘death grip’ which holds so many in a trance-like, debt-driven, money-grubbing rampage.'

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