This is the Answer! Everyone Should Do this! This man Got his Property by Filing a Quiet Title - Please Read his Story and DO IT! You can File for Quiet Title TODAY! Get Your Property -FREE AND CLEAR!

Please read the whole story and see how a man (lawyer in Utah) got his property by filing a Quiet Title!  What a GREAT way of doing this!  NOW the banks have to Sue to try and stake some claim, they have to come up with the paperwork to prove actual ownership of the mortgage by MERS!

THIS IS THE WAY TO DO IT!  I ENCOURAGE EVERYONE TO EXPLORE THIS OPTION AND GO TO YOUR COURTHOUSE AND FILE A QUIET TITLE!

Just imagine if everyone does this, there is nothing the MERS banks can do about it!  Of course the banks are calling this a "Travesty of Justice" LOL  I LOVE IT!

This information has to go Viral - PLEASE Pass this information on to EVERYONE With a MERS Mortgage!  

Portions- THIS IS THE ANSWER!

Who’s the beneficiary? » Under the state’s quiet title laws, Keane said he did not have to name MERS or serve it legal papers in the lawsuit because it was not the legal owner of title to the property. Those were title companies. In addition, attorneys contend, MERS cannot be the “beneficiary” or holder of the promissory note because it readily has admitted it has no financial interest in any notes or mortgages.

Normally, a trustee named in a trust deed has a legal duty in Utah to the entity that holds the promissory note and for fair dealing with the homeowner. But in the townhouse case, First American Title filed a response to the quiet title action saying that it had no idea who had the right to collect payments on the promissory note, nor did it admit to knowing any other basic information about the property.

“The fact of the matter is First American Title doesn’t know who the beneficiary of the trust deed is and basically they disavow any interest in it,” Keane said. “It’s an acknowledgement [the recording system on this property is] a fiction, that they don’t have any real interest in it.” 

Garbett Mortgage also told the court it no longer held an interest in the property. Integrated Title never filed a response to the lawsuit but did withdraw as a trustee with the Salt Lake County Recorder’s Office.

“Considering the owner of the property [the title companies who were trustees] failed to dispute the matter, and further considering that the original lender claims no further interest, the court nullified the trust deeds prior to setting any type of trial date,” Keane said.

So in the four months that the process took, the owner was able to gain title and deny the owners of his loan the ability to foreclose on the property for nonpayment. That means the promissory note owned by investors may be worth far less than they paid for it because it is no longer backed by an asset.

Default judgment • Keane said he’s been able to obtain quiet title in the same manner in two other cases. Another attorney, Abraham Bates, said he recently also won a quiet title action in a similar case in Salt Lake County.

In Bates’ case, a couple who owed $417,000 on a house whose value had dropped way below that also sued for quiet title. 

He named the original lender and a title company listed as trustee on the trust deed. Because neither responded to the lawsuit as legally required, the judge granted the couple a default judgment that still must be verified in court, Bates said. 

Bates said under Utah laws, it was not necessary to serve MERS legal papers, as it was not in the Draper townhouse case.

WOWSA WOWSA!! 10000 Foreclosures TOSSED OUT in ONE Ruling in Maryland - Fraud Notary! AWESOME!

WOW WOW WOW WOW!

I AM DOING A HAPPY DANCE!  :)

10000 FORECLOSURES TOSSED OUT IN ONE RULING IN MARYLAND!

I have new HEROES!  The University of Maryland, stopped talking and took action to SUE GMAC and their foreclosures due to Robo Signing Notary!  The judge TOSSED OUT ALL THE FORECLOSURES!

btw: GMAC is a MERS Bank

A Consumer Protection class taught by Peter Holland, took it upon themselves to STOP the FRAUD OF MERS BANKS AND FORECLOSURES AND THEY WON!

THIS IS JUST SO WONDERFUL!!

NOW WHAT IF WE ALL CALL UNIVERSITIES THAT TEACH LAW AND ASK THOSE CLASSES TO SUE MERS AND THE BANKS!  TO ME THIS IS ONE AWESOME IDEA - LETS ALL DO IT!

WE CAN WIN TOGETHER - LETS WORK TOGETHER AND GO FORWARD IN POSITIVE ATTITUDES OF JUSTICE AND TRUTH WINNING!

Portion of Article:

In a major ruling Friday, a coalition of nonprofit defense lawyers and consumer protection advocates in Maryland successfully got over 10,000 foreclosure cases managed by GMAC Mortgage tossed out, because affidavits in the cases were signed by Jeffrey Stephan, the infamous GMAC “robo-signer” who attested to the authenticity of foreclosure documents without any knowledge about them, as well as signing other false statements.

The University of Maryland Consumer Protection Clinic and Civil Justice, Inc., a nonprofit, filed the class action lawsuit, arguing that any case using Jeffrey Stephan as a signer was illegitimate and must be dismissed. In court Friday, GMAC agreed to dismiss every case in Maryland relying on a Stephan affidavit. They can refile foreclosure actions on the close to 10,000 homes, but only at their own expense, and subject to new Maryland regulations which require mandatory mediation between borrower and lender before moving to foreclosure. Civil Justice and the Consumer Protection Clinic also want any cases with affidavits from Xee Moua of Wells Fargo, who has also admitted to robo-signing, thrown out, but that case has not yet been settled

My Plea for everyone to Call the Universities to Start Class Actions against MERS in all the States!   Also the latest MERS info from last week. (I don't know why my videos never sync correctly when I upload them - so sorry it is out of sync)

EDIT - 1/18/11 - I have left a message for the University of Tennessee Dean of the Law Department, letting him know what the University of Maryland accomplished and asked him to have a professor at the University do the same thing with their students.   *** I ask everyone - it does not hurt to call a University where you are and ask for them to do a suit against MERS      PLEASE CALL - AS YOU WILL MAKE A DIFFERENCE, IF/WHEN ANY TAKE IT ON****

WOW - Ted Gunderson - Former HEAD OF FBI - Says Chemtrails Have to Be STOPPED - Calls on Congress to Do So! DISCLOSES CHEMTRAILS ARE REAL! Video! Proof Chemtrails NOT Conspiracy Theory!

Ted Gunderson former Head of the FBI in various cities has put out a video DISCLOSING CHEMTRAILS ARE REAL AND NOT A CONSPIRACY THEORY!  He discloses he has seen the planes himself, they are stationed out of Lincoln, Nebraska and Oklahoma! 

He calls on Congress to STOP the Chemtrails, says that is what is killing all the animals and they are poison to all living things!

President of China - Hu Jintao, Says Dollar Domination as International Currency is A thing of the PAST!

For the Chinese President Hu Jintao, to say the dollar domination as the International Currency is a thing of the past, must mean they have everything in place to withdraw from the dollar. 

The Chinese do not disclose information before they have everything in place to do something else.  For the President to say the dollar is the international currency of the past, must mean they have already set up what they need to to drop the dollar.

I don't know if people realize the full implications of his statement, especially as this is upon him visiting the United States.  Saying what he did as he is about to step on U.S. soil, is a stab right into the guts of the U.S..   Visiting dignitaries do not normally say something negative about a country before they visit as that causes problematic discussions.  Especially saying the dollar is at it's end, is almost a declaration of war.

Remember we went into Iraq, for the real reason of Hussein was dropping the dollar to sell oil in Euros, the U.S. had to preserve the dollar as the oil trading currency, besides of course the U.S. wanting to get a hold of the oil there.

Portions from article:

BEIJING—Chinese President Hu Jintao emphasized the need for cooperation with the U.S. in areas from new energy to space ahead of his visit to Washington this week, but he called the present U.S. dollar-dominated currency system a "product of the past" and highlighted moves to turn the yuan into a global currency.

Some of Mr. Hu's most significant comments dealt with the future of the dollar and currency exchange rates.  "The current international currency system is the product of the past," he said, noting the primacy of the U.S. dollar as a reserve currency and its use in international trade and investment.

There is already trade in place between Russia and China using the Yuan, it was firmly established late last year, the two countries dropped the dollar completely  as the trading currency.   India is now trading with Iran in gold for oil, that is just taking place now.  The Asian countries had begun trading in the Yuan last year between each other.  South American countries had begun trading in their various currencies between each other in 2009.   The Chinese had continued to say "They will keep the dollar for trading"  the last 2 years, whenever they were asked about the dollar.  So, for the top person of China is now say "The dollar is at it's end", that means it IS now at it's end.

I expect to hear a whirlwind of information of how multiple countries have already made agreements of trading between them with currencies other than the dollar.

Please understand this is Huge news - this is going to impact all of us in every way!  Inflation has been kept somewhat low (no hyperinflation, as of yet), due to the dollar being the international currency, but as countries drop it..... well it will be free to run up and hyperinflation will be set loose, as the Trillions being created by the Federal Reserve flood the world.

Anger a Worthless emotion that does not get results nor does anyone good. I was engrossed in it the last few days and I am sorry.

I feel the need to post about anger.  I know anger so well, if you look at my last few days of posting, since the information about the Federal Reserve taking our rights away of holding banks accountable for fraud, you will see I have been full of anger.

I am putting this post here and not in my "Positive Vibs" blog, due to the amount of anger I spewed since Thursday.

I had been in a very dark place the last few days, I had been full of anger at all those who have control over the populace and using the control to depress the people.

I am awakening from the negative emotions of anger. It is a very dark emotion, which does not get us any positive results.  If we dwell on anger and let it rule us, then we lose and those in power win.  Anger and fear is what feeds those who would like to control us.  That is why we are bombarded with negative information from various sources.  Fear and anger is how we are led down a path by others, they need that emotion as the overwhelming feeling of people for that is the way they lead us to where they would like to take us.

Where as the emotion of Love and Positive energy is what those in power do not know how to deal with and they are not able to control us when we live in Loving intent.  I fully believe our power and the way to overcome any suppression is through living with the "Christ Consciousness".  The "Christ Consciousness", in my opinion is understanding we are able to create our world and we are able to influence our world through living in Love.  I do believe, if we had the faith the size of a pea, we could/can move a mountain.  To me, Christ told us "We too can do as he does, we simply need the faith and understanding".  To me, that means living in Loving intent and Knowing we are capable of working miracles is through our right frame of mind.   Anger is not the frame of mind which accomplishes anything, it only takes us down.  

I was lost for a few days, I let outside influences control my emotions, I was so down in the rabbit hole I could not see the light.  But I have also decided to claw my way back up, to the light and to positive emotions and outlook, knowing we are guided by a much higher power and we simply need to embrace the light and love around us and in us and let that be our guide and way forward. 

Though I will post about negative events or happenings, it is not my intent to keep people in the negative, it is my intent to give others an understanding.

I sincerely believe by all of us, working through our energies of anger, hate and any negative emotions and turning those emotions in to Loving intent for our Earth and each other we will prevail and we will arise and break the chains of those who wish to keep us enslaved in their matrix of negative emotions.

We all go through many stages in our lives and hopefully we all learn from those stages, where we keep growing in a better understanding of ourselves and the world in which we live.  When we go forward with the intent of Love for ourselves, the Earth and all others, then no outside force can control us.

We will continually make those choices in how we shall lead our lives and we will have situations where we will need to make a choice in which way we shall be led.  We will have the choice of darkness or light, it will be up to our own free will.  My intent is to live in Love and Light, without the fear and anger ruling me.  Will I be perfect at living in the Love and Light emotions?  No, I have no illusions, I will not feel fear or anger at times.  But, as long as I/we don't wrap ourselves fully in the negative, then we will be taking steps forward.  

I do ask, others join me in working on the intent of Love guiding us.  Love for each other, Love for our Earth and Love for Truth.  Through the positive guidance of Love and letting our higher power lead us, we literally can change our world.  We accomplish many things through Love, we accomplish nothing good through fear and anger.

My intent is to accomplish helping others and our Earth by helping myself through understanding Love is the only way forward, Love is what is real, Love is what makes us feel good, Love is what gives us a bright future.  I have so much to work on in understanding Love for myself and for all others, as it is not easy, but when there is intent on the positive to guide us, we will walk in the Light and Love of our higher power.

The angry posts from the last few days, will stay as they are, as they show the darkness I was in and the process which has led me to publish this post of choosing Light and Love, instead of letting the anger and hate take me fully down the rabbit hole.  I do believe the energies of the world are changing, we feel them changing and those in power have brought many things to a climax of everything seeming to fall apart at this moment in time, to keep people in fear and anger.

So, I ask others.... does fear and anger make you feel good?  Do you accomplish anything living with those emotions?  Do those negative emotions get you positive results in your life?  The answer to those questions are... No.  They only take people down.

But, stop and feel Love..... Love for yourself, Love for the Earth, Love for all others..... How does that make you feel?  When you stop and have the intent of Love, no matter what the situation, positive results come through.

Thank you to all who are reading this and please forgive my overwhelming anger which was so obvious in my postings since Thursday.  I am sorry, I may have taken others down a rabbit hole with me in anger and hate through the posts.  I will work on trying to keep my posts in a positive loving light in giving knowledge of information and not doing it through the emotions of anger.    Even though there will be negative events and situations, when we keep our focus on Light, there will be nothing we can not overcome.

I sincerely believe - You and I are One - We each have the abilities to create and shape our world around us.  I do believe in all of our prosperity together in every way!  I believe in YOU - I believe in ME - I believe together we can and will be unstoppable in creating a better future!

The Rise and Fall of American Democracy. Robert Kiyosaki hits it exactly

Robert Kiyosaki  wrote a very interesting article last year.  I was not aware of the length of times "Democracies" survived before going into totalitarian states.  

Portion from article:

The average age of the world's greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence:

• From bondage to spiritual faith;

• From spiritual faith to great courage;

• From courage to liberty;

• From liberty to abundance;

• From abundance to complacency;

• From complacency to apathy;• From apathy to dependence;

• From dependence back to bondage.

This is the United States history.  If you think about it, we did not quite make the 200 years before those that have had the intent to enslave us and put us in bondage, started.  At the same time they began the dum down of the American people and the drugging up of the American people.  Fluoride came out strong in the 1960s in being put in the drinking water, which most of us know is a complacent drug, which the Nazi's used on the Jewish people in concentration camps.  It is a poison that has been sold to us "as being good for our teeth".  But if anyone who doesn't believe that, takes the time to do a little research, they will find it is all true and it is actually very bad for us, but good for those who are in power.   We also have chemtrails constantly being laid across our skies and we don't know the full mixture of what is in it.  Doubt that?  Well take an air sample and ask the EPA to sample it.... You will get a direct refusal if you ask them to sample it for hard metals.  Many have tried.    Also there are patents and a few elected officials have admitted to the chemtrails.  Lets not forget our food is genetically modified and with the new S510 bill just signed into law - growing our own food is illegal.  Of course it is all in the name of "food safety".  Yeah, Monsanto controlled food "safety".  Who knows what we are actually putting in our body from what Monsanto has done to it.

Nothing I wrote above is "conspiracy" it is actually all fact.  People just need to do a little research to find out, the truths.

More from article:

In looking at American history, we can see Tytler's sequence in action. In 1620, the Pilgrims sailed to America to escape the religious bondage imposed by the Church of England. Their spiritual faith carried them to the new world.

Because of their deep faith, the Pilgrims left England in spite of the high percentage of deaths incurred by earlier American settlements. For example, when Jamestown, Virginia, was founded in 1607, 70 of the 108 settlers died in the first year. The following winter only 60 of 500 new settlers lived. Between 1619 and 1622, the Virginia Company sent 3,600 more settlers to the colony, and over those three years 3,000 would die.

In 1776, the Declaration of Independence was signed. From spiritual faith the new Americans were garnering great courage. By crafting the Declaration of Independence, the colonists knew they were essentially declaring war on the most powerful country in the world -- England.

With the onset of the Revolutionary War, the colonists were moving from courage to liberty, following Tytler's sequence. By demanding their independence and being willing to fight for it, a new democracy was born. This new democracy grew rapidly for nearly 200 years.

Then, in 1933, the U.S. was thrown into the Great Depression and elected Franklin Delano Roosevelt as president. Facing total economic collapse, Roosevelt took the U.S. dollar off the gold standard. At the same time, Germany, also in financial crisis, elected Adolf Hitler as its leader. World War II soon followed.

In 1944, with WWII coming to an end, the Bretton Woods Agreement was signed by the world powers and the U.S. dollar, once again backed by gold, became the reserve currency of the world.

In 1971 President Nixon violated the Bretton Woods Agreement by taking the U.S. dollar off the gold standard because America was spending more than it was producing and the U.S. gold reserves were being depleted.

In 1972 Nixon visited China to open the door for trade. What followed was the biggest economic boom in history -- a boom fueled by the U.S. borrowing money through the sale of bonds to China, one of the world's poorest countries at that time. The sale of these bonds financed a growing U.S. trade deficit. China produced low-cost goods, and we paid for them with money borrowed from the Chinese workers.

In 1976 America celebrated its 200th anniversary as a democracy. Rather than produce, we kept borrowing to finance social-welfare programs. Over the next three decades or so, America slid from complacency to apathy.




We have no one else to blame but ourselves.  We have ignored what Washington D.C. was doing, behind our backs.  We accepted what they had to say and the media promoted the bill of goods they were selling us down the road with.  

Yes, I am still very angry over the fact the Federal Reserve is being allowed to take our rights away.  I think I still believed deep down, that somehow our elected officials would eventually come to their senses and stop selling the people down the road as slaves and start acting like we mattered to them.  Upon now knowing we will have no rights against banks come July 2011 and a non government entity that is owned by foreigners who own other central banks in the world are the ones being allowed to make our laws and take our rights!   Our elected officials gave the Federal Reserve that right.  So the article linked and portions enclosed, shows we have already made our way back to bondage.  But this bondage is much worst, as the people are being thrown out on the streets as if they are garbage as our elected officials look the other way.    What is also worst is the people are sitting back, just letting it all happen.   But, much of that fault is due to the fact we are poisoned in what we drink, breathe  and eat and now people walk around "asleep".  People don't want to know the truths and those in power did that on purpose.  


So America, congratulations we have made our way back to the bondage stage.   But what happens when people fully realize that?  OH, Yes...... I remember now.   Hopefully the "Courage" will come back fast! 

See the video in the post right before this one - it applies to this article. 

PLEASE LISTEN TO THIS! WOW - POWERFUL - AMAZING - THIS IS TODAY! Chaplin Speech - PASS THIS ALONG - EMBED EVERYWHERE! LET US ALL UNITE!

PLEASE GET THIS VIDEO OUT THERE - GET IT ON EVERY SITE THERE IS! AMAZING POWERFUL SPEECH THAT IS TODAY! MUST LISTEN!  INSPIRING TO STAND UP!  LET US ALL UNITE

WOW - Feeding the Homeless is NOT Allowed now - Houston Couple who feed homeless, told to STOP by Police and City Council!

Yet another instance showing how the government is inhuman in so many ways!

A couple in Houston Texas has been feeding the homeless out of the goodness of their hearts for about a year.  They will feed 60 plus homeless a night.  They have help from neighbors and friends to prepare food for the homeless.

But that has all stopped, when the police showed up and told them, they are not allowed to feed the homeless anymore due to an ordinance from the City Council!  Anyone wanting to feed or help another human being in times of need in providing food, has to have a permit!

Yeah, you got that one right!  By trying to help those who are most down and depressed by most probably losing their homes through bank fraud, you can get in trouble and be told to stop!

Where is humanity from those in power now?

Will this insanity from our "leaders" ever end?  Will they ever find Love and Goodness in their hearts for the people?   Will they ever work for the people and not for the banks and corporations?  Will they ever find kindness in their hearts for the people?  

In reading the last few days of postings, you will find I have been very hard on the government, that is due to so many realizations of just how far down the path the government has sold out the American People.  When complete reality hits, anger comes up.   I believe it is the unbelievable amount of sadness I feel for all the people who need to be helped as the government sits on their hands and lets the American people go down the drain through out right fraud and inhuman treatment. 

Portion of article:

Bobby and Amanda Herring spent more than a year providing food to homeless people in downtown Houston every day. They fed them, left behind no trash and doled out warm meals peacefully without a single crime being committed, Bobby Herring said.

That ended two weeks ago when the city shut down their "Feed a Friend" effort for lack of a permit. And city officials say the couple most likely will not be able to obtain one.

Bobby Herring said those rules would preclude them from continuing to feed the 60 to 120 people they assisted nightly for more than a year. The food had been donated from area businesses and prepared in various kitchens by volunteers or by his wife.

On Nov. 8, they were approached by Houston police officers and asked to provide food at another location under an overpass at Commerce and Travis streets adjacent to Buffalo Bayou, he recalled.

They were happy to move to the new location and continued to provide food there until Dec. 30, when a park ranger and two police officers told them they would have to stop until they could obtain a permit.

Because the new area to which they had moved is on city park land, they need permission and permits from both the parks department and health department.

Because city ordinances would prevent them from obtaining the needed permit, Bobby Herring said he is hoping to find a new solution, perhaps working through a church with a permit or finding a downtown location that would allow them to continue to help the homeless.

Amanda Herring said she was frustrated at the city's sudden stance.

"I'm just really sad," she said. "I can't believe for a year we were right out in the open and never had anybody tell us to leave, to stop, to tell us it was wrong. I'm blindsided with it."

The Banks are Literally STEALING Rental Property NOW! Foreclosing on Owners who have NEVER been late or Missed a Payment!

If there has been any doubt in anyone's mind about the banks literally stealing property from owners, there should not be now!

Banks are stealing Rental Property from owners who have never been late or missed a payment before!  The rental properties in fact have been positive income for the owners!  But, the banks want the property so they are foreclosing on them! 

We live in a very unjust country where the banks are running wild and stealing everyone's property, either by fraud or outright theft!  I am so bewildered on how it has gotten this far and how our elected officials have gone so deep down into the rabbit hole for the banks and corporations they do not even see the American people anymore! 

Owners of positive income rental properties have loans which last a few years and then have to get renewed.  Rental property owners are finding the banks are not renewing their loans and are taking over the properties.  In fact the banks are even having the renters send them (the banks) the rent every month, before foreclosing on the owner!

How is it, we keep letting this outrageous stealing from the people and bankrupting everyone (except the bankers and elite of the country) go on?   I will keep asking:  How does our elected officials sit back and watch the disintegration of the country and people?  I am starting to believe all those conspiracy theories of, it being planned and this has been done on purpose. 

Portion from article:

SPRINGFIELD, Mo. -- Imagine never being late or missing a payment, but still losing your home to foreclosure.  It's happening across the nation to owners of rental properties.

An owner of multiple rental properties can't typically get a traditional loan, so he'll get a one-, three- or five-year note that's renewed when it expires.  Several property owners in the Ozarks are getting turned down for renewals even though they've never been late or missed a payment.  The result is they lose their properties to foreclosure and the income that goes with it.

In fact, they've already foreclosed on two properties, including a six-plex, his biggest money maker.  His bank didn't return a reporter's calls but told him why they wouldn't refinance his loans. 

"I do construction and work has been slow and they said, based on my tax return, they don't feel I have ability to pay my notes even though I've never been late," said Hosey.

He says the properties pay for themselves.

"I just can't believe I'm in this position," he said.

To make matters worse, his tenants are now making payments to the bank, even though Hosey is still responsible for the insurance, utilities and trash pickup.  He says, without the rent payments, he has no way to pay those bills.

Federal Reserve Planning to CHANGE LAWS of TILA - TO STOP FORECLOSURE LAWSUITS AGAINST BANKS! M.F.s!

The Federal Reserve plans on making changes to the TILA (Truth in Lending Act) laws, where homeowners will find it impossible to sue Banks and prevent Foreclosures!  This is despite the outcry from consumer groups and even the Senate Finance Committee!

What else did we expect from the M.F.s!?

I would like to know, WHY the govt. - our elected officials even gave control over the banks and the people and their rights to a NON GOVERNMENT Entity - Which is what the Federal Reserve is!  THE FEDERAL RESERVE IS A PRIVATE BANK - NOT A GOVERNMENT ENTITY OF THE UNITED STATES!

First you need to understand that, to understand why they could not give a flying F**k about the people!  So, why would our elected officials who are suppose to watch out over you and me, give them the control over our rights against the banks?!

When will this stop?!

If there was ever a call to action - IT IS NOW!

WE CAN NOT HAVE OUR RIGHTS AS U.S. CITIZENS AND OUR LAWS GIVING US OUR RIGHTS BE TRAMPLED AND OVER TURNED BY THE FEDERAL RESERVE - A PRIVATE BANK!

The Federal Reserve plans on making sure, if anyone wants to sue a bank for FRAUD they have to pay IN FULL the mortgage amount before they can sue!  WTF?????!!!!!!  In other words - if you don't have the full amount of money for your mortgage you CAN NOT SUE!  How the F**K are our elected officials allowing this?!

Oh, The Federal Reserve says it is hurting the economy, by people suing the banks!  What a F**king Unbelievable  statement - in other words the banks can commit FRAUD all they want on people!

You do realize after this takes affect - The Banks will screw EVERYONE left and right - they will not have to be accountable to any loans or Fraud they commit EVER!

Portion of article:

The Federal Reserve is moving ahead with plans to change the right-of-rescission rule as part of the Truth in Lending Act (TILA) despite intense outcry from consumer advocates, civil rights groups,  and top members of the Senate Banking Committee.
 

Revised TILA will require borrowers to repay a mortgage in full before a loan is rescinded. Consumer groups say the measure is designed to prevent homeowners from using the right-of-rescission protection as a defense against improper foreclosure.

.

The Fed’s proposal is designed to ward off frivolous lawsuits that will delay foreclosures and have an adverse impact on economic recovery by ensuring “a clearer and more equitable process for resolving rescission claims” that closely mirrors present court requirements. The central bank wants to lift what it views as undue compliance burdens and litigation risk for creditors.

.

The Truth in Lending Act was passed in 1968, giving homeowners the right to rescind, or cancel illegal loans for up to three years after closing the transaction when borrowers are not provided with requisite disclosures at settlement.

.

Foreclosure attorneys have used the rescission clause to help homeowners in numerous cases involving predatory lending where faulty and fraudulent disclosures were key pieces of evidence.

It is when I am seeing red - I use foul language and right now - I am seeing red more than ever!  If there was ever a moment in time, where it is proven the banks have control over our government and our lives and it is being shown they are bankrupting all Americans, it is now!

Considering the Federal Reserve will continue to dump money in the laps of banks and the bankers walk away with billions in bonuses every year, but as of yesterday the Federal Reserve has said it will NOT HELP States in bailing them out.   What does that mean?  States may have to stop paying people their pensions!  So in other words the Federal Reserve will NOT HELP you and me in any way shape or form!

THIS IS WHAT WE GET FOR ALLOWING CORRUPTION AND NOT PAYING ATTENTION TO WASHINGTON OFFICIALS FOR DECADES!  WE GET THIS FOR LETTING THEM LIE TO US OVER AND OVER AGAIN AND BELIEVING THEM AND THE MEDIA!  We will have NO protection from the banks in any way come July 11th 2011! 

What Really Happened inserted this video in regards to this article! I am now inserting it here! Thanks Michael for bringing this video out and to our attention!



I feel we HAVE TO DO SOMETHING! Even though our elected officials have not paid attention to our voices before! WE HAVE TO CALL THEM AND LET THEM KNOW OUR OUTRAGE AT THIS! THEY HAVE TO STOP THE FEDERAL RESERVE FROM TAKING OUR RIGHTS OF SUING THE BANKS DUE TO FRAUD! Every time I think, nothing else will shock me about what outrageous things are going on...... I get shocked over and over again on how our government is allowing Private industry and banks to rule the people and laws!

EDIT - HERE IS RON PAUL'S D.C. PHONE NUMBER: 202-225-2831

WE ALL NEED TO CALL IT AND CALL YOUR LOCAL CONGRESS AND SENATOR

LINK TO FIND YOUR ELECTED OFFICIALS NUMBER:

http://www.contactingthecongress.org/

http://www.senate.gov/general/contact_information/senators_cfm.cfm

 LET THEM KNOW THIS IS UNACCEPTABLE FOR THE FEDERAL RESERVE TO CHANGE THE RIGHTS AND LAWS OF THE AMERICAN PEOPLE!  WE DID NOT VOTE FOR THE FED - THE FEDERAL RESERVE IS A PRIVATE COMPANY/BANK - THAT IS NOT OWNED BY AMERICANS, BUT BY FOREIGNERS!  THEY HAVE NO RIGHT TO TAKE AWAY LAWS PLACED TO PROTECT THE AMERICAN PEOPLE AGAINST THE FRAUD OF BANKERS!

ANOTHER EDIT - I called Ron Paul's office, the woman who answered said "Ron Paul, is aware of the TILA changes by the Federal Reserve".  I asked what is he doing about it?  She transferred me to a voice mail to leave a message to speak to someone about it.  I left a message basically saying exactly what is above!  IT IS UNACCEPTABLE A PRIVATE BANK CAN CHANGE THE LAWS AND RIGHTS FOR THE AMERICAN PEOPLE!  OUR ELECTED OFFICIALS HAVE TO STOP IT!  I said, I have a blog and posted this phone number for everyone to call and I will look forward to putting what Ron Paul is doing about this situation!   If I hear anything back, I will immediately post it!  


Another Edit - I have called my elected officials and let them know they can not allow a private bank to change our laws and rights.  The people who answer say "they will pass my concern along"!   Guess I won't be holding my breath about it!  

We can not allow our sovereignty to be completely handed over to a foreign entity!  It can not be allowed!  We must stand up against this!  We need to hold our elected officials accountable to giving our rights and laws away to a bank in full public view!  We are no longer a sovereign nation upon allowing the Federal Reserve to control our laws and rights!  This was not the left or right who did it, it was ALL of them who did it!  They are ALL under control of the banks and corporations including foreign ones!  We are no longer a nation of "For the People and By the People"! Only if we stand up and raise our voices so loud that they can not be ignored, will we get our rights and government back!  

  IMPEACH ALL OF THEM IN WASHINGTON D.C.!!

EDIT - 1/14/11 - Huffington post has an article about what the Federal Reserve plans on doing:

Portions:

Unsurprisingly, banks support the move, but consumer advocates say this would essentially make rescission worthless to borrowers.

"The ... proposal would eviscerate the single most effective tool that homeowners have to stop foreclosures and avoid predatory loans," reads a letter penned by Margot Saunders of the National Consumer Law Center and signed by 16 national public interest groups, along with 33 state housing and legal aid groups and 144 individual attorneys. "Passage of the proposed rule will considerably exacerbate foreclosure statistics in this nation."

According to the Center for Responsible Lending, 2.5 million homes were lost to foreclosure between January 2007 and the end of 2009, and another 5.7 million stand in "imminent" danger of foreclosure today.

"I view this as nothing less than a criminal ploy to shove hard working Americans out of their homes and onto the streets," wrote Ann Capotosto in an undated comment letter. "It is immoral and must be stopped."

"Think of mankind for once, please," requested Larissa Cavanaugh in a Dec. 4 letter.

"Have you lost your minds?" inquired Beth Findsen in another letter from Dec. 4. "In the depths of an unprecedented catastrophe for the middle class, related to the predatory loans and their rapacious securitization by the financial industry, resulting in millions of middle class Americans losing all of their wealth and their homes, you want to loosen TILA? Are you tone deaf? Have you lost your humanity entirely?"