GOVERMENT BAILOUTS EXPLAINED.......
... this presentation before, but it doesn't change the fact that I entered all of my debts bsed on the present peridigm of debt = repayment of said debt. I would love for reality to suddenly change and forrgive all of my previous debts, I will continue to repay them in good faith until some future realty says that I don't have to. Personal responsibilty is something that I don't see to change even though those debts may be restructured at some point in the near future.
The "old" paradigm of repaying your debt got thrown out in 1933. The reason - is because under the old paradigm the person you got the money from actually had some to begin with and "lent" it to you and planned on making a little profit on interest over time. The "new" paradigm is VERY different. In the new paradigm - your "debt" (any evidence of debt signed by you on a piece of paper - check, note etc) is MONEY. Yes - YOU created MONEY when you took out the debt. The "creditor" used that instrument to GET the money from the Fed to "lend" it to you. Furthermore - the fractional reserve system allows the bank ("creditor") to create ten times more than you created when you signed the paper. I'm serious.
Here's the secret though. Because YOU created the instrument that got converted to MONEY over ten times - YOU are actually the "creditor" - not them. That means with the proper understanding of WHO YOU ARE in the system - you can set off and settle all of your debts using the same bills and coupons sent to you by the pretend creditors - and do it through current Public Policy via the Treasury dept or the IRS. Doing so takes that amount of Public Debt and cancels it (along with the bill).
This is all part of the "New Paradigm" that people are waking up to. Everything in our system has ALREADY BEEN PREPAID - it has to have been because all we have in this system is DEBT and WE are the ones signing the instruments! WE ARE THE CREDITORS of the United States and everything ever created since 1933 has already been paid for. Chew on that.
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This video makes the excellent point that for the banks to continue foreclosures - when the mortgages have been paid via TARP - they are looking at getting paid twice. Homeowners have had success suing the banks for unjust enrichment using TARP. It forces the banks to prove that they are not getting paid twice by continuing the foreclosure process - which of course they can't. Either they got the money and paid off the investors - or they didn't. If everyone got paid - then why do they get to keep the house??
This is all such a huge expose on how the system really works that people are finally waking up to what we have "agreed" to in terms of "public policy" back in 1933 via the New Deal. It's a very deep rabbit hole - but this is where it ends - with the people in control now openly thumbing their noses at us!