This mortgage for home thing is ridiculous as you explain it in this video. Whatever happend to common sense commodities, buying, and selling? Who is this real estate or bank you are buying the house from? These are middle businesspeople. I should be able to buy it from a house/land developer or the seller who is selling the house under witness of a lawyer or notary public, etc.
Wow, you really impressed me there, especially if you had gone through with it! Credit scores are a game. They don't really help you, they're just a way to control you!
I hope you DO keep that $1300 and buy gold and silver, and rent for a while. That's what I'm doing when I get this place fixed up in a month or two!
You have to understand that all bank home loans are insured either through the government, FDIC or private mortgage insurance. The banks do want your home. They get paid no matter what since they are a function of the private, for profit Federal Reserve international banking cartel. They are whooing first time buyers in as fast as they can. Watch the real estate taxes skyrocket once the turnover is completed. I will never buy a home again. It's a land locked boat.
You allowed your self to willingley enter in to a contract with banks. you want real change. be a man of your word and fufill your obligiations. regardless of the outcome. you choose to sign the contract. if you walk out on your word and decide to redifine them you are no better then the banks that did this. you are redefining your moarls to sute you needs. we will not solve the problem buy using the same tatics that the banks use.
Also, interest on money is usury. Not "high" interest....ANY interest. The system of usury means the loaning entity makes money regardless of outcome. A system of investment would mean that the fortunes of both parties would be tied. Imagine a shipper. The investors would lose money if the ship went down. Usurors would still demand money. One system encourages profitability/discourages loss for all involved and the other is simply based on greed.
If the note on your home has been sold and the ones servicing the note does not have the "blue ink signature papers" (original docs - likely they won't) then you can actually be off the hook!
Just do it dude. Get a nice small rental dump your debts. Money on food and safety. Change your life before they foreclose. They are after it all so be proactive today.
How safe will you be in a rental property? If he has a support network - now would be the time to use it. What if he knows someone else in the same predicament? Move in with them.
I think a lot of people are not safe in the USA. But it seems like when you have a problem and you know you must do something, your gut is already telling you to act and change. You should just do it!
i was was at the same point you are now in oct 07. i finally said "phuckit" and my financial obligation list shrank from about 15 down to 3... my wife and 2 children... i'm glad i did, because lifes short...
I stumbled across your video by chance but find that I agree with what it is you say. You might want to step back further and consider that 9/11 was in fact an inside job -- that we have been lied to in and taken advantage of BIG TIME on many levels.. Those in control have no compassion for us citizens. Greed and corruption is their manner of business. They protect their own we citizens are left to suffer their lack of any honest decent caring judgement.. But good video!.
You nailed it bro !! Well done on a brave effort. But smile though - you have seen the light, and life gets a LOT better from here once you see past the charade. Keep your money in your pocket. To hell with the banks.
The futility is there. I was buying Gold over a year before the shit began to hit the fan. As well as a lot of other stuff to prepare myself in every way for the worst possible outcome. Some things such as the economic mayhem and eventual collapse was the most predictable But just saying it in comments was enough to be shouted down and denial and aggression was the norm. Then I felt like making a video, but couldn't see the point for the same reasons.
Would you have made any changes to your life if I made a video explaining the world economy was built on a deck of cards which was long overdue for collapse, that a number of specific events along the way and thereafter were predictable and that it was worth doing all in your power to sell what you can, save where you can and buy gold, as a first step?
As it was I didn't bother and concentrated on making my own preparations regardless. Today I am well on top of it and bemused by the "experts"
the planned destruction of the middle class as a major step toward the new world order nears it's completion. they will have their way-very briefly, until God destroys them. the only true hope anyone has is Jesus Christ.
Good comment above about gold and silver are just some more things to control and rip you off. To simplify the worlds problems look at the BIBle. Gos vs Satan. God lets you ultimately choose and has since man began to serve only one side or the other period. And the game clock is winding down to last days. Nothing you do will outhink or change God's plan to punish the wicked. There's your hook. Don't be wicked any longer. Repent and sin no more. Change your thinking and maybe the world follows
great rant, and I think you nailed each point. I see a meltdown for you that may lead to something drastic. just do what is right for you and your family. the lord knows the intentions of all men.
Great vid...btw...this is off-topic, but I'd like to let everyone out there reading this know the Chinese Communist Party has been persecuting 70 million Falun Gong spiritual practitioners for 10 years in China, using US money. The media doesn't cover it. It must stop, so they can be free like we still are. Thanks.
Good video. There are several good comments on this video, and I think once you look deeper into it, you'll be more pissed off than most Americans who don't know shit. We're turning into a fascist, communist (yeah, get your head around that one) state and very few people give a fuck.
no contract is valid under fraud. every contract requires a like for like or value for value exchange such as property or labor. Since the money acquired by the borrower is a function of labor and production and the money of the lender is only a ledger entry fiction, the value component by the lender is zero, ergo, fraud. This invalidates the 'contract' and its obligation.
Now do you still feel a 'moral' obligation to pay the $1300?
It all started with those Bond-buyers (Credit swappers) who underestimate the risk of the CDOs and Bonds.... the Financial Industry did not fully understand the impact of PEAK OIL, which we saw happening when BBL rocketed up to $147
Note how OIL price is hanging around $50, and will flow northward once the economy (eg, marked by DJI) to $70,$90, $160 plus.....only to bring economy back down. This will end in HyperInflation, get GOLD and SILVER!!!! Obligations to selfsurvival
You hit the nail on the head about your word. People wonder about how can someone have crappy credit and keep their word. It's simple. I have never given my word to a corporation nor a corporate representative. They always want pieces of paper. A human wants my word on something they will ask for my word and I will give it. Giving your word means that you do it if at all reasonably possible.
I hear you, I'm on exactly the same wavelength. A rational person will start to reassess his obligations when his counter parties are constantly "kicking over the game board" when they are losing. We are being raped, and we had better start to understand that what is being stolen is our children's futures. We should try some type of financial strike before this thing gets physical, but I am preparing for the later. God Speed.
Watch William Black's video on Bill Moyer's PBS Show. All banks have committed frauds. Their contracts are all criminal and WORLD has to remove these people.
cont'd ..... then yes you should pay him back...but any money from a bank whether its a mortgage or line of credit was not created with anyones' real labor...by real rights you don't owe the bank a penny...its the biggest fraud going around...and were not even talking about interest.
Smiley, you're absolutely right. With fractional reserve banking in place (thanks to the federal reserve's rules) all loans from banks are created out of thin air. Normally they loan out somewhere between 5 and 9 times the "reserves" they have on hand. The banks decided too much money was to be made so a lot of them started loaning upwards of 20 to 30 times the reserves they had on had. Even at 5 to 9 times it's fraud any way you look at it. A+
Hey Charlie...your really got a sense for the fraud the banks are perpetuating...did you know when you signed for that mortgage that the money was created with your signature...it was not on the books to begin with and no other depositors savings was used to give you money to purchase that home...that money was created out of thin air..if your friend worked 20 years with his sweat and blood to save a large pile of money that he in turn lends to you so you can buy a house.... cont'd
A lot of people are being/will be tested. Your ultimate obligation is to keep yourself and your family safe and healthy. I can't tell you what the "right thing" for you to do is, because I'm not in the same circumstance you are. Hang in there.
When you make the conscious choice to reclaim your "God Given" sovereignty and declare "I am no longer your slave"! You must be prepared to fight for the right to even exist in this corrupted world. That is the ONLY war worth fighting!!
Right on brother! You are a good man in a bad situation. Your obligation is the safety of your family, do what you can to protect them from what is coming.
The international bankers have been stitching us up for hundreds of years. Whereever you get central banks that practice fractional reserve banking then you will always get these boom and busts - the only long term solution would be for the central banks to come under public ownership and oust the private individuals who currently run them but i can't see that happening anytime soon, a book by G W Griffin called the Creatue from Jekyll Island explains it all and is well worth a look.
I'm not sure what's your problem. You can't pay for the mortgage now because you didn't read the fine prints before you sign it? I guess that's your own fault, you should have known better. If you think you have been duped into signing some contracts, then you should sue the party that's responsible.
Before anyone starts simply going after "the rich" as if anything is bad about being rich, one should be more interested in HOW they got rich. Some people deserve every penny they've earned. I doubt there are any bankers in this catagory though.
Most people have no problem with the very welthy being rich... provided they have earned it... we now have classic parasitism where hard work is poorly compensated and a self sacrafice
Small print says it all . That in itself shows you are being deceived from the begining. If you want that loan ,say for a home ,you either sign that paper or no loan ! No home. Most humans are a greedy parasite upon this planet. only caring about themselves. We shall destroy ourselves
the last time the bankers tried to overthrrow the US .. they found they could not do it due to out self sufficiency and egalitarian virtuous community... they have been deliberately destroying this concept while degrading human character with their institutions to divide and conquer us from within
Yeah, but if you lose your good credit score the system is set up to screw you over, the modern equivalent of debtor's prison. You won't be able to rent that apartment. You won't be able to get a loan for a car should you need one. You may even be turned down for employment. However, if the banksters don't make their payments, we have to bail them out. What a fucked up system, huh? The elites see us as their slaves. That much is obvious.
Google "Congress: What Bernanke and Hank Aren't Telling You" and read the article and look at the diagram. This is what you need to know about the Ponzi scheme that is the Federal Reserve. THIS is the cause, the reason for the financial shenanigans, the downturn in the economy, the housing scam, all of it.
I feel your frustration. I say the same words. I believe it's time to do the RIGHT thing. Get off under as many bills as possible asap. You can't eat a credit score.
We need to redefine everything we think about. Right now life feels like an illusion or card tricks. It is true, we keep our part of the "social contract". At the other end is a lying machine and a waterfall of BS. Question now is how long are we going to last putting up with this failed system? It isn't going to continue very long. We don't need to discuss this. They are all broke and hopeful. I think it's disgusting. America does not have a real economy. WAKE UP. Modern slavery is real
You can't do anything today without talking about or revealing information about your credit score. Today, you may not even be able to get a job because your credit is toast. So that means you get to starve to death and "screw you". Repulsive. This is it folks, enough is enough.
Finance and the Occult are deeply deeply linked far back into history. The root of the problem lies in private land and resource ownership. Needing Money to live IS the scam. Governments NEVER work. We DON'T need them at all. The ONLY fair and equitable money system is one where everyone has plenty. Workable solutions to this exist.The link between money and labour is a complete fraud. Law is also an occult agenda at play. STOP CO-OPERATING.
I have citi mortgage also...We need to file a class action lawsuit...Period..We own them...the need to forgive our loans...Period!!!!! just my opinion!!!
There is/was no contract. It was never fully disclosed to you when you signed the note. It's fraud on the part of the banks. They 'loaned' the value of the note(your note- your money) back to you with interest. You are finally beginning to wake up from the rip off of the last 90 plus years- but you still don't understand.Get more educated on whats going on. The banks via the federal reserve have admitted years ago in writing to what they do. Read" Money Money Mechanics" pub. by the fed.
It doesn't matter, they are going to get paid at point of payroll with taxes. All those dollars created from thin air by the private federal reserve bank were lent to treasury and forwarded to the banks as bailouts by US. We may get bailout bank preferred shares converted to common, the FRB gets treasuries backed by your taxes. The private FRB has AAA rated paper in superior position, we get common shares backed by rotting liar loans, credit card debt, and deretive counterparty risk. Rotten.
Well seems like you've got you're head screwed on right. You know what you want and what you should be entitled to as well as the pure injustice done to us by the U.S government and affiliates...like uh...THE BANKS!!. Of course Obama is gonna "pat them on the back"...he's working for them and wall street. He's not looking out for you or for me. He doesn't care about our welfare. It's Fucked up, but we are defined by a number attached to us. We're their cattle..if we let ourselves be.
True leadership will show people how to break the slavery we are under and thrive from it. Buy some vacant land, and build a house according to your means, start with a earth bag house, drill a well, setup solar panels and live beneath your means so you have more free time to spend with your wife/family.
Your frustration is palpable. There are more and more of us waking up to the fact that the old ways of doing things are done. We are at the end of a cycle. We need more people refusing to play the rigged game and reconsider our "obligations". Be careful with regard to gold or silver though. That's a rigged game as well. I've been cutting back on bills. No cable. Pay as you go cell phones, no land line phone. free wifi internet. Call me a cheap charlie, gotta do what we can do. Peace out.
We all ought to go on strike. F the credit card. F the mortgage. F. the car payment. They sit there and charge 21% interest AND take billions of dollars from us.
That is an excellent point. We all run the risk of remaining current on our obligations only to find ourselves laid off with no savings and no other job prospects. Do we hope the tree will just keep dropping nuts all year round or do we cut our losses and store up the excess now because there is a better than average chance the nut tree is about to have a run-in with a chainsaw. An apartment is cheaper than $1300.00. We are in a tight spot.
good video charlie, take care of your family yourself. go buy extra food and ammo. i have heard it takes 6 to 9 months for forclosures process. that gives you alot extra cash for essentials. f the banks and every other free loader on our economy!!!
Government bailout= Preferred stock= Common stock conversion= GOVERNMENT GETS MAJORITY VOTING RIGHTS= GOVERNMENT CONTROL OF THE BANKS! I made a video you commented on a couple of months ago that the banks have begun to nationalize the banks and people called me crazy, I HATE BEING RIGHT!
I think I understand the internal conflict your feeling crabbydogtrix you can currently afford to pay your mortgage but you now know your over paying. We all know that salaries are falling in this country and will continue to do so until they are more in line with salaries around the world. When your salary likely falls you will not be able to pay that much. You should throw off that bad debt now and use the money for other things while your still getting paid more than you will be.
HA my credit score crashed last year when we had no other option than to close our small business putting us and 8 others out of work. I stopped paying BOA a few months back and surrendered my car back to them before they repo'd it. Ever since they got the bailout money I've stiffed those mofo's.
They're called "contracts of adhesion" - a contract (often a signed form) so imbalanced in favor of one party over the other that there is a strong implication it was not freely bargained. An adhesion contract can give the little guy the opportunity to claim in court that the contract with the big shot is invalid. This doctrine SHOULD be used and applied more often, but the same big guy-little guy inequity may apply in the ability to afford a trial or find and pay a resourceful lawyer.
What you're saying about the credit score is a practical matter that the scam artists use to get and keep people enslaved to the adhesion contracts.
Morally, however, you are right, and they are wrong. There is no need to feel morally obligated to a scam artist. So, if you truly don't care about you credit score, then you should not care what anyone else, who decides to keep up their credit score, thinks of your personal decision, since you are morally in the right.
Maximize your cash, if you stopped making payments, you'd prob have 2 maybe 3 months before they take action. Once they start, you have one to 2 months, then you can get a lawyer and ask them for the note, that could give you 1 month to 3 months, then eviction if they go that route could be 30 days. I've seen this over and over here in LA. Do the math.
Credit score means nothing if no one is lending and it will mean less when the dollar is worthless.
Do what this guy says and right before they wreck your credit score to 300 go and get in that appartment you mentioned...or at least secure the lease so you can have a place to stay once they finally evict you. Are you responsible for children crabbydogtrix?
STOP PAYING YOUR MORTGAGE if you are underwater! I put my 20% down on my condo, was lucky enough to since cash 10% out on a HELOC, I scoffed at the 100% financing offer I had at the time, wish I would have done that now! I am underwater, and Wells Fargo got plenty of my money from the government so I stopped sending them anymore 6 months ago! They are going to foreclose on me this month I think, we'll see if anyone gets around to throw me out, I don't care anymore...
I cancelled my gym membership almost two months ago, and they still charged my account yesterday, I thought I had 28 dollars left in my checking, so I used my debt card to buy a coke, a little later I bought some milk, and then stopped and bought one (large)beer on the way home.... All three charges, which totaled less tha $7 dollars cost me $75 because of the gym charge, $75 dollars, for $7 in overdrafts, (which I'm trying to get straight now with 24 hour fitness ) "Chase" bank????
The rule of law is being attacked in this country from the top down. Without the rule of law, assets are worthless. The whole system will fall apart. This is what the big bankers don't understand. If the "Little Guy" decides to take his football home, the game ends.
You see, this is what I've been screaming! Dude stop paying the fuckers. Keep that money mate. You fulfilled your end, they failed and got rescued. It happens over and over again. When you die, are you concerned of having an excellant credit score? Does anyone that matters really care about your credit score when you die? I'm glad to see you talking like this. Keep it Up!
Good video Charlie, A credit score is for those that insist on living their lives in the bondage of debt. Think clearly, Plan wisely, Shake the shackles off. All the best to you.
Do the right thing? By further insinuating that what is happening is right? NO! It's not right, it's downright scandalous and shouldn't be accepted as the norm!
Go Charlie! Don't pay the serpents. Sound economics is based on Consumption / Production Savings / Investment. Most of peoples income goes on servicing debt. This is wrong. It should be going to the real economy. Spend it on locally produced economy and precious metals economy. Let the banks fail, we will have no debt!
Charlie, I'll bet this "rant" (you call it) is what people are saying/ or thinking all over right now...this is probably the "second wave"...ie: those who had their "ducks lined up" during the foreclosures, are now feeling the pressure the banks are passing down.
"damned if you do, damned if you don't"...(a loan-sharks "wet dream")
0bama and his puppet masters are going to help property values go back up by printing lots of money and making the value of the dollar go down. I hear a one room grass hut in Zimbabwe is going for about 350 quadrillion dollars right now, oops nevermind, no one will accept the paper anymore! A few grams of gold will buy it though!
(continued)...I will rent a condo in the same building for less than my mortgage was, after this summer I need to move out of downtown anyways, the cities will not be the place to be after the collapse. My FICO score was 800+ until Amex cancelled me on a whim (which made me realize what bullshit a credit rating is), I want a FICO score of about 2! Another bonus to going into foreclosure, you can cash out what is left of your 401K! Buy Beans, Bullets, Bullion, and Bourbon instead.
I hear they're now running out of trees for the printing in Zimbabwe, luckily we have e-money in this hemisphere.
I'm not advocating violence but I feel that people across the world should try to organise and try to help each other. I think there could be a significant movement out there which could bypass the Vampire economy of profiteering bankers and call its own shots. Using ethical banking perhaps, supporting cottage industries.
We need to leave a better world for the kiddies ..
I agree. Preaching to the converted achieves very little. It doesn't matter where you live as long as you are safe, content and have piece of mind. I'd rather he happy in a slum, than miserable in a castle.
Credit is the oldest scam...
DarthCheney420 2 years ago
This mortgage for home thing is ridiculous as you explain it in this video. Whatever happend to common sense commodities, buying, and selling? Who is this real estate or bank you are buying the house from? These are middle businesspeople. I should be able to buy it from a house/land developer or the seller who is selling the house under witness of a lawyer or notary public, etc.
doctorofghetto 2 years ago
This is your fault that you have negative equity. You should have not bought the house in the middle of the speculation.
I like the rest of the videos though.
aslomski 2 years ago
Wow, you really impressed me there, especially if you had gone through with it! Credit scores are a game. They don't really help you, they're just a way to control you!
I hope you DO keep that $1300 and buy gold and silver, and rent for a while. That's what I'm doing when I get this place fixed up in a month or two!
drutter 2 years ago
Right now, this very moment, you could live there for 2 years, rent free. Screw the banks.
moissanitestar 2 years ago
You have to understand that all bank home loans are insured either through the government, FDIC or private mortgage insurance. The banks do want your home. They get paid no matter what since they are a function of the private, for profit Federal Reserve international banking cartel. They are whooing first time buyers in as fast as they can. Watch the real estate taxes skyrocket once the turnover is completed. I will never buy a home again. It's a land locked boat.
moissanitestar 2 years ago
You allowed your self to willingley enter in to a contract with banks. you want real change. be a man of your word and fufill your obligiations. regardless of the outcome. you choose to sign the contract. if you walk out on your word and decide to redifine them you are no better then the banks that did this. you are redefining your moarls to sute you needs. we will not solve the problem buy using the same tatics that the banks use.
Zorn101 2 years ago
wise man
desire4liberation 2 years ago
Read "The Creature from Jekyll Island."
Also, interest on money is usury. Not "high" interest....ANY interest. The system of usury means the loaning entity makes money regardless of outcome. A system of investment would mean that the fortunes of both parties would be tied. Imagine a shipper. The investors would lose money if the ship went down. Usurors would still demand money. One system encourages profitability/discourages loss for all involved and the other is simply based on greed.
ScottfromTexas 2 years ago
If the note on your home has been sold and the ones servicing the note does not have the "blue ink signature papers" (original docs - likely they won't) then you can actually be off the hook!
ScottfromTexas 2 years ago
Just do it dude. Get a nice small rental dump your debts. Money on food and safety. Change your life before they foreclose. They are after it all so be proactive today.
martialarm 2 years ago 2
How safe will you be in a rental property? If he has a support network - now would be the time to use it. What if he knows someone else in the same predicament? Move in with them.
ScottfromTexas 2 years ago
I think a lot of people are not safe in the USA. But it seems like when you have a problem and you know you must do something, your gut is already telling you to act and change. You should just do it!
martialarm 2 years ago
i was was at the same point you are now in oct 07. i finally said "phuckit" and my financial obligation list shrank from about 15 down to 3... my wife and 2 children... i'm glad i did, because lifes short...
kardenal67 2 years ago
I stumbled across your video by chance but find that I agree with what it is you say. You might want to step back further and consider that 9/11 was in fact an inside job -- that we have been lied to in and taken advantage of BIG TIME on many levels.. Those in control have no compassion for us citizens. Greed and corruption is their manner of business. They protect their own we citizens are left to suffer their lack of any honest decent caring judgement.. But good video!.
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911insidejob81 2 years ago
You nailed it bro !! Well done on a brave effort. But smile though - you have seen the light, and life gets a LOT better from here once you see past the charade. Keep your money in your pocket. To hell with the banks.
steveoc64 2 years ago 2
The futility is there. I was buying Gold over a year before the shit began to hit the fan. As well as a lot of other stuff to prepare myself in every way for the worst possible outcome. Some things such as the economic mayhem and eventual collapse was the most predictable But just saying it in comments was enough to be shouted down and denial and aggression was the norm. Then I felt like making a video, but couldn't see the point for the same reasons.
RabbitNexus 2 years ago 2
Would you have made any changes to your life if I made a video explaining the world economy was built on a deck of cards which was long overdue for collapse, that a number of specific events along the way and thereafter were predictable and that it was worth doing all in your power to sell what you can, save where you can and buy gold, as a first step?
As it was I didn't bother and concentrated on making my own preparations regardless. Today I am well on top of it and bemused by the "experts"
RabbitNexus 2 years ago
The government should have bailed out the banks on the condition that all existing mortgages be reset to 2% 30 year fixed.
This would have been the fastest way to put money into the economy.
The No banker left behind policy of giving money to the richest 1% does nothing to stop deflation because they are hoarding it.
I'll never get a bank loan again so long as I live.
alienmoonbase 2 years ago
Lots of people feeling the way you do (and doing what you suggest)
bunnabo 2 years ago 2
the planned destruction of the middle class as a major step toward the new world order nears it's completion. they will have their way-very briefly, until God destroys them. the only true hope anyone has is Jesus Christ.
hiodr 2 years ago
Good comment above about gold and silver are just some more things to control and rip you off. To simplify the worlds problems look at the BIBle. Gos vs Satan. God lets you ultimately choose and has since man began to serve only one side or the other period. And the game clock is winding down to last days. Nothing you do will outhink or change God's plan to punish the wicked. There's your hook. Don't be wicked any longer. Repent and sin no more. Change your thinking and maybe the world follows
rrdrums110 2 years ago
here is the deal: THE PEOPLE WHO ARE LENDING HAVE WORSE CREDIT THAN THE PEOPLE WHO ARE TRYING TO BORROW!!!!!!!!!!!!!
focus27jg 2 years ago 3
great rant, and I think you nailed each point. I see a meltdown for you that may lead to something drastic. just do what is right for you and your family. the lord knows the intentions of all men.
1patriot1 2 years ago
Great vid...btw...this is off-topic, but I'd like to let everyone out there reading this know the Chinese Communist Party has been persecuting 70 million Falun Gong spiritual practitioners for 10 years in China, using US money. The media doesn't cover it. It must stop, so they can be free like we still are. Thanks.
darinmaclachlan 2 years ago
Good video. There are several good comments on this video, and I think once you look deeper into it, you'll be more pissed off than most Americans who don't know shit. We're turning into a fascist, communist (yeah, get your head around that one) state and very few people give a fuck.
PC1989 2 years ago
no contract is valid under fraud. every contract requires a like for like or value for value exchange such as property or labor. Since the money acquired by the borrower is a function of labor and production and the money of the lender is only a ledger entry fiction, the value component by the lender is zero, ergo, fraud. This invalidates the 'contract' and its obligation.
Now do you still feel a 'moral' obligation to pay the $1300?
radian314 2 years ago
Good rant,
It all started with those Bond-buyers (Credit swappers) who underestimate the risk of the CDOs and Bonds.... the Financial Industry did not fully understand the impact of PEAK OIL, which we saw happening when BBL rocketed up to $147
Note how OIL price is hanging around $50, and will flow northward once the economy (eg, marked by DJI) to $70,$90, $160 plus.....only to bring economy back down. This will end in HyperInflation, get GOLD and SILVER!!!! Obligations to selfsurvival
UnderseaCaveman 2 years ago
You hit the nail on the head about your word. People wonder about how can someone have crappy credit and keep their word. It's simple. I have never given my word to a corporation nor a corporate representative. They always want pieces of paper. A human wants my word on something they will ask for my word and I will give it. Giving your word means that you do it if at all reasonably possible.
Benadrit 2 years ago
I did what your agonizing about 3 years ago. but i am single and found a roomie who still cares so I could live in good neighborhood.
fedtheend 2 years ago
I hear you, I'm on exactly the same wavelength. A rational person will start to reassess his obligations when his counter parties are constantly "kicking over the game board" when they are losing. We are being raped, and we had better start to understand that what is being stolen is our children's futures. We should try some type of financial strike before this thing gets physical, but I am preparing for the later. God Speed.
forty4spikes 2 years ago
WHY SHOULD WE PAY THE BANKING CRIMINALS?
Watch William Black's video on Bill Moyer's PBS Show. All banks have committed frauds. Their contracts are all criminal and WORLD has to remove these people.
Best of luck Charlie.
pstachniak 2 years ago
And to think, about $100 of your $1300 per month goes to the principle. That's $1200 going to taxes, insurance, and interest.
jsnip4 2 years ago 2
F**K the Banks, Take care of yourself.... You have the right attitude now get the Balls to follow through..
MeteoritesPlus 2 years ago
cont'd ..... then yes you should pay him back...but any money from a bank whether its a mortgage or line of credit was not created with anyones' real labor...by real rights you don't owe the bank a penny...its the biggest fraud going around...and were not even talking about interest.
smileygphome 2 years ago
Smiley, you're absolutely right. With fractional reserve banking in place (thanks to the federal reserve's rules) all loans from banks are created out of thin air. Normally they loan out somewhere between 5 and 9 times the "reserves" they have on hand. The banks decided too much money was to be made so a lot of them started loaning upwards of 20 to 30 times the reserves they had on had. Even at 5 to 9 times it's fraud any way you look at it. A+
jsnip4 2 years ago
Hey Charlie...your really got a sense for the fraud the banks are perpetuating...did you know when you signed for that mortgage that the money was created with your signature...it was not on the books to begin with and no other depositors savings was used to give you money to purchase that home...that money was created out of thin air..if your friend worked 20 years with his sweat and blood to save a large pile of money that he in turn lends to you so you can buy a house.... cont'd
smileygphome 2 years ago
Keep your faith: all change begins with you and then your family.
You represent the real "Joe".
atradition 2 years ago
How is your credit score with Jesus dude?
DuncanDonuts3 2 years ago
A lot of people are being/will be tested. Your ultimate obligation is to keep yourself and your family safe and healthy. I can't tell you what the "right thing" for you to do is, because I'm not in the same circumstance you are. Hang in there.
sp4lg 2 years ago
When you make the conscious choice to reclaim your "God Given" sovereignty and declare "I am no longer your slave"! You must be prepared to fight for the right to even exist in this corrupted world. That is the ONLY war worth fighting!!
Welcome to the battle my friend!
lazerus9 2 years ago
Right on brother! You are a good man in a bad situation. Your obligation is the safety of your family, do what you can to protect them from what is coming.
zingalind 2 years ago
Obama has many people thinking that way, and it will only get much worse, this is going to be a long hot summer.
YouGotTheWord 2 years ago
The international bankers have been stitching us up for hundreds of years. Whereever you get central banks that practice fractional reserve banking then you will always get these boom and busts - the only long term solution would be for the central banks to come under public ownership and oust the private individuals who currently run them but i can't see that happening anytime soon, a book by G W Griffin called the Creatue from Jekyll Island explains it all and is well worth a look.
wesfree123 2 years ago
I'm not sure what's your problem. You can't pay for the mortgage now because you didn't read the fine prints before you sign it? I guess that's your own fault, you should have known better. If you think you have been duped into signing some contracts, then you should sue the party that's responsible.
deepblue1776 2 years ago
Before anyone starts simply going after "the rich" as if anything is bad about being rich, one should be more interested in HOW they got rich. Some people deserve every penny they've earned. I doubt there are any bankers in this catagory though.
Thopter 2 years ago
Most people have no problem with the very welthy being rich... provided they have earned it... we now have classic parasitism where hard work is poorly compensated and a self sacrafice
finefilth 2 years ago
Small print says it all . That in itself shows you are being deceived from the begining. If you want that loan ,say for a home ,you either sign that paper or no loan ! No home. Most humans are a greedy parasite upon this planet. only caring about themselves. We shall destroy ourselves
oldmillspice 2 years ago
the last time the bankers tried to overthrrow the US .. they found they could not do it due to out self sufficiency and egalitarian virtuous community... they have been deliberately destroying this concept while degrading human character with their institutions to divide and conquer us from within
finefilth 2 years ago
Yeah, but if you lose your good credit score the system is set up to screw you over, the modern equivalent of debtor's prison. You won't be able to rent that apartment. You won't be able to get a loan for a car should you need one. You may even be turned down for employment. However, if the banksters don't make their payments, we have to bail them out. What a fucked up system, huh? The elites see us as their slaves. That much is obvious.
eiwaz 2 years ago
yea, i agree with everything u say, except im not in debt.
u think the 'law' enforcers are gonna have pity??
theyre gonna lock u up, and experiment on u.
i bet u a billion yen.
lilbarrie 2 years ago
boycott everything. ignore society. fuck them. grow your food. buy silver. fuck your mortgage. fuck this whole lie. its bullshit.
chumbels 2 years ago
Google "Congress: What Bernanke and Hank Aren't Telling You" and read the article and look at the diagram. This is what you need to know about the Ponzi scheme that is the Federal Reserve. THIS is the cause, the reason for the financial shenanigans, the downturn in the economy, the housing scam, all of it.
todgor 2 years ago 2
Buy guns!!!
mtxjacker 2 years ago
People are waking up, rich people will soon be shaking in their boots!
mtxjacker 2 years ago
People need to start looking at who's rich and start writing names down.
mtxjacker 2 years ago
I feel your frustration. I say the same words. I believe it's time to do the RIGHT thing. Get off under as many bills as possible asap. You can't eat a credit score.
denmason 2 years ago
We need to redefine everything we think about. Right now life feels like an illusion or card tricks. It is true, we keep our part of the "social contract". At the other end is a lying machine and a waterfall of BS. Question now is how long are we going to last putting up with this failed system? It isn't going to continue very long. We don't need to discuss this. They are all broke and hopeful. I think it's disgusting. America does not have a real economy. WAKE UP. Modern slavery is real
curiousEGM 2 years ago
You can't do anything today without talking about or revealing information about your credit score. Today, you may not even be able to get a job because your credit is toast. So that means you get to starve to death and "screw you". Repulsive. This is it folks, enough is enough.
curiousEGM 2 years ago
Finance and the Occult are deeply deeply linked far back into history. The root of the problem lies in private land and resource ownership. Needing Money to live IS the scam. Governments NEVER work. We DON'T need them at all. The ONLY fair and equitable money system is one where everyone has plenty. Workable solutions to this exist.The link between money and labour is a complete fraud. Law is also an occult agenda at play. STOP CO-OPERATING.
Cruise4truth 2 years ago
Citi is too big to fail, you are not! Why would you get such a large mortgage payment in the first place?
WDeet 2 years ago
I have citi mortgage also...We need to file a class action lawsuit...Period..We own them...the need to forgive our loans...Period!!!!! just my opinion!!!
soul71 2 years ago
There is/was no contract. It was never fully disclosed to you when you signed the note. It's fraud on the part of the banks. They 'loaned' the value of the note(your note- your money) back to you with interest. You are finally beginning to wake up from the rip off of the last 90 plus years- but you still don't understand.Get more educated on whats going on. The banks via the federal reserve have admitted years ago in writing to what they do. Read" Money Money Mechanics" pub. by the fed.
chaihigh 2 years ago
It doesn't matter, they are going to get paid at point of payroll with taxes. All those dollars created from thin air by the private federal reserve bank were lent to treasury and forwarded to the banks as bailouts by US. We may get bailout bank preferred shares converted to common, the FRB gets treasuries backed by your taxes. The private FRB has AAA rated paper in superior position, we get common shares backed by rotting liar loans, credit card debt, and deretive counterparty risk. Rotten.
funnyboytrickski7 2 years ago
Well seems like you've got you're head screwed on right. You know what you want and what you should be entitled to as well as the pure injustice done to us by the U.S government and affiliates...like uh...THE BANKS!!. Of course Obama is gonna "pat them on the back"...he's working for them and wall street. He's not looking out for you or for me. He doesn't care about our welfare. It's Fucked up, but we are defined by a number attached to us. We're their cattle..if we let ourselves be.
FaithLessTQWH 2 years ago
True leadership will show people how to break the slavery we are under and thrive from it. Buy some vacant land, and build a house according to your means, start with a earth bag house, drill a well, setup solar panels and live beneath your means so you have more free time to spend with your wife/family.
KarasCyborg 2 years ago
Your frustration is palpable. There are more and more of us waking up to the fact that the old ways of doing things are done. We are at the end of a cycle. We need more people refusing to play the rigged game and reconsider our "obligations". Be careful with regard to gold or silver though. That's a rigged game as well. I've been cutting back on bills. No cable. Pay as you go cell phones, no land line phone. free wifi internet. Call me a cheap charlie, gotta do what we can do. Peace out.
abcbraveheart 2 years ago
We all ought to go on strike. F the credit card. F the mortgage. F. the car payment. They sit there and charge 21% interest AND take billions of dollars from us.
resanime 2 years ago 2
work harder, too big to fail investment banks on welfare depend on you.
mrzack888 2 years ago
Realtors and mortgage people didn't care about the credit scores of illegal aliens.
slaxr 2 years ago
You seem to have a lot of comments per number of viewers. Interesting. 301 views at this time. Now for the real message. Let go.
mayaburger 2 years ago
That is an excellent point. We all run the risk of remaining current on our obligations only to find ourselves laid off with no savings and no other job prospects. Do we hope the tree will just keep dropping nuts all year round or do we cut our losses and store up the excess now because there is a better than average chance the nut tree is about to have a run-in with a chainsaw. An apartment is cheaper than $1300.00. We are in a tight spot.
carp1844 2 years ago
I hear you. I have held back too. IT is all preaching to the choir.
WHEREtheFUNK 2 years ago
good video charlie, take care of your family yourself. go buy extra food and ammo. i have heard it takes 6 to 9 months for forclosures process. that gives you alot extra cash for essentials. f the banks and every other free loader on our economy!!!
redline1189 2 years ago
Charlie, you are not alone! SAME HERE:
Government bailout= Preferred stock= Common stock conversion= GOVERNMENT GETS MAJORITY VOTING RIGHTS= GOVERNMENT CONTROL OF THE BANKS! I made a video you commented on a couple of months ago that the banks have begun to nationalize the banks and people called me crazy, I HATE BEING RIGHT!
FreedomForYouAndMe 2 years ago
thanks man
crabbydogtrix 2 years ago
I think I understand the internal conflict your feeling crabbydogtrix you can currently afford to pay your mortgage but you now know your over paying. We all know that salaries are falling in this country and will continue to do so until they are more in line with salaries around the world. When your salary likely falls you will not be able to pay that much. You should throw off that bad debt now and use the money for other things while your still getting paid more than you will be.
bunsh1ch1 2 years ago
HA my credit score crashed last year when we had no other option than to close our small business putting us and 8 others out of work. I stopped paying BOA a few months back and surrendered my car back to them before they repo'd it. Ever since they got the bailout money I've stiffed those mofo's.
cv1122 2 years ago 2
im about there too
crabbydogtrix 2 years ago
They're called "contracts of adhesion" - a contract (often a signed form) so imbalanced in favor of one party over the other that there is a strong implication it was not freely bargained. An adhesion contract can give the little guy the opportunity to claim in court that the contract with the big shot is invalid. This doctrine SHOULD be used and applied more often, but the same big guy-little guy inequity may apply in the ability to afford a trial or find and pay a resourceful lawyer.
EvilUSAandthe911Lie 2 years ago
What you're saying about the credit score is a practical matter that the scam artists use to get and keep people enslaved to the adhesion contracts.
Morally, however, you are right, and they are wrong. There is no need to feel morally obligated to a scam artist. So, if you truly don't care about you credit score, then you should not care what anyone else, who decides to keep up their credit score, thinks of your personal decision, since you are morally in the right.
EvilUSAandthe911Lie 2 years ago
All that being said, remember, guy, that many landlords do credit checks before they rent.
I know, I know. It's a big frickin' monopoly game controlled by a bunch of power-mad, ruthless, evil frickin' bastards.
EvilUSAandthe911Lie 2 years ago
Comment removed
EvilUSAandthe911Lie 2 years ago
Weigh up the money owing, the emotional value of not owning the propertie and the investment of six to nine months of staying on the fence
jon1230s 2 years ago
Thats why I rent.......Hang in there man.
bossmanstalian 2 years ago
yhe new american dream
crabbydogtrix 2 years ago
you take the words right out of my mouth. I share these same frustrations...
missesmakawimaxton 2 years ago
thank you
crabbydogtrix 2 years ago
stay in your home as long as u can squtter if u know what i mean. but if u file bankrupcy know all your banks subsideries they can sue u after u file
littlemouseshouse 2 years ago
Maximize your cash, if you stopped making payments, you'd prob have 2 maybe 3 months before they take action. Once they start, you have one to 2 months, then you can get a lawyer and ask them for the note, that could give you 1 month to 3 months, then eviction if they go that route could be 30 days. I've seen this over and over here in LA. Do the math.
Credit score means nothing if no one is lending and it will mean less when the dollar is worthless.
Save money, buy food & water, and seeds
nwosigns 2 years ago
Do what this guy says and right before they wreck your credit score to 300 go and get in that appartment you mentioned...or at least secure the lease so you can have a place to stay once they finally evict you. Are you responsible for children crabbydogtrix?
cwmillerrn 2 years ago
Are you living in a non-recourse state? The could attach future earnings if you ar not. Best to go into the battle well prepared.
jocknomore 2 years ago
STOP PAYING YOUR MORTGAGE if you are underwater! I put my 20% down on my condo, was lucky enough to since cash 10% out on a HELOC, I scoffed at the 100% financing offer I had at the time, wish I would have done that now! I am underwater, and Wells Fargo got plenty of my money from the government so I stopped sending them anymore 6 months ago! They are going to foreclose on me this month I think, we'll see if anyone gets around to throw me out, I don't care anymore...
DontTread0nMe1776 2 years ago
lets do it, everybody, just walk away from your obligations to the banks...I feel that way too
wrinkles1931 2 years ago
I cancelled my gym membership almost two months ago, and they still charged my account yesterday, I thought I had 28 dollars left in my checking, so I used my debt card to buy a coke, a little later I bought some milk, and then stopped and bought one (large)beer on the way home.... All three charges, which totaled less tha $7 dollars cost me $75 because of the gym charge, $75 dollars, for $7 in overdrafts, (which I'm trying to get straight now with 24 hour fitness ) "Chase" bank????
wrinkles1931 2 years ago
Awesome, tell it bro.
darkworldprophet 2 years ago
The rule of law is being attacked in this country from the top down. Without the rule of law, assets are worthless. The whole system will fall apart. This is what the big bankers don't understand. If the "Little Guy" decides to take his football home, the game ends.
mcgrawtim123 2 years ago
It seems the Big Banks have taken the football and gone home. We were beat to the punch.
JCSY44 2 years ago
You see, this is what I've been screaming! Dude stop paying the fuckers. Keep that money mate. You fulfilled your end, they failed and got rescued. It happens over and over again. When you die, are you concerned of having an excellant credit score? Does anyone that matters really care about your credit score when you die? I'm glad to see you talking like this. Keep it Up!
thecursedland 2 years ago 2
Good video Charlie, A credit score is for those that insist on living their lives in the bondage of debt. Think clearly, Plan wisely, Shake the shackles off. All the best to you.
bufforilla 2 years ago 4
Charlie-
You were brought up right. Keep your word and you will be a better man for it in the long run.
I think the key is to do what you can to get out from under as many obligations as you can. Get to the point to where you owe no one.
You are a smart guy charlie. Do the right thing. Don't compromise your integrity just because you are angry.
scutter4christ 2 years ago
Do the right thing? By further insinuating that what is happening is right? NO! It's not right, it's downright scandalous and shouldn't be accepted as the norm!
thecursedland 2 years ago
Go Charlie! Don't pay the serpents. Sound economics is based on Consumption / Production Savings / Investment. Most of peoples income goes on servicing debt. This is wrong. It should be going to the real economy. Spend it on locally produced economy and precious metals economy. Let the banks fail, we will have no debt!
Lynchian74 2 years ago 2
Charlie, I'll bet this "rant" (you call it) is what people are saying/ or thinking all over right now...this is probably the "second wave"...ie: those who had their "ducks lined up" during the foreclosures, are now feeling the pressure the banks are passing down.
"damned if you do, damned if you don't"...(a loan-sharks "wet dream")
redmoonspider 2 years ago 2
i have been think about the same thing
Demon4403 2 years ago
*nods*
abedanger 2 years ago
the worm is turning
or97035 2 years ago
"Here I come to save the Daaaaaay!"
I saw VisionVictory Daniel the other day doing a video of your Govt. helping the value of your home go back up again !!
If the destruction of the new properties continues into your region then it'll all be fine again soon.
For life to exist there needs to be a little destruction
watch?v=krcNIWPkNzA
machinenation 2 years ago
0bama and his puppet masters are going to help property values go back up by printing lots of money and making the value of the dollar go down. I hear a one room grass hut in Zimbabwe is going for about 350 quadrillion dollars right now, oops nevermind, no one will accept the paper anymore! A few grams of gold will buy it though!
DontTread0nMe1776 2 years ago
(continued)...I will rent a condo in the same building for less than my mortgage was, after this summer I need to move out of downtown anyways, the cities will not be the place to be after the collapse. My FICO score was 800+ until Amex cancelled me on a whim (which made me realize what bullshit a credit rating is), I want a FICO score of about 2! Another bonus to going into foreclosure, you can cash out what is left of your 401K! Buy Beans, Bullets, Bullion, and Bourbon instead.
DontTread0nMe1776 2 years ago
I hear they're now running out of trees for the printing in Zimbabwe, luckily we have e-money in this hemisphere.
I'm not advocating violence but I feel that people across the world should try to organise and try to help each other. I think there could be a significant movement out there which could bypass the Vampire economy of profiteering bankers and call its own shots. Using ethical banking perhaps, supporting cottage industries.
We need to leave a better world for the kiddies ..
machinenation 2 years ago
Nobody ever lay on their death bed wishing that they had achieved a better credit score!
CelticReject 2 years ago 5
I agree. Preaching to the converted achieves very little. It doesn't matter where you live as long as you are safe, content and have piece of mind. I'd rather he happy in a slum, than miserable in a castle.
CelticReject 2 years ago 3