Your banks have defrauded you

 All debt contracts, because the money was created from nothing, is null and avoid, including the $33T US national debt. This argument will be the torpedo into the airshaft of the Death Star and the equivalent of throwing the ring of power into the fire of Mordor. 

I think the simplest argument is

1. The right of repossession depends on the right to ownership 

2. The right to ownership depends on the validity of the ownership claim

3. The validity of the ownership claim depends on the validity of the contract of sale

4. The validity of the contract of sale depends on consideration being given by both sides

5. The validity of consideration depends on each group possessing the right to ownership of each asset given as consideration 

Therefore, since the bank did not own the money it put up as consideration for the contract of sale, therefore the bank did not put up valid consideration, does not have a valid contract, does not rightfully own the title to the property, and therefore has no right to repossession 

Therefore, run up your credit cards with gold and silver and all other materials goods. Don’t repay. Don’t recognize the banks authority to claim title to your title. The banks have no right to collect. They don’t rightfully own the title.

Soon the fiat paper currency of the world, the tools of fraud, will burn and become like their source, nothing.

The day after, we will rebuild. 

Who is John Galt?

How Loans are Made (and why they are illegal)

 In today's banking system, the practice of mortgage loan making is immoral, unethical, and ought to be outlawed as fraudulent. In this post I will outline the way a bank makes a loan and why this practice is wrong.

Step 1: A property owner decides they want to sell a home for $500,000. 

Step 2: A prospective buyer wants to buy the home but doesn't have $500,000. Therefore, the prospective buyer is unable to purchase the property. They therefore ask the bank to purchase the property on their behalf with an agreement to purchase the property over time in the form of a mortgage loan.

Step 3: The bank creates $500,000 

Step 4: The bank gives the cash to the seller in exchange for the title to the property. 

This is the first sale of the property.

Step 5: The bank gives the title to the buyer in exchange for payments made over time, usually 30 years. Until all the payments are made, the bank retains ownership of the title. Once all payments are made, the bank transfers the title to the designated new owner. 

This is the second sale of the property.

Every mortgage created in the current modern banking system follows these five simple steps. 

Why is this fraudulent? It is generally known that money creation is considered a form of counterfeiting. If you were to print $500,000 from a home computer and use that money to buy a house, the contract would be considered null and the title would be given back to the original owner. Because the bank creates the capital needed to secure the first sale of the property, they are committing a form of counterfeiting. They are not brining anything valuable to the sale of the title. Since the bank did not own the $500,000 prior to the sale of the property, the bank defrauded the original seller. 

Subsequently, the mortgage the bank created is also void since the title used as consideration for the loan does not rightfully belong to the bank. In other words, since a private person cannot kick his neighbor out of his house and then rightfully sell it, neither can a bank steal a house by way of counterfeit and then rightfully use the title to that house to secure a loan. 

Therefore, the bank's right to repossess the property is null and void and the bank's right to claim loan payments is null and void as was decided in this 1968 court case in Minnessota. 

The Case Summary

The Press Afterwards

A properly functioning justice system would expeditiously transfer the title of the property back to the original owner and force the bank to pay the buyer all historic loan payments.