Every foreclosure involves criminal acts by the bank. They count on our lack of knowledge and our lack of action in their assault upon our liberties. As far back as 1933 HJR 192 made it impossible for any of us to pay off a debt.
Banks do not have money to loan. Our promise to pay is what banks count on, it's what they bank on. Our signature on the Mortgage Note triggers secret banking activity that pays off the bank note. At closing " studied concealment, " and " misrepresentation, " of the law banks are perpetrating fraud against us.
Mon Sept 20, 2010
Subject: Studied Concealment – Fraud Deceit Trickery Cheating by Mortgage Lenders
September 18, 2010
Fraud: a) deceit; trickery; cheating b) Law intentional deception to cause a person to give up property or some lawful right.
I am sure by now, all of us know someone or have had first-hand experience with the criminal act of foreclosure. I say criminal act because after researching the subject thoroughly, there is no other way to honestly explain the foreclosure epidemic. A few months ago, I wrote an article highlighting the actions Liberators11.org have taken against our beloved criminal rogue government. Well now, Co-chair of the Liberators, Loma Wharton, has concrete documentation that Umpqua bank is indeed involved in fraud. While going through the extremely stressful process of being foreclosed on, Loma decided to take action by documenting and challenging the felonious process.
Let us start with the promissory note. The promissory note is the contract that one party (the maker or issuer, Loma) made with another party (the payee, Umpqua Bank) under specific terms. However, it has become a re-occurring theme or practice for this fraudulent fractional banking system to breech these two party contracts (promissory notes) by selling the notes on the market without knowledge of or consent by the issuer. So, Loma formally requested to see her original blue ink note and when she and two witnesses, David Jaques and Rae Copitka, met with Umpqua Banks loss mitigation specialist and Vice President, what was presented for inspection was a color copy of the alleged promissory note, absent the mortgage instrument. When Loma asked where the mortgage instrument was, David Clardy (VP) stated several times during the course of the meeting that the mortgage instrument had been sold to Federal Home Loan Mortgage Corporation (breech of contract).
At this point I would like to stress the fact that the banks actually do not have any money to loan and they never had. So, who loaned the money and where did it come from? In 1933, House Joint Resolution 192 made it impossible to pay debt. So what we think is money, is actually debt or a promise to pay made by the United States. If you were to take a “Federal Reserve Note” with a value of five dollars and wanted to buy something, you would be making a purchase with a “Note” (promise to pay). It is not backed by anything, no gold or silver backing the federal reserve “note” that we call money. ”At the closing table, to complete the transaction to purchase your home, aren’t you tendering a “Note” with your signature, which would be considered money? Notes are money in the monetary system! So when you tender the “Note” at the closing, why aren’t you informed that your home is paid for at that moment? In all actuality, it is paid for. Your signature on a “Note” makes that “Note” money in the amount stated on the “Note.” (WHERE DOES THE FRAUD BEGIN)
Through studied concealment and misrepresentation of the law, the biggest hoodwink in the history of the world has been perpetrated upon the American people. This fraud has been allowed to go on for far too long. Loma is taking the necessary steps to expose this racket and to free the American people from the bondage of the banks. In part 2 of this series I will chronicle Loma’s efforts to effect a remedy and further expound upon the lawful remedy contained in the links below. Until then, these links have all of the information that you need to take action now.
Tags: Bank Fraud, David Clardy, David Jaques, Federal Reseve Note, HJR 192, Loma Wharton, Rae Copitka, Scott Croucher, Studied Concealment, Umpqua Bank, Where Does the Fraud Begin?, www.liberators.org, www.wearechangeroguevalley.org