Wednesday, April 30, 2008

Bank On It

What our friend below predicted is true, we are waking up homeless on the continent our fathers conquered. A record number of homes are being foreclosed on everyday! Hear the pleas of the people: Restructure the loans and cut interest rates on all loans including credit cards. This will make it feasible for hardworking Americans to pay because the majority of those in trouble truly have a desire to meet their obligations. I look around and see struggling families trying to make ends meet. Even those who are able to keep their homes are losing value every day. These homes were a part of their retirement. The banking industry is the guilty party here, you can bank on it. We should have more control given to us at the state level. The banking industry is complicated enough but federally controlled banks are even worse.

"We need less regulation and more salvation." Mary Jo Boven, Letter to the People via Blog, April 30,2008.

Mary Jo's Opinion.

“I believe that banking institutions are more dangerous to our liberties than standing armies.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
3rd president of US (1743 - 1826)

Tom's Opinion

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