DONT PAY , much Bankers' money don't exist .... so don't pay back your loan.

[fixxi.net]

I remember a story about a mortgage taker who won a case in court against the Bank arguing that the money they gave him doesn't exist so he doesn't have to pay back ( minus some admin fees I guess ) I guess this was argued using Fractional Banking ??

Anyone know more about this ? Or a lawyer who can pull this off ?

I am willing to participate in an organized campaign like that if we have the right lawyers and enough people participate ??

For example can we duplicate that previous case  ?

[1714866932]

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[Bitcoin Oz]

The legal system is funded by the same banksters

[pieppiep]

Do you just remember the story or do you have any sources confirming this?
I remember I can fly when I want to.

[Gabi]

Nonsense. With the loan you bough REAL things.

[Raoul Duke]

Is this like those guys that sell ebooks that tell people to stop paying the IRS and yet they pay taxes on the ebooks they sell, do as I tell you, don't do as I do bullshit? lol

[Gabi]

They are clever. They sells ebooks and make PROFIT

[knight22]

Fixxi you are absolutely right about the fact that loans are not real money. All money that people have represent in fact a dept someone owe to a bank somewhere.

I invite people to watch these 2 videos of Paul Grignon entitle Money as Dept part one and two to fully understand the scam behind this monetary system.

http://vimeo.com/2244372
http://vimeo.com/6822294

This system must be replaced and bitcoin is a real opportunity for all of us except the bankers.

(Please don't reply to me without watching these videos)

[fixxi.net]

Fixxi you are absolutely right about the fact that loans are not real money. All money that people have represent in fact a dept someone owe to a bank somewhere.

I invite people to watch these 2 videos of Paul Grignon entitle Money as Dept part one and two to fully understand the scam behind this monetary system.

http://vimeo.com/2244372
http://vimeo.com/6822294

This system must be replaced and bitcoin is a real opportunity for all of us except the bankers.

(Please don't reply to me without watching these videos)

great videos watching now.

That is my reasoning for the Original Post.

they scam us, government debt will never be repaid it will be erased through a war or hyper inflation. That is certain. It cannot be repaid mathematically and they do not want to repay it since it will mean removing all money from society... means all talk about repaying debt is total bs.

This is already talked about on the internet ... but there is no organization .. that is what they have against us. ORGANIZATION.

 We must do something ... the money system is created for us to work like horses ... there will be no end to working ( slaving) in this regime

Why can't we do the same ? Just take loans over loans. Of course this will go to court eventually, but that is the point TO MAKE PUBLIC CASE ON IT and publicize the truth.

[fixxi.net]

Is this like those guys that sell ebooks that tell people to stop paying the IRS and yet they pay taxes on the ebooks they sell, do as I tell you, don't do as I do bullshit? lol

100 % of top US companies don't pay Taxes in US. I worked in bermuda. Corporations have at these offshore zones like  one-room offices sitting one secretary in there ... then they  pay taxes there.

Taxes by the way are well tied with Private banking, and are as illegal as them. There is no economic freedom anywhere that I know of. It is all about telling us the opposite.

[malaimult]

i remember my friend didn;t pay the mortgage and lose the house and even his car 
please share the court house so we can all go and win the case against mortgage companies

[knight22]

I agree that we must organize ourselves against this system and inform people of this scam. But how can we get organization without any resources? Do you have any idea for doing this?

[malaimult]

knight bro don't get caught with the post idea 

[knight22]

Nah, unfortunately, I know that there is a bunch of law allowing the banks to make this scam.

[fixxi.net]

I agree that we must organize ourselves against this system and inform people of this scam. But how can we get organization without any resources? Do you have any idea for doing this?

Subscribe to this thread if it suppports lets keep it here....

We need more people, we need a lawyer to comment on this..

Standing for our right is complex matter...

[Bitcoin Oz]

This is what Occupy is trying to do.

[ShireSilver]

I remember a story about a mortgage taker who won a case in court against the Bank arguing that the money they gave him doesn't exist so he doesn't have to pay back ( minus some admin fees I guess ) I guess this was argued using Fractional Banking ??

Credit River Decision

In this case, First National Bank of Montgomery vs. Jerome Daly, the bank was seeking possession of property that it had already foreclosed the mortgage on. The jury decided against the bank. The landowner's defense had been that the bank had not lent him any actual money, but had simply created credit on its books, and therefore, since nothing of value had been advanced by the bank, it was not entitled to the property that had been given as security for the loan.

[fixxi.net]

This is what Occupy is trying to do.

Who is Occupy ?

[fixxi.net]

I remember a story about a mortgage taker who won a case in court against the Bank arguing that the money they gave him doesn't exist so he doesn't have to pay back ( minus some admin fees I guess ) I guess this was argued using Fractional Banking ??

Credit River Decision

In this case, First National Bank of Montgomery vs. Jerome Daly, the bank was seeking possession of property that it had already foreclosed the mortgage on. The jury decided against the bank. The landowner's defense had been that the bank had not lent him any actual money, but had simply created credit on its books, and therefore, since nothing of value had been advanced by the bank, it was not entitled to the property that had been given as security for the loan.

In that case apparently the Bank owner admitted that "law" doesn't permit to create money without anything real behind it ... the way the banks do.
http://www.youtube.com/watch?feature=player_detailpage&v=xSqi1N_RrUs#t=93s


However according to this http://en.wikipedia.org/wiki/First_National_Bank_of_Montgomery_v._Jerome_Daly#Additional_sources ,

the court decision was overruled the next day by a higher court.

======
Need to read a little more... but the answer to all this seems gonna be an ugly one.

[Deafboy]

By not paying the loan, you are creating "real money" from "not real money" and inflating the other peoples money

[grue]

This is what Occupy is trying to do.

Who is Occupy ?

occupy wallstreet movement