[CitizensTruth] [Fwd: Mortgages and the Meltdown]

[Geri Perry]

-------- Original Message --------

 

 From our friend John Wilson in Australia...Virginia
 
Dear Fellow Australians and Our Friends in the USA,
 
"MELTDOWN".... a nuclear meltdown is a term for a severe nuclear reactor 
accident which poisons the environment with lethal and mutagenic radiation. 
 
The present financial crisis is called a "meltdown"...and it's most 
appropriate....however, I do not believe there is anything "accidental" 
about it.
 
This "meltdown" is directly attributable to the fraudulent and sinister 
practices of the Banks -in the same way that a nuclear meltdown is a 
result of faulty design, construction and method of operating.
 
Banksters worldwide have been allowed to get away with systematic theft 
on a scale that is beyond imagination....and, now, it is entering the 
next phase.
 
Judges are equally to blame because Judges condone and conceal the theft.  
 
When one honest Judge, Martin V. Mahoney, exposed the "money out of thin 
air" scam with the "Credit River Decision 1968", he was murdered.
 
The "Money Masters" video exposed the scam of "Fractional Reserve 
Banking", years ago...but the US Congress cover it up.
 
When I present evidence of this fraud to Australian Judges, they 
disregard it and convict me without Trial by Jury.
 
Here is one of the latest reports on the subject: "  By the end of 2007, 
Lehman Brothers had $700 billion in assets against a capital reserve of 
only $23 billion. In other words, they were "leveraged" 30 to 1 by 
borrowing, a number so high that it deserves to be called nothing short 
of reckless. When their assets stopped earning the expected income 
because of mortgage defaults, they started having difficulties paying 
back their liabilities. Finally, the "short-sellers", sensing that these 
institutions were in trouble, drove their stock prices down to 
ridiculously low levels".
 

News out of the USA is that a $700 billion "Bail Out" will be paid for 
by the American People and delivered to the Banks by the US President.  
Of course, this will do nothing more than give Bank C.E.O.s 
multi-million dollar retirements and the "meltdown" will escalate with 
the American People going further into debt to the I.M.F.

Another proposal is to "freeze" foreclosures....not a 
cancellation...just a short-term restbite so that the Robber barons can 
come back later and steal the homes of the victims.

_What is needed_ is what was done in Australia by King O'Malley (1858 - 
1953) to create a National Bank, ie: the original Commonwealth Bank of 
Australia.....  http://cecaust.com.au/election/Commonwealth%20Bank.pdf 
<http://cecaust.com.au/election/Commonwealth%20Bank.pdf> to break the 
stranglehold of the World Bank and put an end to its "Drive for World 
Control" (Jeremy Lee).
 
The _only_ RESCUE OPERATION is to seize control of money away from the 
private Banks, eg: the Federal Reserve Bank.
 
There is no shortage of honest, intelligent and capable economists to do 
this. ...but, will the Banksters allow it???    The Banksters know that 
this "meltdown" will make them more powerful and more wealthy. 
 
Where are the PEOPLE'S GRAND JURIES to indict the criminals?
 
Yours sincerely,
John Wilson.
 
 
 
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