WHAT DID HE SAY OVER 200 YEARS AGO ????

IT's TIME TO CONFRONT THE BANKS......

The BANKS or the FEDERAL RESERVE must be held responsible for this recession/depression!!!!!

Thomas Jefferson said in 1802: '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.'

Thomas Jefferson (April 13, 1743 – July 4, 1826) was the third President of the United States (1801–1809) and the principal author of the Declaration of ...

Short biography from the official Whitehouse site.
www.whitehouse.gov/about/presidents/thomasjefferson -

My opinion................

We all know that Thomas Jefferson was one of the most intelligent men that has ever lived. Easily ranking with Winston Churchill, Nelson Mandela, Abraham Lincoln or George Washington a government leader.

When will we learn to listen to our elders??????

Are we, today strong enough to make the changes necessary to our over domineering banking system???

Will we, the AMERICAN PEOPLE continue to allow our financial system to run us into the ground?????

Why do we allow our government to run our finances in a way that we would never

run our family's finances. In fact, we would lose our homes and businesses if we ran our

own finances that way!!!!!

I SAY.......STOP NOW ....... TO OUR POLITICIANS. WHY DO THEY THINK THEY CAN CONTINUALLY BE REELECTED??????

Every time you vote, check the politicians financial record first. Over the course of many elections we will eventually get the financially irresponsible politicians replaced.

We will stop passing this ENORMOUS DEBT onto our children.

Thank You for reading. Larry Tutino, Blog Founder

WHAT NOW?????

Foreclosure Overview & Foreclosure Process

What is Foreclosure?

Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments (usually mortgage payments) and the lender files a public default notice, called a Notice of Default or Lis Pendens. The foreclosure process can end one of four ways:

1. The borrower/owner reinstates the loan by paying off the default amount during a grace period determined by state law. This grace period is also known as pre-foreclosure.
2. The borrower/owner sells the property to a third party during the pre-foreclosure period. The sale allows the borrower/owner to pay off the loan and avoid having a foreclosure on his or her credit history.
3. A third party buys the property at a public auction at the end of the pre-foreclosure period.
4. The lender takes ownership of the property, usually with the intent to re-sell it on the open market. The lender can take ownership either through an agreement with the borrower/owner during pre-foreclosure, via a short sale foreclosure or by buying back the property at the public auction. Properties repossessed by the lender are also known as bank-owned or REO properties (Real Estate Owned by the lender).

Most of us have never faced Foreclosure prior to 2007. Most of my Clients have never experienced Foreclosure. This article is meant to be a FORECLOSURE 101.

For more info or help, email Larry, Blog Founder anytime at

FORECLOSURE FRAUD: The homeowner nightmares continue

WHOA !!!!!

Read this link below for the real news on Banks and their BS........

http://www.bringbankstojustice.com/foreclosure-fraud-the-homeowner-nightmares-continue/

the big banks have routinely committed fraud in their foreclosure filings and their records of how much people owe are too often wrong.

Be sure and check out my comment

at the bottom of this article.....

Here it is........

Larry Says: Your comment is awaiting moderation.

I regularly talk to Clients facing foreclosure. A constant is that they have tried to work it out with the Bank. But after researching REO to investor sale prices, I can see that the Bank make a bout 10% more by throwing the homeowner out, reselling and tacking the “defecient balance” onto the past homeowner anyways.

Great that banks make profit but why do they have to take advantage of the hard working homeowners??? A Pastor’s wife (a widow) is losing her home after 25 years. Are you kidding me??? I know of dozens of stories like this.

Oh yeah, and we are the ones paying to bailout these ripoffs at the Banks. Prosecute whomever is the thief.

From Larry Tutino, Founder of this Blog

IMF points the Finger at USA..

IMF points Finger at USA......

The global organization faults tax incentives and low-income housing goals as contributing to the near collapse of the housing market in the United States......

The meeting between President Obama and top lawmakers on the budget ended with no agreement but further talks are scheduled......

Please read more at .....http://www.smartrealestatenews.com/

Copied from Smart Real Estate News & Commentary by Chris McLaughlin April 8, 2011

FYI from Larry, Blog Founder

FEWER FORECLOSURES in Last Quarter....

This is GREAT NEWS!!!!!

Monday, April 4th, 2011, 7:51 am

Freddie Mac Chief Executive Officer Ed Haldeman said less than 4% of the government-sponsored enterprise's single-family home loans are at least three payments behind or heading into foreclosure.

Read more at..... http://www.housingwire.com/2011/04/04/less-than-4-of-single-family-loans-are-delinquent-freddie-ceo

Passed on to you by Larry Tutino