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Save What You Can – Our Economy Is Going up into Flames – Dave Hodges Calls Out the Sheep

Saturday, October 1, 2016 15:07
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Save What You Can- Our Economy Is Going Up Into Flames-Dave Hodges Calls Out the Sheep

This is an epic rant as Dave Hodges calls out the cognitive dissonance crowd who are permitting their country to stolen right out from under their feet.  This is a can’t miss podcast. Make this go viral as the “do nothing citizens” are called out by Dave.


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Total 4 comments
  • Ideas Time

    The elite would have already collapsed the economy but Americans are to resilient. The under ground economy is what is holding America together and they is why they want a cashless society. They do not get to be parasites when people can make money they do not have control of and can steal.

  • 3RD BORN

    Dave, I believe what the public needs to hear & learn are the fraudulent actions of the banks regarding mortgage loan securitizations. Allow me to explain it briefly & clearly.

    Instead of taking a mortgage loan in the bank’s name (as is a required act of a financial contract), they all used an electronic registration system called Mortgage Electronic Registration System (MERS). MERS maintained the listings of each loan of house value, loan amt. interest rate & term and allowed ANY bank using MERS to access the list. The bank then randomly chose 100 or so of them that totaled various value of like $5 million, $12 million or any amount and pooled them into something on the order of a stock, trust and derivative combo purchase & sold them as investments for retirement accounts, capital funds accounts, health care fund accts. and so on. Corporations, municipalities on all levels, organizations, societies & hospitals, etc. would then purchase the pooled account of mortgages, expecting returns of 7-14% as that was the range of interest rates then.

    HOWEVER, MERS was not notified so did not record whenever a mortgage loan had been includied in a sold pool as an investment, and the banls just continued packaging 100 or so of the mortgage loans into a package and selling them for its face value (the total amount of the included mortgage loans), thus selling most houses as collateral of the investment perhaps 6 to 8 or more times. Understand that means that the mortgage interest rate was being allocated as the income to the company or entity that had purchased the pooled package and it was what was to generate the investment return to the investor, and the very same loans had been sold to several different investors.

    When defaults commenced on the marginal loans, no one knew (or even today, knows) what bank or banks made the loans and could foreclose on it to payoff the mortgage & clear title to resell it. But the major problem was how to distribute the monthly interest payments to several investors who had each paid for them at 100%; or how to distribute the resale funds to which investment group.

    On top of the fraud that banks were paid off in-full for each loan in the pool and they were also paid in-full EACH rime a property was included in another pool, they had further taken out a type of credit insurance on the loans in which an insurance company that was licensed to offer credit swaps paid the bank the amount of the loan that was defaulted on; AND, the same loans were thus insured by each different insurance company, so lenders were often paid perhaps1-5 times for the very same loan default after they had also been paid in full by the investing organizations/entities multiple times. That fraud caused AIG’s and others’ collapse.

    This is how hundreds and hundreds of retirement accounts, and the other types of accounts of the investors lost their capital –the monies retirerees or employees, or companies offering health insurance and municipalities were counting on.

    This is the scheme the national lenders—the Kharzian & Rothschild banks– took global, reselling the very same loans that has caused this global financial collapse to and within almost every country. It worked so successfully that they did the very same pooling & central electronic recordation of car loans, student loans, and credit card balances. These fraudulent and thieving schemes are what put $114 TRILLION dollars in play across a globe that could account for only $6.9 Trillion of cash. Deutsche Bank was the most active bank in packaging an investment.

    I hoped I explained it simply & clearly enough to identify the frauds and thefts of and around the entire globe by the banksters.

    • P

      Great explanation! Here’s a question I’ve been asked but don’t know how to answer [maybe you do]: should people pay only the principal +/- insurance escrow that is/are listed in the monthly mortgage statement? If they do this, what are the ramifications? Thanks!

  • Pink Slime

    The world is built on FRAUD. This is Satan’s world and it is dominated by TWO forces of his MO. The LIE and the MURDER.

    Your money is phony making the debt phony but they want the payment is REAL. Causing mental anguish. To further exacerbate the situation they want to use the phony money to value the REAL gold but how is that possible??? Further madness!!!

    The German Wiemar “inflation” problem proceeded the Stock Market crash which proceeded WW II. In all of it mingled a little German tyrant named Hitler.

    AND Germany started WW I and WW II. DO NOT be surprised this little problem of theirs AGAIN leads to another WORLD WAR. It took a little over 20 years for all the above to happen.

    Will it take another 20 years or less? Falls in line with what Bible scholars say is less than 23 years left on this planet of the misrule of mankind.

    If so, this world is in for a rough ride leading to an even rougher end. The tribulation, first on America & Co., then the rest of the world. :evil: :twisted:

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