When the money was originally loaned to the homeowner, by the Fed, through a local bank, it didn't have any value. The Fed had created it out of thin air.

Now that much of the original has been repaid and re-loaned - maybe many times over - it might appear to have value... because the homeowner and others repaid it with the sweat off their backs. So, it appears to have the value of their labor.

This is a deception, designed to change the focus. It still never had any value in the first place. Because of this, we never borrowed anything in the first place... except, maybe, thin air.

If we didn't borrow anything, there is no way we can repay it. There is NO WAY. It is IMPOSSIBLE to repay something you didn't borrow, no matter how many pieces of paper say that you borrowed it.

So what is it if it isn't a repayment? It is a GIFT to the banking system.

ALL the money gets GIFTED to the banks. ALL of it, since it was all "non-loaned" in the first place. So, where do we get the money to pay the interest? Oh yeah, we "non-borrow" it from the banks.

Congress, the President, and all the judges know about and endorse this scam. You are being royally screwed by your own Government.