We are rich!

2009-06-01 • Letter

You may not think it, the way we are told of the failure of the mega banks and industries, but we are.....rich. Americans, Middle Americans are working, making money, paying debts and living their lives of foolish stupidity. This is because of the lack of basic education in an area of your life that affects and effects your future. Interest on your loans, are now at all time lows! But the loans are at all time inflated highs... what this simple fact means is your ability to wealth has been cut by the banks and insurance groups that your government is pouring billions of made up fake money into. The fact is, interest is a funnel that strips you of cash and pours it into a few peoples hands. Interest rates plus inflated home values means you are charged three to five times the value of that home. It means your payments for half the loan period are 50 to 90% interest, or put another way, that thirty year loan is twenty two years interest and eight years on the principal. The fasest way to kick start the American economy, a thing the banks and government do not want to happen, is cut interest by half and the inflated value of that home by one third. A hundred million homes, $500 of interst now kept in the Middle Americans hands is $5,000,000,000 each month that would be used to buy, rebuild and invest by the Middle Americans and it would give them a real chance to earn wealth. But this is simple. It is dangerous because it might cause the people who own America to awaken and say, what else, where else have we been stolen from? Fuel, medical, education, insurance! Middle American, Casey---it is time to awaken the sleeping Giant and take back this nation!