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IPFS News Link • Housing

Heh, It's A Bankster CRIMINAL Indictment!


The 606-count indictment alleges that the two title officers, Gary Trafford and Gerri Sheppard, directed employees under their supervision to forge their names on foreclosure documents, then notarize the forged signatures, so that it appeared that the pair actually signed the documents.

The pair then allegedly directed the employees to file the fraudulent documents with the County Recorder's office in Clark County, Nevada. The grand jury found "probable cause" that the alleged scheme "resulted in the filing of tens of thousands of fraudulent documents ... between 2005 and 2008," said Nevada Chief Deputy Attorney General John Kelleher.


2 Comments in Response to

Comment by PureTrust
Entered on:

There is a good part to the idea of using a debt-money system. Here's how it would work if it were done honestly by bankers and politicians.

Value backed money, gold and silver backed money, can be impractical. If the population grows way beyond the amounts of gold and silver mined, it is difficult to make enough money to go around. Debt-backed money takes care of this problem.

What the bankers should have done when "loaning" money, was to take their payment in the form of a small, set fee. To keep the people from requesting loan money to the extent that hyper-inflation would have resulted, banks should have required the borrower to repay the money he already had borrowed, according to something like today's credit system.

The repayment money, including the interest, should have been placed in trust, at least on the books, to be returned in full value to the borrower after the loan was completely repaid.

There isn't enough space and time to write about this properly, here, but by keeping the money, the banks have literally defrauded us, we the people.

Comment by PureTrust
Entered on:

Most people don't recognize how close to economic freedom and economic disaster we are... both of them at the same time.

If the people somehow force the government into, understanding that the people know that the so-called loans are not loans at all, but that they are creations of new money out of thin air, Government Officials might be forced into taking us out of the Federal Reserve Bank debt-money system, and placing us in a U.S,Treasury value money system again.

If this ever happened, overnight the whole world would change its view of the American Dollar. In the short run, there would be turmoil, both at home and abroad, with the kinds of adjustments that would need to be made.

But in the long run, it would take every-day Americans out of the gutter and turn them once again into the most productive people on the planet. And it would re-make America into the super-power it once was.