Public banks can expose MERS fraud, claim houses for local communities

Carl Herman, Contributing Writer
Activist Post

Leading author Ellen Brown explains in the video below with Jeff Rense how public banks (and here) can expose the big banks as having destroyed legal title to mortgaged homes when they gambled with so-called “mortgage backed securities.”

Through public banks, these homes can be claimed through eminent domain, then be rented or resold within their communities rather than be left empty, destroyed by vandals, or profit the banks that destroyed title. Another advantage of public banks is at-cost credit. Three examples of its benefits:

  1. They can lend to itself for infrastructure investment rather than sell bonds. This eliminates the typical 50% nominal cost increase by having to fund infrastructure through private debt.
  2. At-cost credit can provide 1-2% mortgages, reducing current nominal mortgage costs by nearly half.
  3. Public mortgages could supply all needed local tax revenue.

The Secret Revolution in North Dakota
Recession Causing a Banking Awakening in Tough-Hit Midwest

Thank you for sharing.
Follow us to receive the latest updates.

Like Us On Facebook
Follow Us On Twitter

FREE Guide Exclusively for Activist Post Subscribers

Get Our Exclusive 21-page Report 10 Ways to Survive and Thrive During Economic Collapse for FREE!

In this report we share the exact strategies we’re using to survive the economic collapse.

It is overflowing with actionable steps you can take to protect you and your family. Plus, we identify the best opportunities to thrive.

Enter your email address below to get instant access!