The Great American Mortgage Ponzi scheme.

For the last 30 years, the economic growth has gone to the top one-hundredth of one percent, who
now make an average of 27 million per household, the average income for the bottom 90% of us?
$31,244.

The 80/20 rule, I conclude, resolves that the path of least resistance transfers the most amount of
resources into the management of relatively few.

What I am about to write, they will not like.

Until now, the possibility of more people being able to have more resources seemed impossible. Yet,
there is the possibility the world's resources at large could be transferred to more of the 90% of us.

My observations brought me down a road....

...where it was citizens throughout the nation and perhaps even the globe, which are being unknowingly
exploited by plutocrats at the expense of humankind's freedom and domestic currency inflation.

Exploitations that I find go beyond the normal course of business. Taking candy from a baby is
unacceptable.

The Ponzi Scheme

Building an entire industry around this matter in the form of multilevel marketing schemes where
existing groups require the financial support of the larger group after them, ultimately a Ponzi scheme,
• weakens our markets,
• builds unrealistic ideals, and
• ultimately ruins entire civilizations.

Unless we as a society want to find ourselves slaves, we cannot allow the bloodshed of our forefathers
to be slowly formed into a monarchy.
Capitalize from transactional activity

My observation is that banks, at large, their objective; capitalize from transactional activity and
distribute the risk of holding mortgage notes as widely as possible; out of and away from their
operations, contributed toward America’s real estate mortgage note's decline in value.

The right side of this manufactured trade, through this multiple Ponzi scheme represents one of the
largest profits in the course of investment history.

Mortgage Notes were widely re-assigned, re-conveyed and packaged for resale as Mortgage
Backed Securities all generating...

...timely returns on investment to initial investors within the scheme.

Rulings from multi-year cases are now finding enough evidence, or lack thereof, for conclusion that
breaks in the chain of title exist.

Therefore, multiple breaks in the chain of ownership are reasonably implied upon many, if not, most
mortgage loans within the industry.

The scheme had no desire to own the note, only to capture transactional revenue and put the risk on
everyone else.

Not entirely about the fraud of MERS

The matter does not entirely rest with the fraud of MERS, of which, MERS is being voluntarily wound
down AGAIN [see First American Title June, 2006], to mitigate additional legal risks when a judge in
NY ruled early this month that MERS was illegitimate.
http://www.scribd.com/doc/49070028/MERS-Bulletin

If securitization transaction law is applied, the activity which continues to take place relative the re-
assigning, re-conveying, and or re-selling, etc of mortgage notes, leads me to believe there is a
significant likelihood securitized instruments characteristics now "lack perfection".

Securitization requires Perfection, without it, the instrument is neither securitized nor,
collateralized.

The result, current holders of the mortgage note find themselves holding unsecured instruments which
lack marketability and are very difficult to find buyers for. This lack of marketability and determination
that the notes lack collateralisation, is leading holders to put back their investments to the banks for a
cash refund. ie Fannie and Freddie initially paid BAC approx 185 billion for it's MBS and settled for a
3 billion refund.

Just because BAC now holds the notes, does not magically securitize them or re-link the chain. They
hope that over time this matter will disappear as new transactions on the same real property will cover
the previous defective securitization and ownership tracks.

Lack of perfection is evident since numerous mortgage note transactions fail to meet complicated
ownership transfer requirements, yet they are again elsewhere re-assigned, re-conveyed or otherwise
resold resulting in a significant lack of perfection" of the claimants and their ultimate legitimacy.

This results in the inability of almost every party associated with real property throughout the real
estate marketplace to confirm an ownership interest or even identify relative specific real properties at
all.

Loan servicers and parties closest to the originating real property transaction ACT or CLAIM the
instrument is securitized when due to the aforementioned activities the instrument is no longer
securitized, and I presume they know this. Is this now an intent to defraud?

This situation creates a strong incentive to continue forgery and fraud to maintain the lie, so that the
source of the cash flow chain derived from the borrowers loan payment does not fail. In fact, there is an
incentive to modify the loan for better loan repricing as well as foreclose on borrowers to re-acquire the
property to re-secure property rights and reselling the property. More transactions, more chains that will
be made.

Originating borrowers who stand as the remaining identifiable owners are being taken advantage of by
lenders. Lenders are willing to do anything to prevent the revelation of their note's lack of
securitization and other activities to maintain the facade to the American borrower that they hold a
mortgage note secured by real property when it is reasonably probable that most mortgage notes
ongoing within the real estate marketplace are unsecured.

The mortgage resale model requires transactional activity like humans need air to breathe. Without
transactional activity such as real property sales, more origination, and refinancing the existing
business model cannot sustain itself.

The increase in the supply of money ultimately underwritten by the taxpayer has been provided to these
banks inflating our domestic currency to restart the process and continue the facade.

Either the US government has been deceived just as well, or is part of the scheme. Nevertheless, the
revelation of this matter should re-ignite American patriotism and our response.

If this continues, markets will only be weakened as the weak mortgage resale business model continues
to manifest with no regard to the exploitation required to maintain it.

Mankind is inherently selfish. Yet, Integrity is what is done when no one is looking. This entire scheme
manifests the opposite.

A business scheme that relies on

• a larger next generation of money flows to payback the previous pool,

• through inherent misrepresentation
• using a wall of intellectual complexity, among other tools,

is not acceptable and cannot be allowed to continue.

Approximately, 60 Trillion in global wealth was transferred to the few. The United States,
contributed approximately 5 Trillion toward this pot of leveraged equity and was easily wiped
out a few years back.

Now in Davos Switzerland, bankers suggest $100 Trillion in credit=debt should be created. That would
be ultimately underwritten by the 90% of us, so the top tier does not need to rely on the masses as much
to feed themselves, instead it can be done with this PONZI SCHEME and millions of chains of
custody.

This tells me, that is the price tag for their total mess with $40 Trillion or a 67% return because they are
entitled to it. I call this total Bull Shit.
Real estate is one of the largest markets in the US, and to think that 80% of the wealth could transfer to
80% of the population is inconceivable. Entry to such a class action would be very extremely attractive.
Can we form a class action suit to quiet title against the illegitimate NOT securitized instrument?
I am unsure as to how, yet a class action to quiet title would be rather incredible.

Let us work together with lawyers to create an unbeatable set of arguments to replicate across class
action groups; this would be tremendous.

I motion to quiet our real property title on the grounds that our mortgage note is not securitized due to a
lack of perfection and/or the ability to bring forth another owner or valid claimant. This leaves us as the
only identifiable owners.

Signed,

The American homeowner then and now

If you are an attorney or person interested in joining a class action suit to quiet title your home please
contact the writer of this article using this form.

givemebackmyhouse@hushmail.com

Perfection(Law)
http://en.wikipedia.org/wiki/Perfection_%28law%29