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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to feel seething resentment towards those who profited from the house price bubble and hot anger at the Governments who allowed it to happen?

784 replies

TartyMcFarty · 13/04/2012 21:15

You'll have to forgive my naivety here - I'm ranting about something I don't really understand.

DH and I are stuck. In 2006 we bought a (modest) property on a 100% mortgage. Foolish in hindsight, I know, but based on the advice of our IFA, the unshakeable faith of our families and society that property ownership was the way to go, and the increasing pressure at the time to get on the ladder or miss out, that was the decision we made. We then found that the lender, bastard bastard Northern Rock were unwilling to remortgage based on our lack of equity, despite us having overpaid by several thousand pounds. We couldn't shift the place, and with the agreement of a different IFA, remortgaged against the equity in my DM's property (love her!). It gets more complicated than that, but that's all that's needed here. Now we still can't sell it , our tax credits have suddenly disappeared, my pension contribution has increased (DH doesn't even have a pension) and the tracker rate is slowly increasing. We're on interest only, and as I'm part time since the having DD, with another DC on the way, there's not much of a cushion.

What's really angered me over the last couple of days is the dawning realisation of how people just a few years older than us have profited from the massive increase in property 'values'. I'm still in touch with our ex-neighbour. She bought seven years earlier than us, sold at £120k profit after 10 years (this is not London!), her partner was in a similar situation so they have ended up comfortably in a property of twice the size, renovated to a really lovely standard. Obviously my resentment isn't directed at them personally - they're good people, have profited from a stupid market and good luck to them - but it's just an illustration.

How can we possibly hope to survive in a property market that boomed by more than 3.5x in this instance alone? We can't even afford to maintain our own home to a good standard. Pay isn't moving at all, and we're currently looking at less than .75 of a pension between us. I can't even bear to think about how we'll support our DCs through HE, and the risk to my DM's home if interest rates shoot up.

I just need a rant. Those of us stupid enough to be sucked in at high LTV rates towards the peak of the market are fucked all ways, whereas people just 5 years older than us are untouchable. I know I've only given one example for which I know the exact figures, but there are others I can think of in the same lucky situation. There just doesn't seem to be any point in trying when you compare our situation with those who profited so enormously in the 00s.

Angry Angry Angry Angry Angry Angry

OP posts:
MummytoKatie · 15/04/2012 10:05

Gosh - it's like an episode of Torchwood on here now! If only Captain Jack wasn't gay.......

I'm so going to regret this but if the insurance thing was part of the conspiracy then wouldn't Larry Silverstein have got the whole "one event" thing sorted out first?

WasabiTillyMinto · 15/04/2012 10:12

tarty I think you are seeing yourself as a victim to avoiding taking responsibility for your own actions. You need to work out what you did wrong so that you can learn from it and make better decisions.

  1. you list who you took advice from: the ifa who is a salesman who is very unlikely to have your intersts at heart. your family - are they knowledgeable about finance? You must have known they had lived through high interest rates, fallin g prices in the past. Did they not mention this to you? if not, probably not someone to listen to.

But you can review your own finances and make better decisions in the future. Moneysavingexpert is a really useful sourceof information. The sooner you start educating yourself the better.

  1. i am a little older than you but bought years before you, in London. We didn't earn more than our friends who 'could not afford to buy' we just spent our money differently. Even forgetting house price gains, by paying off a small ammount of mortgage with any pay rises, we were able to reduce our monthly housing costs.

We have had more camping holidays than our friends as who thought it was beneath them. We had fab hols and put ourselves in a position where we had lower housing costs than our peers, whatever happened to houseprices.

I think you shuold consider reviewing your spending, and look at how to save. If you spent money freely when you were young, it was your chioc e and many posters chose to save for their future - which is now - and that's a major reason why some people benefitted and others didnt.

NiceHamione · 15/04/2012 10:18

Despite owning our own property and being able to help my own children get on the ladder , I hope prices fall to a manageable level. High property prices have become a social evil and have negatively impacted our public services as key workers have had to leave the south east so they can buy their own home.

Having said that to feel long term resentment is just not healthy and we should be greatful for what we have. I am really shocked to read that someone like LeQueen, who in her own words had a fabulous house, still feels this is not sufficient, and looks with resentment to those that have more. There will always be someone who has more , that often makes us forget that we have a lot.

redshield · 15/04/2012 10:20

Elanor rigby.

Looks like you know your history.

We are now seeing the start of people waking up homeless in britain.

New proposals are being drawn up by the government to remove single unemployed under 25s from their council properties.

The right to buy scheme that some people think is a good idea is also a part of what is going on, say a street full of 3 bed council semis gets bought by the people living in them, most people would then think that the government will now replace all these houses with another street full of 3 bed semis with the money they get from the right to buy scheme.

This will not be happening, they will be replaced with smaller homes most likely blocks of "apartments" it will not be a like for like policy.

redshield · 15/04/2012 10:24

Larry silverstein is not a clever man, you can see this when he slips up by saying he told the "firefighters" to "pull" building 7.

Pull is a term used in controlled demolition.

Lots of mistakes were made in the 9/11 false flag op and lots of people have found them.

ModreB · 15/04/2012 10:54

Be more angry at the Government who opened up the Housing Market by selling off all the social housing. They are the real criminals.

DPrince · 15/04/2012 11:07

Red that's my point. My mil believes it, I don't some. Some people can be convinced others won't be. I have already seen many of those videos and am still not convince either way. You seem sure anyone that sees them will be. Its actually very well known about the passport, at least among the people I know. I still don't get what the shit this has to do with the OP being pissed she bought too late and others bought at the right time.

redshield · 15/04/2012 11:11

MODREB

The government are just following orders.

They are supposed to work for us but they dont.

I have copied this next bit of text from the Housepricecrashforum that some people do not seem to like, i can understand why people some people do not like this forum because i do lurk on there and see the divide and conquer strategy that the government use, working to full effect. Im not here to tell people to go out and buy a house NOW or save a bit more and DONT BUY NOW, Im here to tell people that house prices are just one of the worries that will be facing everybody in the very near future. Underclass, working class or middle class it doesnt matter because this time everybody is going to get f*ed in one way or another.

There are some quite enlightened posters on there though who do understand what is going on, this is a post by rufflestheguineapig and shows how it all could play out. It is very sombre reading. Bear in mind people are already commiting suicide in the eurozone because they can no longer feed themselves due to the austerity forced on them.

Britain is not special and we are going to face the same pain at some point

The Future of housing - a retrospective from 2015

For years we thought we were doing well. We finally managed to save up enough for a deposit and in Late 2009, we struck gold? the government dropped the interest rates down to zero. Suddenly we could afford to buy our own home! We got a great deal? interest only, fixed rates for 2 years. By November we had moved in.

For a few years, things were fine? I even got a small promotion at work. We felt financially secure and my wife quit work to start a family. Joe Mathew was born on September 20th 2011. Then things started happening though? interest rates started to go up. It didn?t worry us at the time because we were on a fixed rate? our costs didn?t change. At the end of the 2 year period in November 2011 we had a massive shock. Our mortgage practically doubled. We had no idea what to do. We couldn?t pay the mortgage. We tried to renegotiate a deal with the bank, but they weren?t interested? they said we didn?t have ?any equity?.

With a 1 year old baby still in nappies, for the first few months we paid as much as we could on the mortgage... but not the full amount. A lot of our friends were getting repossessed. The council were putting people up in hotels. Then we Missed April?s payment which put us 2.5 months behind in total, and the bank immediately repossessed. When we got the letter my wife was in tears. The council put us into a B&B, while our furniture and most of our belongings went into storage. The house eventually sold at Auction for half what we paid for it. We were devastated. The bank sent the bailiffs to our storage locker and basically emptied it of everything of value. They came to the B&B and seized all my wife?s jewellery, even the ring her mum left her. We asked the people at the bank how they could be so heartless... they looked embarrassed and said it wasn't up to them, it was the people they sold the loan to demanding every penny.

Things rumbled on with us moving from B&B to B&B every few weeks until July, when the car broke down. I phoned my boss and asked for a few days off to sort things out, especially as without the car I had no way to get to work. He admitted that things weren?t going well, and said that he would have to let me go. I knew business had been dead but I had always thought it would pick up.

After a couple of weeks the B&B told us that the council needed our room for a higher priority family, and we?d have to go. We couldn?t believe it. We walked into the council office carrying everything we owned. The council told us they had no houses or rooms available, and told us that ?the homeless are being housed in the community centre?. The woman at the council looked tired. Her eyes showed she had lost the ability to care, she had seen so many people.

At the community centre there were old metal bunk-beds laid out in rows, with suitcases and boxes stacked around each one. Most were full. It was almost silent except for the sound of people crying. Sheets and blankets had been hung from the top bunks, providing what little privacy people in the bottom bunk could grasp.

Meals were provided twice a day by council workers in a truck, arriving with food prepared in the kitchens of local schools. The food was bland and tasteless? like most school food really. Most importantly for us though, the food was FREE!

The community centre filled up within a few days and they put tents up outside on the football pitch, and provided airbeds. It was the height of summer so we agreed to move outside, partly because having our own tent meant we obtained a little privacy, and little normality, but mostly to get away from the people crying. The council workers assured us it was only temporary until the council could find us proper accommodation.

After a week the football pitch was full. Two thirds of the people we saw there had owned their own homes months before, with most of the rest being tenants whose landlords had had the properties repossessed without notice. Apparently, the landlords lying on their mortgage applications meant the banks didn?t have to give notice to the tennants... in some cases the bailiffs arrived without warning as eviction noticed had gone to the landlord not the tennant.

A couple of the families we saw there had been landlords, who had problems keeping up with the payments on the rental properties they had bought? the banks had taken their homes as well as their rental properties. Now they were all practically sleeping rough, in some cases only yards from their old tenants. Riches to Rags in a matter of weeks.

Late in the sumemr, some army busses turned up. The soldiers spoke to the council workers running the centre, who looked pleased to see them.

They came onto the football pitch and announced that to ease overcrowding, people were being moved to a disused airbase 20 miles away, and asked for volunteers to move.

To be honest we were glad to go. As the numbers increased things had been getting increasingly unpleasant. There weren?t really enough toilets to go around, and there had been some thefts and some fights. The police had turned up numerous times before eventually leaving a pair of officers on site 24/7.

We packed our things and climbed on the bus which drove us a 20 other families on a cramped and bumpy 20 mile journey, which took 30 minutes but felt like 30 hours.

When we got there the truck pulled up outside a large aircraft hanger. It had a huge curved roof with grass on top.

Inside was a breath of fresh air. 12ft square areas had been sectioned off, one for each family, with beds, tables and chairs. Thick curtains separated them from each other. In a corner of each one was a blue portaloo. Our own toilet! Luxury! We chose one near the door for the fresh air and unpacked and settled in.

Quickly the hanger filled up with families. Within a week it was full. 300 families in one building. The soldiers emptied the toilets twice a week, and provided food in a large dining area outside. When it rained, tents were put up. We settled down. We knew it wasn?t forever, it was only temporary, but for now it was home.

Washing facilities were setup in a small building next door? one large are for men, one for women. Large communal showers were setup. The water was tepid at best, but after washing with a flannel in a sink for weeks it was heaven, even if privacy was non-existent. Laundry facilities were setup too. Banks of washing machines, with washing lines strung across our ?homes?.

A marquee was erected as a proper dining hall and gravel was put down to prevent it turning into a mud-bath. The army setup proper cooking and dishwashing facilities. Volunteers were asked from the ?guests? as we were referred to. When few people came forward, wages were offered. Then almost everyone volunteered! A few were selected, including my wife, based upon experience. (How much experience do you need to wash up?)

Volunteers were also asked for to help with ?maintenance?? emptying the toilets mostly. I volunteered because we needed the money. The money was good, but it was explained to us that a portion of it (most of it after tax, it turns out) would go towards paying off our debts. Still it allowed us to buy a few luxuries for Joe from the small NAFFI shop.

The army also asked for volunteers to help on local farms, picking crops etc. A lot of people were desperate and agreed to do it, even though it was back breaking work. It wasn?t just picking crops, it was digging the soil? effectively PLOUGHING by hand. Before long most people that were able to work were doing some form of job. Every month people would be given their bank statements saying how much had been paid off.

We were free to leave the hanger and roam the airbase, (but were asked not to leave) so we spent as much time as possible outside on the grass. A small library was setup using books brought in by the ?guests? so we spent most days reading. There were 8 hangers on the base, housing nearly 2,000 people in total. We learned from the radio, that there were hundreds of similar bases across the country. We felt like a community and rules were agreed, regarding behaviour and mainly noise.

In mid October the general in charge of the base came in with a mega-phone. This was not unusual, except that he had to soldiers with him, and for the first time they were armed and in full combat gear. He told us that due to problems with people leaving the base to steal food and property from the surrounding area, (Which the ?guests? referred to as ?foraging?? we didn?t do it, but many others did) a fence was being erected to prevent people from damaging the crops in the surrounding fields. There was a lot of shouting and throwing of toilet rolls, but quickly everyone accepted it. It was, in the General?s words ?for the greater good?.

A large fence was erected, with razor wire on top and watchtower put up at the corners. We were told that we were NOT prisoners. We were free to leave if we wished, provided we had somewhere to go? a job interview, or someone we could stay with. The army even offered to arrange busses. Of course, no-one had anywhere to go.

After a couple of weeks, they apologised, and told us that they needed to make room for more people. The table and chairs went and we were reduced to 8ft square. We also had to share the toilet with the family next door as there weren?t enough to go around. We put up with it because there was no other choice? besides, it was only temporary? in a few months, we had been promised, they would find proper accommodation for us. Soon there were 400 families in the hanger? more than 1200 ?guests?. The noise at night made it difficult to sleep, but I rarely noticed? I was too busy cleaning toilets.

In November an announcement was made. Due to a lack of medical facilities, people who became gravely ill would, for humane reasons, be euthanized. Everyone was outraged and a mini-riot broke out. The soldiers broke it up quickly. They explained to us that hospitals were full and weren't accepting any new patients, they simply didn?t have the facilities to treat many illnesses, and it was the only thing they could do to spare people a long agonising death. They didn?t seem happy with it either.

2 days later, an elderly lady in her 70s was given an injection to end her life. She was dying of cancer. Her family were there at the injection. She was in great pain and thanked the army field medics. She told them she held no grudge and told them not to feel bad. She apparently joked with them about her experiences as a nurse in the second world war. Her family made a speech afterwards and told everyone what happened. Half the people in the hanger were moved to tears.

Over time no-one noticed, but people were being described as ?gravely ill? for less and less serious conditions. Anyone diagnosed with a terminal disease would be given 7 days to wind up their affairs. Most people just accepted it. A few people resisted, and their families were denied food until they caved in.

Pretty soon I noticed that few people over 55 remained. Simply having Flu, with the ensuing fever, was enough for someone to get the jab. ?The Jab? we called it. Put to sleep. Euthanized. Killed. We lived in fear of getting ill. Then in late December, my wife woke me. ?I?m burning up? she said. I checked here head? she was. I tried to cool her down, fanning her with anything I could find. The lady ?next door? took her for a cold shower, but she came back looking worse. I went to ask for the medics some Paracetomol? I told them I had a headache. They gave me 4, but then followed me back to our ?home? with 4 soldiers, all wearing surgical masks. I didn?t see them. As I was giving my wife the tablets they burst in.

The soldiers looked at me. They said they were sorry. They said they didn?t want to do this but they had to? they couldn?t risk her making the other ?guests? sick and that is was for "the greater good". They asked me not to make it any harder that it had to be. 2 soldiers grabbed my arms and another helped my wife stand up. She went to kiss our son, asleep on the top bunk, goodbye, but the soldiers stopped her. ?It?s best if you don?t, you could make him sick too? said the soldier, quietly. ?look after him? she told me. And then they led her away, too ill to resist. The soldiers held me tight until she was outside the hanger. They released me and I fell to the floor. ?Think about your son? they told me? ?that?s all you can do?.

That was 2 years ago now. I?m not cleaning toilets any more, we?ve put in proper drains and toilet blocks. And when I say we, I mean the guests? the soldiers were good about it? they brought in tools and materials and detailed plans. The guests then got to work building toilets and showers. It was hard work but rewarding... not just the money, but there were a number of builders amongst the guests and with their help a group of us learnt the basics of bricklaying, roofing and plumbing. We ended up building Toilets, Showers, Kitchens, a Hospital, Several Banks, a Library, Tax-Office, Chapel and police station with jail. We'de created a mini-town in a matter of months... without the houses obviously.

I work in the fields now. It?s quite satisfying. The crops we produce feed people at bases across the country. It?s not a bad life, and I feel pity for those in the bases in the north? many of them have to work down the mines to pay off their debts.

Talking of debts, some people have actually managed to pay off their debts completely, and have started saving up, hoping to one day have enough to move away, rent a home of their own. But few expect to be able to... house prices and rents dropped a lot but luckily the government demolition programs stabilised them. At best, I hope to save up enough that when Joe is 18 or 20 he will have enough for a deposit to rent a house. I go down to the base bank once a week and they tell me how much of my debt I've paid off, and how long it will be until I've finished and can start saving.

If I keep going at the current rate I will have paid off my negative equity in another 2 years, then I can start saving and give my son the best chance in life, a chance I thought I had, until the day the credit stopped..............

The Slog is a blog that everybody should read, if you read the whole of the euroblown crisis section you would understand how close we are to collapse, the author has today just posted an article saying he is going to start a section called "getting by" this section will be dedicated to preparing for what is coming. This blog can not be accessed in china as it has been banned.

Read the about section of the slog blog and you will see what this man has been the first to report on in the past, he has got insiders in banks and governments throughout the eurozone and is just trying to do his bit to report on what is happening in the world.

People need to WAKE UP and fast, the world does not work how you think it works.

Its just a gang of families printing money and using it to take over the world.

It really is that simple.

I do not want to live in a totalitarian state so i to am trying to get the message out about what is going on.

redshield · 15/04/2012 11:18

DPRINCE

I myself am utterly convinced that 9/11 was an inside job.

Physics convinced me of this plus i have to believe my own eyes and listen to the voice in the back of my head when it tells me that you cannot fit an american airlines passenger jet into that little hole in the pentagon.

Heswall · 15/04/2012 11:24

Tell me they didn't post the compound story on here .... tell me that didn't happen, fucking hell. I am crying with laughter.

whoknewthat · 15/04/2012 11:29

That's a chilling story red shield.

Was that in Milton Keynes?

redshield · 15/04/2012 11:41

The story about people commiting suicide ? No that happened in greece, it was a 77 year old man who had paid his taxes all his life and had now had his pension reduced to a level were he could no longer afford to feed himself, he left a suicide note saying he would not spend his remaining years rooting through bins to feed himself. He also said he feels that the younger generation will at some point bear arms and take the country back from the corrupt government and banks

He put a gun to his head, pulled the trigger and ended his life with the only bit of dignity he could afford to have.

Or was it the story about the compound ?, seems funny nobody has mentioned the new proposals that are being worked on regarding unemployed under 25s being removed from their council homes.

Why dont we just build thousands and thousands of houses for people to live in?

Im guessing its because the landowners of this country WILL NOT give up any of the land that THEY THINK they own.

History is about to repeat itself and lots of people are going to get very confused by what starts happening.

Hopefullyrecovering · 15/04/2012 11:44

ROFL at Milton Keynes

I think it does indeed describe how Milton Keynes was built, but omits to make a reference to concrete cows. Redshield, how did the concrete cows come about?

nkf · 15/04/2012 11:45

How did the thread move from house prices to conspiracy theories?

JosieZ · 15/04/2012 11:47

The people who got all the sweeties are the ones who could retire early at 55 - 60 on full defined benefit pensions, that ended about (give or take) 10 years ago.

Well, the downside of that is that they are now 60-70 - most 60-70 year olds would give up the money to be 30 years younger, for sure!

And their stash of money will go on care homes - my mum pays 1500 a month, those without savings pay a part of their pension, so I would guess 300. And also on helping out their hard-pressed children and grandchildren.

So, don't fret, their money will be recycled.

redshield · 15/04/2012 11:48

Probably because the whole system is a conspiracy and people are getting angry about why they have so much debt just to keep themselves warm and dry in this day and age.

redshield · 15/04/2012 11:53

I dont know anything about concrete cows, just googled it and its the first time i have ever seen them.

Google the georgia guide stones and see if you have seen them before.

500 million people is a hell of a lot less people on the planet than we currently have.

toweraboveyou · 15/04/2012 11:59

Houses should not be bought for profit making. If house prices drop, it's wonderful. Being affordable is more important than making money from them.

cotleigh1 · 15/04/2012 12:23

I realised back in the mid 1990s that flats and houses were stupidly cheap, and that good money could be made in buying them and letting them out, and so bought quite a few, one after the other. I am now sorted financially, owning two dozen places, some with a couple of friends, mortgages rapidly being paid off.

noddyholder · 15/04/2012 12:56

I have made a good living renovating houses but I do feel (as do many of my contemporaries who do this) that it is over unless you have something special in terms of design skills. The bog standard b and q beige makeover that could net you a 10% profit without any skill has more or less ground to a halt thank god. Prices are due to fall or at least completely stagnate. All the signs are there tbh that property is no longer a good short term bet and so I am moving sideways and back into design. There is nowhere else to go with QE, low interest rates and hair brained govt schemes to prop the silly prices up. Houses will become homes again

DPrince · 15/04/2012 13:25

Its clear your convince but I am not. The voice in your head is clearly winning out though :). Still not going to answer as to what this has got to do with the OP though are you.

redshield · 15/04/2012 13:30

Its got a lot to do with the OP.

The OP is doing exactly what the government wants them to do.

Divide and conquer.

The OP should be emailing their prime minister every day and asking him why he is supporting corruption in all aspects of our lives.

Lets see if britain contribute any more money to bailing out the eurozone, it is now common knowledge that the bankers are running the eurozone and are breaking laws left right and centre, there is lots of evidence to support this.

You dont really believe that we live in a democracy do you ?

MummytoKatie · 15/04/2012 13:46

Red shield - are you emailing the prime minister every day?

Out of interest what is your aim for trying to convince us?

If, as you say (puts on Scottish accent and channels Dad's Army), we're doomed then you may be better to spend your time planting vegetables and filling your store cupboards. If you are trying to convince us to (channels Les Mis) join in the fight that will give you the right to be free(!) then you may find that a load of sleep deprived mums are not the best choice of warrior.

Unless it's a fight to free me from the terrible tyranny of a teething toddler I'm just too tired to care!

MarshaBrady · 15/04/2012 13:54

The people in your story jumped for joy when interest rates were low. Even the BBC mortgage calculator says be careful, look how much will it be a month at 12%. The information is there.

But any way timing can be wrong but an investment can still be good if well considered.

Noddy less buying and making bland to sell is a good thing for sure.

redshield · 15/04/2012 14:25

Mummytokatie.

Of course i am emailing the PM every day, it is very rare that you get an answer from him, sometimes you get sent a letter from his receptionist that says another department will answer your question but they never do.

I am already prepared for what is coming, my parents are prepared for what is coming as they have informed themselves of what is really happening in the world. Stocked up on food, seeds, medicines etc to see us through the months of unknown before the winners are known.

My aim to convince you? I want nothing from you, i dont want your taxes, i dont want to tell you what your house is worth and i dont want to tell you what to invest in, i am just trying to do my bit, lots of people are trying to do their bit.

Here are some quotes from the money as debt video on youtube that you can mull over. Its up to you wether you watch the video or read the quotes.

"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government?s greatest creative opportunity.?

Abraham Lincoln, assassinated president of the United States

??The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.

Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again...

Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit?.?

Sir Josiah Stamp Director, Bank of England 1928-1941
(reputed to be the 2nd richest man in Britain at the time)

"Permit me to issue and control the money of a nation, and I care not who makes its laws."

Mayer Amschel Rothschild, International Banker

"I am afraid that the ordinary citizen
will not like to be told that banks
can and do create money
...And they who control
the credit of the nation
direct the policy of Governments
and hold in the hollow of their hands
the destiny of the people"

Reginald McKenna,
past Chairman of the Board, Midlands Bank of England

?The greatest shortcoming of the human race is our inability to understand the exponential function.?

Albert A. Bartlett, physicist

?Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.?

Kenneth Boulding, economist

?I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money... I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.?

Congressman Wright Patman

?All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.?

John Adams, Founding Father of the American Constitution

?Whoever controls the volume of money in our country is absolute master of all industry and commerce...and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.?

James A. Garfield, assassinated president of the United States

AND FINALLY a quote from one of the men who is laughing at us

"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions.
Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it."

The new world order is very real and you are now living in the endgame, this is when economys start to collapse and new laws will be introduced to control you.

Its not about money, its about controlling the land, resources and people.

This is why germany tried to take greeces sovereignty a couple of months ago.

The world is run by mad men who do not see the likes of you and me as real people, we are just like other resources like oil,water,gas we are HUMAN RESOURCES.

Ignoring what is going on will not make it go away, like i said i want nothing from you.

It is entirely up to you if you start to prepare your family for what is coming.

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