Expose The Criminals Before They Kill You By Dick Eastman

People failed to make their mortgage payments all at the same time because purchasing power had been drained from the domestic economy by the Fed in its "inflation fighting policy." Even now the Federal Reserve has the power to reverse what is happening by merely decreasing the reserve requirement that it sets for commercial lending institutions. And even now the Fed is holding back on supplying the public with mortgage payment medium on the grounds that "technically, as economists have agreed to reckon it, the US is not in a recession (a recession being defined as consecutive months of declining gross domestic product.) [Note: the Kelptocracy is above all else a transfer of wealth (houses, equity shares, debt obligations which are bond wealth for the rich etc.) from the hands of the masses to the hands of the ruling minority, not a decrease in outcome. In this economy for every decrease in income to the middle class and poor there is a dollar increase in income to the rich, for every liability-side increase in debt to the poor there is the asset-side increase of just that amount to the rich. The population can be reduced to total beggary and the economy still not register a recession. End of note.] So, instead of providing mortgage payment and food payment and fuel payment media to the people by simply decreasing the reserve requirement to give more loanable deposits to banks "for nothing" as the Fed was chartered to do, the Fed has taken a much different course. It has kept the money supply tight to benefit lenders and IOU holders at the expense of everyone else.