In response to:

Don't Buy Investor-Government Scheme

patrickhenry_strikesback Wrote: Jul 15, 2012 12:09 AM
How many of you patriots are tired of the political system being rigged against you? How many are tired of paying endless debt and taxes to a private Federal Reserve Bank that loans your tax money back in the form of inflation? Check out (see below): www.constitutionliberty. com Sign up for the Newsletter! Thanks.
There are some ideas so convoluted that only an expert (or wannabe expert) could love them.
For example: collateralized debt obligations, which seemed like a good idea until the mortgage meltdown swamped the U.S. economy.
Into this hallowed territory comes a new instrument, playing its siren song.
San Francisco startup Mortgage Resolution Partners has come up with the brilliant idea of getting local governments to use the power of eminent domain to seize underwater mortgages and pay the mortgage holders something less than the market value of the home. That allows the homeowner to get a new, lower-balance...