BUT before I get to the movement, here’s just an example of the convoluted thinking of the SCOTUS where the idea of ‘justice’ seems to be completely suborned to ‘technical difficulties:
Supreme Court Rules Wall Street Management Companies Can’t be Held Liable for False Statements
“The conservative majority of the Supreme Court held that Janus Capital Group (JCG) could not be held liable in a lawsuit brought by individual or group investors for violations of federal securities laws. The Court ruled that Janus Capital Group (JCG) and its wholly owned subsidiary Janus Capital Management (JCM) could not be held to have “made” untrue statements in a Janus Investment Fund (JIF or “Fund”) prospectus because JCG had created the Fund as a legally separate entity, even though all of the JIF officers that drafted the prospectus were employees of a JCG subsidiary.”
Now that, IMNSHO, serves as the ‘backdrop’ to the movement mentioned in the title.
All of the below is from here
“As a result of fraudulent actions by the “Too Big to Fail” banks, 28% of US homeowners now owe more on their mortgage than their homes are worth. A new survey by Fannie Mae found that 27% of American homeowners are considering walking away from their mortgage.
Why should we be forced to pay an overvalued mortgage when it was the big banks who wrecked the housing market? After getting bailed out with trillions of our tax dollars, the big banks are reaping record profits and their executives are giving themselves record bonuses. Meanwhile, as they continue to push home values off a cliff, we are forced to pay for their crimes with outrageous mortgage payments and increased property taxes.
This scandalous exploitation of the American public has to stop. The time is now to strategically default on mortgage payments en masse. A National Mortgage Default Action will begin on the 4th of July. Celebrate your financial Independence by joining this movement here.
Full Call to Action:
“Here we stand on the precipice of financial and spiritual collapse. An economic virus has been allowed to infiltrate the homes of decent and upstanding people which deters us from living the way we would like. There comes a time in all of our lives where we must stand up for ourselves and our livelihoods – not only because of the crisis we are currently facing and the oppression we have been dealt; but for the livelihoods of our children, and the betterment of society as a whole.
Banks have foreclosed on millions of homes throughout the United States. These homes – now empty – were once lived in by everyday people like you and me. These American families have now been cast aside into a crumbling economy.
With long-term unemployment at an all-time high; with an all-time record number of American families now living paycheck-to-paycheck struggling to make ends meet, We The People of this great nation must unite and take our lives back; take back our self-esteem, and take back the glory that has been stolen from us via unethical means from these malicious banking magnates.
As the “Too Big to Fail” banks are bailed out with our hard-earned taxpayer dollars, we are made homeless and to suffer at the hands of tyrants.
We ask you, as the people of America: what will it take to get you to stand up and be the empowered citizen you are?
The time is now! We can be the proud Americans we should be by rising up in spirit, by making a stand and taking action. The action we propose is a mass default on mortgage payments to show these degenerate bankers that they are here to serve the public interest – not to fleece the nation and line their own pockets, while we struggle for bread and milk. In doing so, you will not be alone: there are millions of families who have questions unanswered, and mouths that go unfed.
A stunning 50 percent of US children will use a food stamp during their childhood. Millions of children go hungry in America every night because they are forced to pay an overvalued mortgage. Millions of American children go without health care and medicine because they are forced to pay an overvalued mortgage.
These tyrannical practices can not continue.
We must UNITE and take our money and power back from those that systematically and routinely run us into the gutter. We are reaching out to you in hopes that your own lives have not been tread upon to the point where you no longer have the will to fight for what is good, wholesome, and right. Please consider joining this movement by not paying your mortgage. Show the banks that they do not own us.
We do not need the banks, they need us.
Thank You People of The United States of America for your time and consideration.
Be well and happy!”
– Operation Empire State Rebellion
Please send questions and comments to: AmpedStatus@AmpedStatus.com
Update: Additional Resource
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If you are aware of a free non-profit organization that provides strategic default assistance, please provide a link below.
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