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Audit Bank of America

October 6, 2011
  • AUDIT BANK OF AMERICA!!
    What would be disclosed could result in FDIC receivership.
    JPMC and CITI could have their cronies at the Fedr Reserve support the audit so as to help save their own hides.
    But this time turn the ownership of Bank of America into a bank owned by the people,of the people and for the people.CREATE THE BANK OF THE UNITED STATES OF AMRICA. Let the profits being made from lending money become a supplement to income taxes ,income for the taxpayers..
    Keep all the loans regardless of condition and sell off the assets other than loans.
    MODIFY those  loans by making all loan 100% of real value with payments of 4% for 36 years (read 1/2 of rule 72).This will allow the taxpayers investment to double in 24 years (3% will do that ,the other 1% would be used as a cost for service and maintenance .
    This is a win/win .Housing prices will be stabelized,tax revenues for states will increase,and millions of jobs will be restored in the constrution and housing industries.
  • IT WILL  STOP FORECLOSURES AND SHORT SALES.
    Let them (85%) stay in their homes,
    Let them(100%) be able to afford it,
    Let them be able to manage it.
    All at no cost to the taxpayers,rather at a profit.
  • Taxpayers paying interest to taxpayers.
    THIS IS THE REAL AMERICAN DREAM.
    SHELTER THAT COULD BE AFFORDABLE!
    Turn this challenge into a greater good for all.Re-establishing “CREDARE” .Faith in the American people and home values.
    This  fast and great solution  allows for time
    to fix the blame and to do what is necessary for future prevention.
    We simply must get off the idea that we should only help “the good” people and leave the “reckless” ones to their own ends. Whether the foreclosed house next to you was owned by a good guy or a reckless flipper doesn’t matter.. your home value goes down either way due to the foreclosure.
     
     
    PLEASE,
    Change it,
    Challenge it
    or
    Endorse It
     
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