(Online credit card application) The Morality of Eliminating Credit Debt
Written by Webmaster
Thursday, 20 November 2008
Question:
Im just now maneuvering into a 120,000 or so mortgage. My current is 51,000, but I want more money to build cabins. What has concerned me about the process you are suggesting is that when I asked for a credit card, I promised I would pay back. When I took mortgage money, I promised to pay it back. I keep my promises. I dont see how you can effectively maneuver around that basic tenet. Do you see?
Reply:
I apologize for this long message, but there is so much more to know to understand your moral position, true status and the reasons for your present servitude. This is a summary, but it is vital to grasp the issues which are actually more than life and death in scope. This has a powerful spiritual dimension as well.
You have been convinced that you borrowed, therefore you owe. But you are assuming a voluntary servitude that is not required of you by law and you were not informed of this by the responsible party. There has not been disclosure of the material facts by the bank or credit card company and they had nothing to give in return. They convinced you to give them
the title to the property in exchange for your own credit. It is not the banks money that bought the house. You did not receive value from them. Your own promissory note supplied the credit. In return for your credit they rent it back to you for thirty years and hold title for having supplied nothing to the transaction. Furthermore, your promissory note was eventually sold multiple times without your permission or knowledge even though it belongs to you. In monetizing your Promissory Note, the bank increased its wealth by 9 times the note and subsequently demands that you pay back the principal plus interest.on your own credit.
Your note created money for them and you keep paying and paying. The bill of exchange you obtain for the 120,000 mortgage is worth 1,080,000 to the bank by monetizing it on the discount market. As a thank you for the privilege of using your Promissory Note to vastly increase its assets, the bank wishes for you to pay back the 120,000 plus interest, which over thirty years would nearly triple the cost of the mortgage AND you gave them the collateral of the house that you already paid for with your Promissory Note. Are you still worried about your moral position? You think YOU have a moral responsibility? The moral issue is instead the banking industrys long term practices of constructive fraud by breach of contract and nondisclosure as well as larceny.
Theres much more that demonstrates that your moral issue is rather to uphold your right to be considered a Sovereign rather than a subject. At the moment you are considered before the law to be incompetent and in need of caretaking. Your employees, the several levels of government, have taken without permission your substance to be collateral for the debt theyve created.
Since you have not taken the position that you are capable of accepting responsibility, you are treated as though you were irresponsible. You seek licenses to be granted by them as though they were the Lord of the Manor and in seeking privileges from them continue a subservient status of subject by presumption. They presume that since you have not taken control of your own affairs, you are content to remain under their care. So morally, to avoid this issue you are permitting the governments to usurp power from you and collectively from all other Sovereigns who do not know they have lost their status under a constitutional republic. By default you and all others who are unaware have created the impending dictatorship by inaction. There will be hell to pay for that. Here is a moral position that cannot be overlooked.
Do you note the immorality of the system? This is the system you support by non-action, and establishing your rights to your own substance which has been taken from you without your knowledge or permission is the beginning of taking back the power you inadvertently let slip away. Not your fault. The schools, attorneys, the media, the government, the banks do not provide you with the information to make an informed decision. That does not diminish your own responsibility to become informed. Now you have a clearer idea of what the stakes are, you understand some of the consequences of being uninformed, and you have the choice of pretending you dont know or that its too complicated for you
Hope that clarifies your moral position. Its your choice now.
www.theclaimswarehouse.org
Author: theclaimswarehouseuk
Keywords: annulling banking cancelling credit davi debt eliminating loans morality morals rankines world
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