If People Only Knew

This chart graphing real wealth distribution in the United States versus what people perceive and want wealth distribution to be is within the people’s power to change.
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We have the power to reverse this reality with two acts in Congress. One, null and void every derivative contract in existence. Derivatives are bets, usury, there are no real financial assets attached. The trillions of dollars wiped off the “game board” would not hurt the real economy. Two, every mortgage currently owned by Fannie Mae and Freddie Mac that can not show clear chain of ownership of the note should be vaporized. Holders of the homes, good standing in payments or not, would immediately hold full ownership of the properties. This would indeed be government by the people for the people. Versus what we currently have…government by the banks for the banks.

The idea for wiping derivatives off the economy’s table comes from Paul Craig Roberts, http://www.paulcraigroberts.org/2012/06/05/collapse-at-hand/   As he says this call to null and void the $230 trillion in derivatives is a matter of national security.

The idea for wiping out the mortgages comes from a long line or revelations about mortgage fraud and unjust foreclosures. The best source for this information is Ellen H. Brown, http://www.webofdebt.com/articles/foreclosuregate.php  She has named the entire debacle “Foreclosuregate.”

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