“Our enemies are doomed! They have robbed and betrayed, although no one has robbed them or betrayed them. But their time to rob and betray will end, and they themselves will become victims of robbery and treachery.”  Isaiah 33:1 Good News Translation (GNT) 

Dealing in false weights and measures is an abomination to God and scripture has numerous exhortations telling us so.  The logic is simple: 

  • having false weights and measures is clearly a willful use of evil deception. 
  • This deception has one end: to unjustly enrich oneself at the expense of others. 
  • This is ‘Theft’ or ‘Stealing’ which of course is corrupt and sinful.
  • The thieves are wicked evil doers

So this is a given and nobody can argue the above. 

With this as our baseline, let’s look at today’s modern monetary and banking system and in particular: credit cards, student loans, mortgages and other unsecured loans. 

To secure a mortgage for example, you need to pay ‘points’, all kinds of fees, make a down payment in cash, sign a promissory note which commits you to pay, in the case of a 30 year mortgage, as much as three times the sale price of the house.  You offer the house as collateral which includes your down payment, fees and points paid plus all accrued equity which represents your labor which is a big chunk of your life. 

So you basically put your life on the line for the mortgagor (banker). 

What does the banker risk?  NOTHING! 

Many people mistakenly believe that they are getting a ‘loan’ to buy the house.  If this were true this would mean that the banker has money set aside somewhere to use to pay for the house on your behalf.  But this is not how it works.  That money does not exist….yet. 

The fiat money system is based on ‘debt’.  Debt is the only thing of value in the fiat money system used by all nations today.   People say that the central banks can just print money out of thin air which is not quite right.  The collateral used for the money printing is ‘you’ and your future labor and the profits made in the bond market using the fictional entity (trust) created with your birth certificate and the deception and fraud involved in that whole operation. 

So if the bank doesn’t have the money to make the loan, what about the check they give at closing?  Where does the money come from?  It comes from you!  You create the so called money when you create the value, which is the ‘debt’ which originates from the promissory note you signed for the mortgage. 

Yes.  The money was created by you when you signed the promissory note.  You gave the money to the banker and the house was paid for at that point.  

To understand this better you might be interested in this video BEAT THE BANKERS – ELIMINATE DEBT

This is pure fraud.  The banker deposits your note as money, which is known in accounting terms as a DDA (demand deposit account) or checkbook money which is a liability to the bank which they have to pay back. 

However, they convert it illegally from a DDA liability (someone else’s money) to an asset (their own money) on their books and write the check for the house as though it were their money (asset).  This is provable in the accounting records and has been confirmed by expert CPAs. The Chicago Federal Reserve itself discusses this in the circular they published called ‘Modern Money Mechanics’.  It is no longer published but you can find it on the web. 

So when a bank advertises that it is making loans, the presumption is that they have money of their own to loan out.  This is pure fantasy, falsehood and willful deceit of the unsuspecting public. 

So where does that leave us? 

The U.S. Supreme Court has upheld on various occasions that ‘Fraud vitiates all contracts’. The case Throckmartin vs. U.S. is one of them.  In other words, due to the fraud involved in sucking you into a contract which uses false weights and measures, that contract is null and void ab inicio (from the beginning). 

What can we do about it? 

We can prove it in court and have the mortgage contract nullified.    People are doing it and this is only the tip of the iceberg as it relates to fraud and forgery in the mortgage racket.  The mortgage and foreclosure racket has become a widespread, systematic criminal enterprise preying on the unsuspecting hard working people whom they impoverish with their schemes. 

Here is an interesting article showing how people are winning on this issue.  Click Here

We can also discuss unsecured debt like credit cards and student loans being in the same boat.  Here’s a webinar on that subject.  Click Here

This situation does not apply when someone actually loans fiat cash money or gives credit based on actual ‘money’ on account which is then transferred. This is typically what credit unions do, friends, relatives and other real people or private companies who actually do lend actual cash. Those are legitimate ‘loans’.

Once you fully understand this issue you will be much more aware of how the Babylonian system is abusing us and keeping us all poor contrary to God’s will. 

Here is some scripture to apply to your studies and knowledge base: 

Acts 5: 1-6

Exodus 22:25

Ezekiel 22:12-13, 45:10-14

Genesis 23:15-16

Isaiah 23:8, 33:15, 

Leviticus 19:11, 25:14-17, 19:35-36, 

Luke 22:36

Matthew 25:16

Micah 6:10-11

Proverbs 10:2, 11:1, 20:10,23, 16:8, 16:11, 28:8, 31:24,  

Psalm 15:1-5