The Truth About Our Current Mortgage and Banking System
"And Jesus entered the temple and drove out all those who were buying and selling in the temple, and overturned the tables of the money changers and the seats of those who were selling doves. And He said to them, 'It is written, "My house shall be called a house of prayer,''but you have made it a "den of thieves."' – Matthew 21:13
The money changers in the temple were charging excessive interest. Bankers are also known as money changers.
"You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out." – Andrew Jackson, to a delegation of bankers discussing the Bank Renewal Bill, 1832
Mortgage Planner Chris Prang (The Mortgage Analyst) Reveals The Truth About Our Current Mortgage and Banking System and Lets You In On Little Known Secrets and How They Adversely Affect Your Ability To Own Your Home Outright and To Become Debt-Free!
The Body of Christ/The Christian community has been duped and led astray when it comes to mortgage financing and home ownership. We, like the rest of society, have been sold a bill of goods that has depleted our bank accounts, encumbered us with unnecessary debt and stripped us of our wealth. In some cases, we've had to send our wives off to work or take on extra work to cover the burdens upon us. We've profited little, but the banking cartel has created mass amounts of wealth off of ours and others labor and property.
Thomas Jefferson and The Bible Do Have Something In Common After All
"The rich rules over the poor, and the borrower is servant to the lender." – Proverbs 22:7
"The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating." – Thomas Jefferson
Our current system of borrowing, especially when it comes to financing a home, is a corrupt system that has been developed and perfected over time by an elite group of people who have only one desire, to control all the world's money and all the governments of the world. If you think I am kidding, read the following quotes from David Rockefeller.
"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that's the charge, I stand guilty, and I am proud of it." – David Rockefeller, in his Autobiography, "Memoirs"
Rockefeller has additionally stated:
"We are grateful to the Washington Post, the New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The super-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." – David Rockefeller, then Chairman of Chase Manhattan bank, speaking at the June, 1991 Bilderberger meeting in Baden Baden, Germany (emphasis mine)
"We are on the verge of a global transformation. All we need is the right major crisis and the nation will accept the New World Order." -David Rockefeller, Chairman of Chase Manhattan Bank (now J.P. Morgan Chase bank) (emphasis mine)
I don't know about you, but when I read something like that, especially "New World Order," what comes to my mind is the driving force behind it. And at this time I can only conclude that is not of God, but of Satan. Now that I have made that statement, I want to say that I am not an alarmist nor one who gets into conspiracy theories.
But it is important for us, as Christians, to realize that being indebted to the secular mortgage and banking system is to be dancing with the devil.
A Quick Picture Of How Our Monetary System Works:
What if for every $1000 you had, you could magically and in an instant turn that into $10,000 without any labor, risk or cost on your part? Now what if you could take that additional $9,000 you created ex nihilo (out of nothing) and lend it to people and earn interest on it? Basically you, the lendor, are earning a return on money that you don't have and it is backed up by the lendees (borrowers) collateral. That would be pretty good wouldn't it? Now you might be saying "there's no way anyone can do that and if they could it wouldn't be legal and it certainly wouldn't be ethical." Well that is exactly how our banking and monetary system works.
This system is controlled by the Federal Reserve. The first two things you should know about the Federal Reserve are:
- It is not Federal, meaning it is not part of the US Government, nor does the US Government have any real control over it (despite what the FED tries to tell you). For more info on the FED click [here]
- It doesn't have the Reserve to cover it deposits.
The Federal Reserves (and its member banks) main purpose is to create debt for the government and the citizens of our country. By creating debt (out of money they don't have) they encumber the Christian community and the citizens of this country with unnecessary and unending debt. All for their profit and control over our finances and property.
What do most people do when they buy a home and take on a mortgage?
- After 3-5 years they refinance their 30 year mortgage (maybe at a lower rate) and get a new loan at a higher balance and start back over for another 30 years.
- After about 7 years the average person moves and acquires a new loan at a higher balance and starts back over for another 30 years.
- They repeat this buy-refi-buy-refi cycle for the next 30-40 years and never get ahead.
| Transaction | Year | Balance | Cost of Financing | Value |
|---|---|---|---|---|
| Buy | 1 | $300,000.00 | $300,000.00 | |
| Refi | 4 | $340,869.00 | $86,335.00 | $378,743.00 |
| Buy | 7 | $405,980.00 | $71,244.00 | $451,089.00 |
| Refi | 11 | $461,286.00 | $116,835.00 | $512,540.00 |
| Buy | 14 | $549,400.00 | $99,563.00 | $610,444.00 |
| Refi | 18 | $624,245.00 | $158,109.00 | $693,605.00 |
| Buy | 21 | $743,485.00 | $134,736.00 | $826,094.00 |
| Refi | 25 | $844,770.00 | $213,963.00 | $938,633.00 |
| Buy | 28 | $1,006,134.00 | $182,334.00 | $1,117,927.00 |
| Refi | 31 | $1,143,199.00 | $289,550.00 | $1,270,221.00 |
| Total | $1,352,669.00 | |||
| Net = Value-Cost | -$82,448.00 |
So after 31 years of owning homes/property you lost $82,448.
There are two ways to beat the system:
- Get out of debt & pay down your mortgage by accelerating the equity: Click [Here] To Learn More
- Invest your equity into a safe, conservative investment: Click [Here] To Learn More
I believe as Christians we need to separate ourselves from a worldly system of finance and a worldly view of money and how and why it should be used.
As Christians we should be taking dominion over the earth, but when we sell our souls and become slaves to the secular lender we never end up owning our homes and property outright. We encumber ourselves under unnecessary debt, work our lives to pay it off and in most cases in the end the bank owns it.
We need to own property and own it outright where we are free from the burden of debt, out from underneath the masters (a.k.a. the lenders) bondage and free to use our homes and property for the glory of God and to pass it on to our children. "A wise man leaves an inheritance to his children's, children, And the wealth of the sinner is stored up for the righteous." – Proverbs 13:22
We are ambassadors for Christ and we must use our homes as an embassy!
Here are some links about hospitality and making your home an embassy:
- The Power of Hospitality
- The Hope of Hospitality
- "The Power of Hospitality" by Chuck and Kathie Crismier