JUNK BONDS FROM THE U.S. BANKS ON PURPOSE: KILL THE NEW DEAL: KILL EGALITARIANISM

The recent sub-prime mortgage fiasco is the direct result of undoing the banking laws of the New Deal. The fiasco is the result of unbridling the greedy. The con games revved up accordingly. The banks sold junk bonds.

Due-diligence to insure that people were putting in sufficient equity (down payments) and had solid work and credit histories was thrown out the window for the sake of getting in while the getting was good. Those who got out in time and especially those who bet against the system just in time at the end have made out like the bandits they are.

We aren't saying here that the answer lies in large down payments and solid work and credit histories. We are opposed to the whole system of usury. Nevertheless, within that evil system, the more evil ones just devour more when there is less and less to restraint them.

We aren't saying here that the answer lies in coercive restraints on the devourers. We are in favor of those devourers gaining working consciences. Right now, they are dead of the Holy Spirit of truth, love, and peace.

May God bless them all with the truth.

Tom Usher

About Tom Usher

Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.