Fraud: Chase, Sierra Pacific Mortgage, PHH Mortgage Services, and the Treasonous Facts of Foreclosures
The foreclosure process in the United States is not merely a legal recourse for unpaid debts but an act of treason that undermines the economic sovereignty of individuals. This perspective is based on the FACT that all currency and assets are generated by living men and women through their promissory notes, signatures, and nine digit banking number (EIN, ITIN, TIN, social security numbers, etc).
Asset Creation Through Promissory Notes:
natural men and women create financial assets and when signing of promissory notes, bills, bills of exchange, negotiable instruments, and other securities. These instruments, backed by the individual’s promise to pay, are recognized as obligations of the United States under 18 United State Code. The moment an individual signs a mortgage agreement, the home is effectively paid for by the creation of this financial security. However, banks and financial institutions exploit this system by continuing to demand payments and initiating foreclosure processes.
Many people are being defrauded, coerced, extorted, deprived, banking incorrectly, and misunderstanding the true nature of financial obligations and the protections available to them under the law. According to 18 U.S. Code § 8, an “obligation or other security of the United States” is defined broadly, indicating that all such obligations fall under the purview and responsibility of the U.S. Treasury. This includes Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money. This has profound implications for how we understand debts and bills.
When you delve into the Uniform Commercial Code (UCC), specifically UCC § 3-603 and UCC § 3-311, and consider House Joint Resolution 192 of 1933 (Public Law 73-10), it becomes clear that many people are being “deprived under the color of law.” These legal frameworks reveal that financial obligations (bills) are essentially discharged. House Joint Resolution 192, passed during the Great Depression, declared that debts could be settled by the government to alleviate financial burdens on the public, and it specifically states “you cannot demand payment in a particular coin or currency.” This historical context shows that the traditional view of debt repayment is fundamentally flawed.
Additionally, the Buck Act of 1940 plays a significant role in this context. The Buck Act allowed the federal government to extend its jurisdiction into what would traditionally be considered state territories, effectively creating federal “territories” within states. This jurisdictional shift means that individuals living in these areas are subject to federal laws and taxes, further complicating their financial and legal standing.
The Role of “Legal” Firms and “Lawyers”/Foreign Agents:
Legal firms, whom are 3rd party foreign agents, play a crucial role in this fraudulent scheme. These entities, hired by banks, initiate foreclosure actions despite knowing that the financial obligation has been settled and the process is a robbery. This “practice” amounts to theft and embezzlement, as they unlawfully seize property that has already been paid for through the creation of financial securities. “Lawyers” simply know the law better than the every day layman and are able to swindle and defraud them with ease. The moment a man or woman hires a “Lawyer” they become a “ward” and are deemed incompetent. You lose standing and become a backseat passenger to your own life.
These “courts” are not courts, they are Administrative Tribunals, Administrative Adjudication. This violates the Fifth Amendment, Sixth Amendment, and the Seventh Amendment.
Mail Fraud and Concealment:
Banks commit mail fraud by sending out statements that do not disclose the true nature of the financial transactions. Each statement represents a return of credit or equity to the purported borrower, yet this information is concealed from the public. By withholding this critical information, banks deceive individuals into believing they owe more than they do, perpetuating a cycle of debt and financial oppression. This amounts to fraud, extortion, coercion, deprivation of rights “under the color of law,” monopolization of trade and commerce, bank fraud, forced peonage, identity theft, injury, and damage.
Violation of the Uniform Commercial Code:
Under the Uniform Commercial Code (UCC) sections 3-603 and 3-311, the tender of payment in compliance with these provisions should settle the debt. However, banks unlawfully and illegally attempt to reject these tenders of payment and coerce, extort, threaten, and intimidate men, women, and children, leading to unconstitutional practices that force individuals into a state of peonage. This fraudulent debt system is maintained through deceptive practices and legal obfuscation.
Treason and Economic Control:
The actions of these financial institutions and their legal representatives can be considered treasonous, as they undermine the economic autonomy of individuals and monopolize trade and commerce. By controlling the issuance and flow of currency, banks create a system where individuals are unfairly dispossessed of their assets. This monopolization not only stifles economic freedom but also perpetuates systemic inequality.
Conclusion:
Foreclosures represent a significant failure of the financial and legal systems to protect individual rights and economic sovereignty. By acknowledging the fraudulent nature of these practices and holding financial institutions accountable, we can work towards a more just and equitable economic system that respects the value created by individuals and safeguards their assets.
