Upcoming Rally to Challenge Heavy Handed Banking Tactics

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By Mark Anderson —

READING, Penn.—Dozens and potentially over 100 citizens on Friday, September 25 plan to protest mortgage foreclosures and related property seizures, among other strong-arm tactics of the banks. According to monetary reform activist and organizer Mickey Paoletta, the gathering is slated to take place in Reading, Pennsylvania at noon EDT.

Paoletta, whose former Citizens Reform Center (CRC) had helped expose the operations of the Federal Reserve System and the commercial banks, continues to educate interested citizens on how to challenge the alleged credit card and mortgage “debts” dished out by the banking racket—which gobbles up personal property as collateral by issuing “loans” that are created as mere computer-data entries and cost the banks virtually nothing.

Paoletta now carries out his work by way of Americans for Banking Reform. His research, reviewed over the last several years by this writer, reveals that banks do not loan depositors’ money as is commonly assumed, nor do they loan their own profits. They simply sequester the credit that belongs to the people—while applying formulas chiefly for their own benefit—and they create money with mere computer entries and attach compound interest charges and fees.



 

While hundreds of cases of grave financial injustice could be cited, briefly consider the case of Rebecca A. Crimone. In the spring of 2014, during a difficult time in the latter part of her pregnancy with her third child—including high blood pressure and other health problems—she was jacked around by the courts, which reportedly engaged in deceptive and unlawful procedures.

Crimone tried to address treacherous actions by the bank which held her mortgage and which began foreclosing on her home after three missed payments.

According to Crimone, a sheriff’s deputy forcibly escorted her from the courtroom during a hearing in which she was a participant, even though she never attempted to resist the judge’s order to leave the courtroom. The deputy grabbed and injured her arm in the process. She said she suffered torn ligaments.




Crimone started dealing with the situation simply by reaching out to the bank, in order to make her mortgage current. But she said the bank rebuffed that honest effort, opting instead to pursue foreclosure. Soon, she and her family realized, “Something was not right. ‘They want your money not your home’ kept coming to mind. This is a phrase I had heard many times during my [20] years in real estate. But it was becoming blatantly clear that this statement was completely . . . wrong. Nationstar [the mortgage company] wanted our home not our money,” according to Crimone’s written account shared with AMERICAN FREE PRESS.

Stories such as this, so common yet so rarely reported, form the basis of the planned protest in Reading. For more information, call Paoletta at 717-979-3061 or email him at hermitageway7@cs.com

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AFP Roving Editor Mark Anderson is a veteran reporter who covers the annual Bilderberg meetings and is chairman of AFP’s new America First Action Committee, designed to involve AFP readers in focusing intensely on Congress to enact key changes, including monetary reform and a pullback of the warfare state. He and his wife Angie often work together on news projects.

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