"March 14 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said too many home loans have been ``neither responsible nor prudent'' and called for ``strong oversight'' of different types of mortgage lenders."
He said ``strong, uniform oversight of different types of mortgage lenders is critical to avoiding future problems. Regulatory oversight of mortgage lending has become more challenging as the breadth and depth of this market has grown over the past decade.'' He added the Fed is working with other state and federal agencies ``to achieve more uniformly effective supervision.''
Federal Deposit Insurance Corp. Chairman Sheila Bair, who has echoed Bernanke's call for principal reductions, said today that policy makers have to pursue ``more aggressive intervention'' to curb foreclosures and her agency is "very actively'' considering options."
---------------------------------------------------
With all the turmoil in the home mortgage industry many people have been wondering what it means and how it may affect them? Well, look at this solution they've come up with for the problems and it all starts becoming clear. It's time to take over!
Step by step.
Here is a an interesting thing that relatively very few people understand. You may or may not be familiar with the term "sustainable development" (but you need to be) aka "United Nations Agenda 21". It is simply a name for the "global-management plan for the 21st century". Part of this 'agenda' is to decide what is, and what is not, "sustainable" for the future, hence the name 'sustainable development'. Here is where it gets interesting, because if you will do the research you will discover that one of the things that has been determined to be "unsustainable" is private property. Yes Ma'am....it's true...private property is "unsustainable". The 'beast' will own it all! see: sustainable development
Connect the dots.
------------------------------------------
"Love not the world, neither the things that are in the world. If any man love the world, the love of the Father is not in him." (1 John 2:15)
No comments :
Post a Comment