Skull Pilot
Diamond Member
- Nov 17, 2007
- 45,446
- 6,163
no your mortgage is backed by REAL ASSETS namely your house and the land it sits onthere is no trust fund and there never was all there ever was is a box stuffed with IOUs that the government writes to itself and guess what the governemnt has no obligation to pay that money out all they have to do is change the law and you are shit out of luck
They are IOUs in almost exactly the same way your friggin MORTGAGE is an IOU, stupid.
You just want to reneg on that obligation
you cannot get a mortgage if you do not have the REAL ASSETS of a house and the land it sits on.