Sunday, April 5, 2009

Saving the Economy

There is only one way to save the World Economy and the US Economy from the Toxic Sub Prime Mortgage meltdown and reverse the disastrous raping of the ordinary American Household by The International Money Elite.

1 Create an Economic Recovery Fund (like the International Monetary Fund) to Purchase, Guarantee and Trade the Toxic Mortgages on the Financial Institution Balance Sheet ,

2 Have Governments from all over the World Fund this New Group. This will remove the Toxic Mortgages from their (Financial Institutions) Balance Sheet and allow them (Financial Institutions) to lend again, since the Toxic Assets are removed from their (Financial Institutions) Balance Sheets.

3 Charge all Affected Financial Institutions an Annual Premium to Participate in the Fund. Freeze all Home Owners Foreclosures, renegotiate all affected Mortgages in the Toxic Assets Group.

4 Create a Home Owner Trust Fund to manage all Foreclosed Homes and Overvalued Home and abandoned Homes. Create a Fixed Market Value Bottom to all Homes, therefore squeezing the Inflated Values out of the System, and shifting it into the Toxic Asset Classification. This will give all Real Estate Values a Bottom to rebound.
Provide a pathway for the Foreclosed Owners or the Dispossessed (ordinary or homeless person) a Rent to Own Option to repurchase these properties again.

5 As the economy recovers and Real Estate begin to grow in value again, the Financial Institutions can buy back their Toxic Assets from the Fund, since these Assets again Have Value - all of it Generated from the growing economy and Real Estate Values.

6 Have an International Job Bank like this one, and get all business Worldwide to List their Vacancies, to create Employment Opportunities for ordinary Households

7 Create online entrepreneur business like The Home Income Portal (see below for more). to earn income from home,


Start your personal income today: The Home Income Portal.



Alice
:-)

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