Tag Archives: Roosevelt

What does it mean if “FNMA SCH/SCH MBS FIX RPM 06TH” is your “creditor”? What IS “FNMA SCH/SCH MBS FIX RPM 06TH”? Is it a real corporate trust? Who set it up? Organized where? Under whose laws? Who is the trustee? Who are the beneficiaries? Who endowed or granted the trust into existence? And what about this credit-extension-foreclosure cycle: FNMA to FNMA in Nine Years Time—should this circle be unbroken or is it emblematic of the true governmental = communal = communistic nature of property ownership in the Soviet American Socialist Federation?

There is an old saying about inherited wealth in the United States: “From Shirtsleeves to Shirtsleeves in Three Generations.”  A few families, like the Bushes and Kennedys, Rockefellers and Fords, Roosevelts & Vanderbilts certainly seem to have broken from this mold.  But much more serious, I think is the route traveled by property in the modern world:  As evidenced from a case I’ve been working on in Michigan for five years now: from FNMA to FNMA in 9 years.  Is this not governmental ownership of property AND government extension of credit?  Is this not only the most thinly disguised communism?  Further, is there REALLY a viable “Trust” or “Corporate Entity” named and doing business as “FNMA SCH/SCH MBS FIX RPM 60TH” and if not, what is the purpose of naming such an entity and pretending that it exists as the “Creditor” for an extension of credit to Bradley S. Austin and his former wife Deana in Fenton, Michigan?  How was “FNMA SCH/SCH MBS FIX RPM 60TH” created, formed, and funded?  Who authorized or chartered it as a National Banking Association to accept promissory notes and deposit them, treating the notes as “money or its equivalent” under Title 12 of the United States Code, Section 1813l (12 USC §1813l)?  There are mysteries here which I do not understand—and I can at this moment think of no non-fraudulent reason for such structures.  Can anyone else help me out here?

Quit Claim Deed (BAC Home Loans to FNMA)

2nd part Notice of Assignment

07-30-2012 Bradley S Austin Rule 2004 Motion to Examine FNMA

So what Exactly was MERS’ Role in the Bradley S. Austin/Deana Austin mortgage?

If there were no minimum wage in the United States, how low would wages go?

Revisiting a topic I’ve discussed on this blog before, there was a new article on UK Yahoo, much to my surprise:

http://uk.finance.yahoo.com/news/should-we-scrap-the-minimum-wage.html

If there were no minimum wage in the United States, how low would wages go?  Would inflation come to an end?  How far might price deflation go?   Would outsourcing of American jobs stop immediately?  Would the power of labor unions increase or decrease (assuming freedom of contract and freedom to strike were preserved as a matter of constitutional right)?  Would anyone ever bother to immigrate illegally into the United States again? 

According to Wikipedia, “Many countries, such as NorwaySwedenFinlandDenmarkSwitzerlandGermanyAustriaItaly, and Cyprus have no minimum wage laws, but rely on employer groups and trade unions to set minimum earnings through collective bargaining.”  Is it coincidental that these are some of the countries with the highest standards of living in the world?  Higher than the standard in the United States?

The minimum wage was instituted in the United States as a matter of Federal Law in 1938, five years into Franklin D. Roosevelt’s New Deal.  Richard M. Nixon tried to impose “wage and price controls” as an antidote to inflation in 1971-72.  Nixon’s program was an unmitigated disaster and has not been repeated, but because of the mythology that the minimum wage guarantees a “living wage”, the Federal Minimum Wage is updated every few years.  It is an absurdity that one of the causes of inflation is automatically adjusted upwards to inflation.

My position is that government regulations such as the minimum wage stoke inflationary fires and provide no real security to anyone.  If elected to the United States Senate, I would propose a repeal of the Federal Minimum Wage and add a statutory clarification that any state-imposed minimum wage would constitute an unconstitutional infringement on the rights and obligations of contract, an infringement on Freedom of Association and Freedom of Speech, and a taking of liberty without due process of law.  

Let’s try to bring America in line with the most prosperous nations of Europe—ABOLISH THE MINIMUM WAGE!  MAKE AMERICA COMPETITIVE AGAIN!  Require EXCELLENCE in PRODUCTIVITY before automatic rewards.  

Oh, by the way, adjusted for inflation and currency, the average worker’s wages in Austria, Germany, Denmark, Sweden, and Finland, at least (countries with which I have some familiarity and have studied recently) have higher EFFECTIVE wages and lower rates of inflation than the United States of America.  Finland supposedly has the finest education system in the world.  America’s public educational system is a nightmare failure and should probably be abolished all together as one of the first and principal failures of governmental compulsory “welfare” laws.