Pay Off Your House Mortgage
NB: This article was written by James Harkin and may not be the thoughts or opinions of Pastor Lindsey Williams or LindseyWilliams.net
PAY OFF YOUR HOUSE MORTGAGE
BY JAMES HARKIN
It is important for you to pay off your house mortgage. If you have the funds available pay off your mortgage because when the economy crashes you may no longer have the income in order to pay your mortgage. The Federal Reserve own your home, they have been putting $40 Billion every month into mortgage backed securities. They have been doing this since 2008. It is now 2013, so 5 years of buying $40 Billion of mortgage backed securities every month would equal around $2.4 Trillion in mortgaged backed securities. The total value of the outstanding mortgage debt market in the US is $13 Trillion. Therefore, the Federal Reserve directly owns just-under 10% of the mortgage market. However, you have to understand that banks, pension funds and investment companies own the rest and when the economies of the world are deliberately crashed, all of these banks, pension funds and investment companies will also fail. The result is that the Federal Reserve will have to take them over. So eventually if it isn’t already, your mortgage will be owned and controlled by the Federal Reserve. Incidentally, the Federal Reserve controls all banks who must ask permission to do certain things. Therefore, if they have that much control over what banks such as J.P. Morgan are doing then it is possible that these banks are doing the Federal Reserve’s bidding in the markets to manipulate the gold and bond prices to keep the game going that little bit longer.
The Federal Reserve will own supermarkets, office blocks, warehouses, care homes, restaurants, bars and bowling alleys. There’s nothing that the Federal Reserve won’t control after all is said and done. This means any businesses that remain will be in the elite’s pocket and individual business people will do as they are told if they want to keep their lifestyles. It’s happened before and it will happen again.
Many people don’t have the funds in order to pay off their mortgage. There is something you can do. Sell your home and buy something that you can purchase outright. It doesn’t matter where it is, so long as it is outside of a city and in the countryside with a bit of land in order to grow your own food. Pastor Williams says “it is better to live in a 1 room log cabin without a mortgage than to live in a mansion worth a million dollars that the Federal Reserve owns because they probably already own your mortgage” that you will lose when the collapse takes place. This is a possibility for you to lose your home, I highly recommend that you follow the word of Pastor Williams and pay off your mortgage as quickly as you can.
Like I wrote about before with that fancy car, do you need that million dollar mansion, is it a necessity or are you just massaging your ego. Ultimately people live to their incomes and if they are earning thousands of dollars per month they will spend thousands of dollars per month. Those who live lavish lifestyles are not going to be able to cope when the crash occurs if they are unable to sacrifice their lavish lifestyles. Those who act now are going to not only survive, but prosper through the crash, not have the stress of the Federal Reserve coming to take their home and have the money to provide their family with the necessities.
With a smaller home with land, you will not only see your utility bills drop drastically, but its reduced costs will enable you to not have to work a 60 hour work week in order to provide for your family. Any extra money you have in your pocket can be used to buy the items you need to prepare, whether it is equipment, a vehicle or supplies. You won’t have to stress that your income doesn’t allow you to buy what you need. Of course if you have spare money, buy gold that will allow you to prepare for the biggest buying opportunity of your lifetime.
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If what Pastor Williams says is true, then its likely those who do nothing will have their homes confiscated by force and they could end up in soup lines and either living on the street or moved into FEMA camps or worse. In the bankrupt UK many people who are renting their accommodation from their local authorities. The UK government, in order to scrape a few pennies out of the poorest people are telling them that they will pay extra tax if they have a spare bedroom. Either they move into smaller accommodation or pay more from their already low incomes. Therefore in the US it’s a real threat that people will be moved like cattle around the country where the labour force will be distributed by necessity and if you become controlled by the Federal Reserve who wouldn’t relocate in order to feed their family? There’s also a possibility that because of the sheer number of repossessions that people will be allowed to stay in their homes, but they will be expected to rent them from the Federal Reserve.
Please check out the other sections of the 10 Steps To Avoid The Crash article:
- INTRODUCTION: 10 steps to avoid the crash.
- PART 1: Buy every piece of gold you can lay your hands on.
- PART 2: You have to get out of debt.
- PART 3: Get out of paper.
- PART 4: Pay off your house mortgage.
- PART 5: Store food, water and firearms.
- PART 6: Get ready for the biggest buying opportunity of your lifetime.
- PART 7: Get out of the city.
- PART 8: Purchase everything you need.
- PART 9: Sort out your medicine cabinet.
- PART 10: Get your spiritual house in order.
- CONCLUSION: 10 steps to avoid the crash – conclusion.