by Jane Smith

Created on: February 01, 2009

I have included, below, a copy of a proposed loan offering which I discovered on the internet, by way of illustration of how corrupt the banking industry has become at the hand of Congress, and a news excerpt illustrating the extreme danger of foreign investments in United States assets which, constitutionally, belong solely to the American people.

Congress needs to take IMMEDIATE action to rein in the banking industry. When I was young during the early 1960's, 20% interest was considered to be loan-sharking and was, therefore, illegal...especially in consideration of the fact that the Holy Bible warns against usury (charging interest). Today, even Wells Fargo, a respectable bank, charges more than 30% interest to some of it's poorest clients and 120% interest for a cash advance. And, now, to add to the extreme financial burdens of the lower middle-class and poor, those who are forced to declare bankruptcy have no permanent reprieve from their indebtedness.

As these and adjustable rates increase steadily due to late payments, and late fees and overdraft fees accrue, the average American citizen, who secured the credit with the agreed to lower interest rates in mind, will become unable to pay his or her bills sufficiently, causing Visa and Mastercard and other creditors to cry "foul", asking for reprieve from the Government. Then, the burden on the people will increase to such an extent that foreclosures will be followed by personal bankruptcies at nearly unprecedented rates. Our nation cannot sustain under such depletion of it's Treasury.

This problem has become so outrageous, mainly, due to dual citizenships, which were illegal for most of our nation's history, and are, technically (=), unconstitutional, according to the will of our Forefathers, who formally relinquished their British citizenship in order to become Americans. Today, however, the aggregate of extremely wealthy socialist foreigners with enormous financial power and an agenda have corrupted our democratic system of government to the point that America has become unrecognizable. As a more obvious example, if we sell our physical real estate properties to foreign investors with dual citizenships, considering the current rate of such investments, we might as well kiss America goodbye. It is, NOW, time for Congress to do all that they can possibly do to expurgate this unconstitutional and destructive law, before America ceases to be, piece by piece.

This is a homeland security issue, as well. A citizen

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