Is it true the government is buying the bad mortgages?

Does this mean the people that are in those houses get to stay for free while my parents work 4 jobs to make our house payment? Is that right? Should everyone just quit making house payments today and get their house paid for free, too?Is it true the government is buying the bad mortgages?
Hi, yes if you are a minority you can get all of that, if you are not you have to keep up with your payments. The Federal Reserve is a private company and they have an agreement with the U. S. government, they can give mortgages to anyone they want and the govt will buy them back you can read about that in this book, The Creature from Jekyll Island by Griffin. check out his website http://realityzone.com/freedomforce.html and the the new party www.constitutionparty.org hope this will help you understand what's going on with our govt.Is it true the government is buying the bad mortgages?
No, they are only injecting money into the markets to try unfreezing lending money. But seeing as the mortgage and banking lenders ACTUALLY have the money, how is it frozen?





It's only another way to try ripping the people off and YES, they will still have to pay for the home, there is NO WAY a company will let some one live for free.
Yes