The Strike - A Voluntary Private Market Solution

What “We The Homeowners” want:

1. A Voluntary Private Market Solution: reduce what homeowners owe to current market values (principle mortgage reduction)

 

What “We The Homeowners” want in addition:

1. Incentives and subsidies for solar, wind, insulation, caulking, and energy efficient equipment and appliances upgrades, to be applied during the principle mortgage reduction process
2. Incentives for developers and builder to build energy efficient homes and buildings from the beginning.  Building energy efficient homes and buildings will save the end user—the homeowners and businesses that lease commercial property—thousands of dollars in utility costs over the lifetime of the property

 

What are the benefits?

1. By reducing what homeowners owe, we reset the real estate market, creating a level-playing field for equity growth, buying-selling-refinancing properties,
2. Puts money back in homeowners’ pockets, and equity back into our real estate
3. Our plan will create economic growth.
4. Avoid the coming 2nd Real Estate Collapse when mortgages reset in 2011 & 2012.
5. Increased revenue for our municipalities to fund our schools, hire back our teachers, police officers, and firemen.
6. Reform our financial system so that it is equitable, transparent, and stable.  No more boom and bust cycles and “bubble” economies.

 

What if the banks don’t negotiate?

We partner with local banks and credit unions to be our loan agents and move our assets and investments into them, by passing the big-banks corrupt and rigged credit rating system.

 

What can the banks threaten us with?

1. As FDR once said, “the only thing to fear, is fear itself.”
2. The banks only weapon is to threaten our credit rating.
3. Threatening us with a bad credit rating is no threat at all.  The banks are not giving loans. Currently there are no loans available to the average homeowner, just credit card debt at outrageous rates. Meanwhile, the banks are racking up massive profits on credit card interest during the worst economic recession and the highest unemployment since the great depression.
4. As mentioned previously, we will use our local banks and community credit unions to bypass the big banks corrupt and rigged system of the credit score.
5. See article on Credit Score: The banks tool to control our behavior.

 

Some homeowner actions to mitigate the banks threat to ruin our good credit

1. The homeowners will partner with local banks, community banks and credit unions and community micro-credit agencies to be our new loan agents
2. We the Homeowners will invest in our local and community banks, moving our assets into their care.  In turn, the banks will invest in us, discarding the corrupt Credit Rating system and designing a community-based metric to assess our credit worthiness
3. Together we can create new metrics that determine our credit worthiness.  A risk assessment based not only on on-time payments, but also community character references, time-in residency, and community co-signers.  Basically, in addition to statistical evaluation models the bank traditionally uses, the communities we live in will vouch for our worthiness as borrowers and the banks that service our communities will get to know us personally and can make good common sense judgments.
4. Capitalism does not depend on banks alone; it depends on regular people conducting trade and commerce.
5. Capitalism does not depend on globalization alone, but also upon the essential transactions of the local community

 

Homeowners Unite! We encourage you to join United Homeowners, the first organization in the country representing homeowner’s interest.  Please sign our online registration form to sign up to see if you qualify for our program and begin negotiations to reduce your mortgage principle to current market values!

We have Power in numbers, so spread the word.

read more: 2nd Stimulus