If you think a 12% annual return on your money is good, here's the first time insider secret on HOW TO set your sights on 23% from your mortgage.

There has never been more confusion about mortgages than at this particular time in history. The collapse of the world economy can, in broad strokes, be laid at the feet of three parties; the Federal Reserve, mortgage lenders, and American home buyers. Of these, the most dangerous and most responsible party, the Federal Reserve Bank, is also the malefactor fingered the least.I like to share this interesting Dutch article geld lenen zonder bkr toetsing.

The Federal Reserve increased the amount a bank could loan relative to the amount the bank holds in deposits. It is hard to argue that the increase to a 30-1 ratio was simple idiocy. Jon Stewart repeatedly hammered this point home when demolishing Mad Money host Jim Cramer on March 12th. Why is Republican Congressman Ron Paul the only politician in Washington pointing at the Federal Reserve Bank? Why are heads not rolling and careers ending at Treasury?. And they should pay. Congress must rescind the Bank’s charter and replace it with a central bank controlled by the Treasury Department.

Mortgage brokers concocted obtuse mortgage contracts and then began shilling subprime loans to unqualified buyers. Millions who trusted their financial advisors had no idea there money was getting tied up in mortgages to unqualified people.

These shaky mortgages were then bundled and sold to financial firms as ‘asset backed paper,’ the now infamous ‘toxic assets’ we, the taxpayer, are buying from the banks. An other word for a so called toxic asses is a liability. And that’s what the governement is buying. The government is effectively using your money to buy these liabilities named toxic assets.

Finally, the people who sit and tell CNN cameras that they didn’t know that they had an adjustable rate mortgage are simply too stupid to own a home. I cannot conceive of people so clueless that they make the largest financial commitment of their lifetimes without reading the document they are signing – or at least paying a lawyer or advisor to do so. These people should never have been allowed to purchase a home, and they certainly shouldn’t be rescued from foreclosure.

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