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A Fat Cat Michael O'Bernicia and Michael O’Deira have made a film called, The Great British Mortgage Swindle. Both had defaulted on their properties due to bankruptcy and both had been brutally evicted. Michael O'Bernicia was 18 years old at the time when his family was evicted because of his father's bankruptcy and the bailiffs treated his family like criminals coming along with 21 policeman is squad cars. After turning them out, the bailiff said to Michael O'Bernicia as he got into his car that if he hadn't got the last of their stuff out of the house by the time he returns he will throw it all out in the street. Michael saw red and have him 10 seconds to leave, or otherwise, and he shot off in seconds. The whole incident deeply upset Michael O'Bernicia, who felt that something
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A Fat Cat Michael O'Bernicia and Michael O’Deira have made a film called, The Great British Mortgage Swindle. Both had defaulted on their properties due to bankruptcy and both had been brutally evicted. Michael O'Bernicia was 18 years old at the time when his family was evicted because of his father's bankruptcy and the bailiffs treated his family like criminals coming along with 21 policeman is squad cars. After turning them out, the bailiff said to Michael O'Bernicia as he got into his car that if he hadn't got the last of their stuff out of the house by the time he returns he will throw it all out in the street. Michael saw red and have him 10 seconds to leave, or otherwise, and he shot off in seconds. The whole incident deeply upset Michael O'Bernicia, who felt that something
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A Fat Cat
Michael O'Bernicia and Michael O’Deira have made a film called, The Great British Mortgage Swindle. Both had defaulted on their properties due to bankruptcy and both had been brutally evicted. Michael O'Bernicia was 18 years old at the time when his family was evicted because of his father's bankruptcy and the bailiffs treated his family like criminals coming along with 21 policeman is squad cars. After turning them out, the bailiff said to Michael O'Bernicia as he got into his car that if he hadn't got the last of their stuff out of the house by the time he returns he will throw it all out in the street. Michael saw red and have him 10 seconds to leave, or otherwise, and he shot off in seconds.
The whole incident deeply upset Michael O'Bernicia, who felt that something about this was wrong, and so he started researching it where he found out, thanks to Richard Werner, that the banks have no actual money and just create it out of thin air on the spot. And this made him wonder why his family was turfed out on the street, when, in fact, his family didn't owe anyone any money.
And so thousands of people have their homes repossessed everywhere year when their default has not lost anyone a single penny. So. surely a better system could be put in place where people can stay in a property until they are financially solvent again, and also, not be hit by any crippling compound interest?
Michael O'Deira says creating money out of thin air is fine if the banks are run by honest, law abiding, decent people, but not when they are run by psychopaths who want to enslave the world by using the system to suck all the wealth of the 99% to themselves, the 1%. Michael O'Bernicia and Michael O’Deira say they want to reverse this so the wealth goes back to the 99% where it belongs.
Michael O'Deira says how he studied an A-level in economics but never once was he told how the banks make money. He believed the banks and the establishment keep this a secret on purpose, otherwise the public would be outraged and want a better deal.
Michael O'Bernicia says the courts are on the side of the banks, even though a lot of what they do is illegal. His family won their house back when they tricked the judge into admitting there were banking irregularities, but the judge still tried his hardest to settle the case in the favour of the bank.