Refinance the working-class loans at 2% and revitalize the American Dream.
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Set up a fed direct lending bank online that refinances American Working Class loans at fed rate plus 1.5%.
Allow Americans that want to Refinance any of the common loans they presently have with an online Fed direct lending bank at the interest rate set by the FED and retailor the loans to make the payment schedule based off of an individual’s earnings not a calendar. Let the IRS do debt collection. Use ½% to cover operating costs and charge 1.5% to compensate for people that die or are affected in a manner that makes it so they can’t repay the loan. Anyone else that has a loan we’ll be able to collect any remaining debt when they die. There is no bankruptcy. Since we are tailoring the repayment plan off a citizens earnings we can put an end to bankruptcy. We limit lending to realistic and conservative lending. If private lenders want to take on risky lending. They can. Just not with taxpayer money. |
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This could be a huge economic stimulus package for the American working class that are hurting with overpriced bank loans and fees. By removing the no-longer necessary Banks from the equation we remove the corporate welfare and put money back in the Working-Classes pocket while making their financial obligation manageable and reinvigorating home buying and revitalization, Small Business start-up and the working class having something left over to save for retirement.
By letting taxpayers borrow their money directly from the government and taxpayer funds we remove the corporate welfare of banks and other lending Institutions that are no longer necessary and are just corporate welfare Charging American money for Overpriced services.
The bottom half of Americans that are playing on average 25 to 30% for their credit cards and have been living off them for months now. By reducing the Interest rates they’re paying by 25% restructuring their loans to fit their income we would bring them to a point where they could actually afford to survive in America and not have to look forward to bankruptcy in the next few years. Bankruptcies were now suffering for are devastating our economy and hath to be stopped. The corporate shakedown of property owners to acquire property for disaster prices is robbing the working class blind. My refinancing their homes, credit card debt, Auto loans, Student loans and home improvement loans we would inject billions into The economy on the working class level where we’ll actually benefit America and not be used by investors overseas. We would also make Americans in the working class richer by giving them a moon an affordable repayment plan that allows them to be able to feed their families and pay their rent.
This is American taxpayer money why should we have to pay a bunch of corporate welfare for inferior services that do nothing more than lend us our money with two to 300 per cent markups on the interest rate and charging its fees. While there is a lot of complexity into a mortgage the government would charge me way less than private lenders And provide the exact same services we’re getting now. Add in the use of AI In operating maintaining and staffing these banks becomes extremely cheap and cost effective. It would also mean saving 60% of Americans for what will certainly be in the next couple years economic Devastation. It would prevent a massive loss from the working class to the bankers for lending taxpayer money back to the taxpayers.
Robert Steele USMC
By letting taxpayers borrow their money directly from the government and taxpayer funds we remove the corporate welfare of banks and other lending Institutions that are no longer necessary and are just corporate welfare Charging American money for Overpriced services.
The bottom half of Americans that are playing on average 25 to 30% for their credit cards and have been living off them for months now. By reducing the Interest rates they’re paying by 25% restructuring their loans to fit their income we would bring them to a point where they could actually afford to survive in America and not have to look forward to bankruptcy in the next few years. Bankruptcies were now suffering for are devastating our economy and hath to be stopped. The corporate shakedown of property owners to acquire property for disaster prices is robbing the working class blind. My refinancing their homes, credit card debt, Auto loans, Student loans and home improvement loans we would inject billions into The economy on the working class level where we’ll actually benefit America and not be used by investors overseas. We would also make Americans in the working class richer by giving them a moon an affordable repayment plan that allows them to be able to feed their families and pay their rent.
This is American taxpayer money why should we have to pay a bunch of corporate welfare for inferior services that do nothing more than lend us our money with two to 300 per cent markups on the interest rate and charging its fees. While there is a lot of complexity into a mortgage the government would charge me way less than private lenders And provide the exact same services we’re getting now. Add in the use of AI In operating maintaining and staffing these banks becomes extremely cheap and cost effective. It would also mean saving 60% of Americans for what will certainly be in the next couple years economic Devastation. It would prevent a massive loss from the working class to the bankers for lending taxpayer money back to the taxpayers.
Robert Steele USMC