Rob McCalls Grannys Mother Knew the LAW

March 08, 2012

My Granny’s Mother.
Back in the day when my Granny’s Mother was a young woman and only had a small family of nine children, she used to go to the Pawnbroker on a Thursday afternoon with some Blankets.

The Pawnbroker.
The woman did not possess a lot in this world of value, but these few goods she relied upon, to able to get a bit of cash to feed her family until her husband got paid on the Friday, and she could get back to the Pawnbroker on the following Tuesday to get her stuff redeemed from the Pawnbroker. 

The Security Game.
The Pawnbroker would hold on to her Blankets as Security or Surety. Although her Blankets might be worth 20 Shillings, the Pawnbroker only gave her nine Shillings for them. He also gave her a Redemption Note, so that she could reclaim her stuff.

Redemption Note.
On her return, my Granny’s Mother would bring the Redemption Note and gave the Pawnbroker 10 Shillings to get her Blankets back. The Pawnbroker gave her back her Blankets, making a 1 Shilling Profit.

Terms and Conditions.
If She didn’t make it back to the Brokers office on time, he would sell her goods and make an even greater profit. If she was late and he still had her goods he could demand more money from her … over and above the original agreed 10 Shillings.

Stopped and Precluded.
If she was late and the Broker had already sold or exchanged her Blankets, he was then stopped or precluded from being paid again, and could not logically demand any more monies from her.

Granny’s Mother Knew the LAW.
Do you think that my Granny’s Mother would have stood for being charged for a Pawnbroker selling on her goods? Would she f**k! The same woman slept with a pistol under her pillow, so no jumped up scut of a pawnbroker was going to mess with her.

Securitisation Explained.
This is a very simple and logical way of explaining Securitisation. The Bank Sold on the Loans (Security Blankets); therefore they have already made their money, so cannot logically be asking for more money, can they? They no longer own or have possession of the ORIGINAL Security Blankets / Note.

BANKS SOLD THE BLANKETS!

For the past three years tens of thousands of People have demanded that the Bank produce the ORIGINAL Security Note/Loan. NO BANK have produced the ORIGINAL Note.

… Because They Have Sold ALL the Blankets.

Please feel free to pass on this link to your friends and family.
http://livefreenewzealand.org/grannyslaw.php

Rob: of the Clan McCall 

 

 

 

Copyright Free 2011 - Live Free New Zealand